Coach Industries Group, Inc. - 'CIGI' - Extends Agreement with Alliance Advisors for Strategic Investor Relations

Business Wire, Dec 12, 2005

COOPER CITY, Fla. -- Coach Industries Group, Inc. ("Coach") (OTCBB:CIGI), which offers an array of financial services including insurance products to commercial fleet operators, today announced a one-year extension of their initial agreement with Alliance Advisors, LLC ("AA") to continue providing proactive investor awareness and shareholder communications for the Company.

Alan Sheinwald, President of Alliance Advisors, and his team will continue to advise the Company in all facets of proactive investor communications. Alliance will further their efforts of strategic counsel and guidance in the area of investor awareness while assessing the capital markets as they continue to develop and build long-term relationships with the appropriate members of the professional investment community.

Frank O'Donnell, Chairman and Chief Executive Officer of Coach Industries, commented, "This year we have worked very hard at CIGI as we experienced tremendous growth and transition of our business, while transitioning the investor base with the help of Alliance Advisors. We anticipate the coming year to be very productive as we continue to execute our strategy and mature into a full-fledged financial services organization for the commercial fleet industry. We are delighted to extend our relationship with AA for another year. Alan and his team have been a vital component of our business, providing first class service and advice as we have made progress in executing our plan. Alliance Advisors is truly a partner in our business."

Alan Sheinwald, President of Alliance Advisors commented, "I believe that CIGI has turned the corner in 2005, positioning the company to deliver stable earnings in 2006. 2005 presented numerous challenges, which management properly addressed. The integration of several business models, providing financial products and services to more than 6,800 drivers and growing, is now complete. The capital structure has been simplified and solidified with a new $7 million debt and $2 million equity financing complete. The restructuring of the manufacturing division, along with the acquisition of Fleet Plan, LLC to help grow the leasing division has also been completed. The announcement that Dresdner Bank will provide CIGI with up to $100 million of lease financing provides them with one of the strongest financial partners in the world. Management has navigated through a time of transition realigning 4 separate corporations into one synergistic business, with the ability to leverage each ones attributes. All of these major milestones were completed during 2005. While we see the decrease in share price during this year as disappointing, we are encouraged by the future. We will conscientiously work to properly position and articulate the compelling value proposition Coach presents to the investment community so that their currency in the public market place achieves the valuation that CIGI deserves."

About Alliance Advisors

Alliance Advisors, LLC, an affiliate of Hayden Communications, Inc., assists public companies with market valuations under $100 million by developing and executing investor communications programs dedicated to interfacing with critical corporate investors in a timely and accurate manner. Clients receive the treatment of a larger organization, while Alliance provides the guidance and preparation for exposure required of an emerging public company. As Alliance clients achieve operational consistency, their investor relation campaigns are transitioned to the reach of the broader national institutional investment community.

About Coach Industries Group, Inc.

Coach Industries Group, Inc. (OTCBB:CIGI) ("Coach"), is a holding company focused on providing financial services and the manufacturing of luxury limousine and specialty vehicles to Commercial Fleet Operators.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.