Superior Hulls Inc. is seeking an investment or loan to develop and market a new product called Powerfins. Powerfins are automated fins that attach to marine vessels to reduce drag and improve speed, stability, and fuel efficiency. The company's president, Amnon Cohen, believes Powerfins could capture the entire marine transportation market. Superior Hulls plans to market Powerfins to boat and ship manufacturers, and seeks $175,000-$750,000 in investment or a $1 million loan to launch the product and achieve $250,000 in initial sales.

1. SUPERIOR HULLS INC.
Corporate Letter
Marine Angels
Special, Historic, Investment Opportunity
Company Name: SUPERIOR HULLS INC.
Contact: Mr. Amnon M. Cohen
Postal Address: #99-3063 Harriet Road, Victoria, B.C., CANADA, V9A 1T6
Telephone: 250 474 3200
Fax: by voice request c/o 250 474 3200
Email: surfins@islandnet.com
Website: www.SuperiorHulls.com & www.SuperiorHulls.net
Business & Product Description: Discovery based invention employing new advanced
technologies for Surfing Ships and Surface Skimming Watercrafts, created within
apparatus formed by simply automated FlexiblePowerFINS which are attached as add-on
capability to any existing marine hull, granting significant speed and stability plus safety
and improved performance with economic gains from recovering exerted energy losses to
frictions and drag and wave making - all which are canceled by the water lubrication effect
of this new revolutionary invention.
Attachment: Executive Summary
"POWERFINS” Executive Summery Overview, short form:
COMPANY: "SUPERIOR HULLS INC." was incorporated 0n April 15 1996 for taking over the
research and development results from my original R&D company "Orchard Bay Holdings LTD." which
was set to develop the discovery I had had made, and to innovate the product line which capitalize on
the technologic exploitation of the phenomenon I have discovered. -I am the sole proprietor of this
commercial project, which is also free from debts or claims.
MANAGEMENT OBJECTIVES: "SUPERIOR HULLS INC." intends to market the "SURFINS"
products' line directly to manufacturers as well as suppliers of marine vessels of all kinds and sizes, at
selected important trade shows; and by direct executive marketing, of volume sales. Short term
objective, is focused on public awareness of this breakthrough technology, via news, racing,
advertising and trade shows, plus selected business activities in the industry. The long term objective,
is the expansion of our "SURFINS" products lines and computerizing our offered engineering services,
and full International Marketing of "SURFINS" technology; plus strategically continuing the unveiling of
our exclusive advanced technology for controlled water dissection by our "Continuous Lift Hull" Design.
“SUPERIOR HULLS INC.” Corporate Letter #IOOI page 1/3
#99-3063 Harriet Road, Victoria, B.C., CANADA, V9A 1T6 Tel/Fax #- CANADA -250-474-3200
email at: <surfins@islandnet.com> Web Site at: <http://SuperiorHulls.com>

2. SUPERIOR HULLS INC.
MARKET: The Marine Transportation Industry, is truly vast, with virtually billions of crafts which can use
this merging revolutionary technology. There are National Defense Navies, Coast Guards, Police,
Fishing and Merchant marine fleets, as well as the Recreational marine markets; all of which we aim to
serve. -There is no competition to this new product line. One widely used product as standard
equipment to help performance on power boats, known as "Trim Tabs", was found useless next to
"SURFINS" on our test boat. -One major "Trim Tabs" company, enjoys more then ten million dollars
market share each year, by supplying its products to manufacturers. "Trim tabs" technology is inferior to
"SURFINS" technology. "SURFINS" technology is, creating a new and yet bigger market!!!
PRODUCT: The "SURFINS" are specialized fins installed on any marine hull to eliminate or reduce the
existing resistance forces hindering moving crafts on water. "SURFINS" are mechanically automated
appendages, which create a new beneficial Trochoidal wave along the under-surface of the hull of a
craft, thereby creating beneficial continuous water lubrication which regains much of the energy loss
before the installation of SURFINS, and granting improved speed, economic use, more comfortable
ride and long term durability to the craft and its structure. It also increases the resale value of the craft. -
There are ten identified commercial benefits which users of the "SURFINS" gain by installing these
hydrofoil-fins on their boats, vessels or ships.
SERVICE: The company will create and supply new product, and extend specialized Technologic
Services of computerized Engineering Consultation, for applications on vessels and ships, or similar
groups of crafts, and will issue installation manuals for Manufacturers and custom installations. -
Production strategy, is to purchase primary product from selected manufacturers of continuous hinge,
inputting our secondary processing in a moderate facility also used for storing ample supply of
"SURFINS" for sale, thereby obtaining high quality product with minimum staffing and investment in
product manufacturing.
MARKETING: Our Business Strategy Plan is to first complete or reapply for USA patent protection
under the "Powerfins" and marketing the product line first in USA. -Creating a "Show Boat" as a new
research and sales tool for "hands on" demonstration of SURFINS technology to targeted major clients
who manufacture and fabricate new Boats, Yachts, Ships. -Documenting further test results of the
"Show–Boat", on video and by print for publication; for supplying more exciting printed and visual
proof, to be used as selling tools for our Executive Sale initiative to selected major vendors within the
industry; and for our planned appearances in Trade Shows, and for news on TV plus planned future
paid advertising. -Compiling complimentary professional evaluations from credible Marine Architects
on this invention, and underwriting scientific research tests by Tow-tank facility. -Developing
Computerized Engineering Consultation service for our specialized technology. -Seeking commercial
agreements for supplying our exclusive product line, and/or licensing agreements and/or supplying
consulting services to major vendors in the North American marine industry, as our initial client-base
rather then addressing the consumer market for direct sales and installations. -Entering our display
marketing tools, in San-Diego, Miami, Chicago & other important USA Trade Shows. -Bringing the
news to the boating public, and advertise our product to the industry, on TV & trade magazines.
"NEW WEALTH POOL" The initial sought market is between $500,000ºº and $2,500,000ºº while
the minimum set goal of $250,000ºº of completed sales can establish our sufficient starting market
share. -The potentially available retail market in the first five year term, is $5,000,000ºº, and
approximately $25,000,000ºº within the first decade. -There is a good reason to project an
expectation of 100% of the market share from the beginning, and a very high market share for many
“SUPERIOR HULLS INC.” Corporate Letter #IOOI page 2/3
#99-3063 Harriet Road, Victoria, B.C., CANADA, V9A 1T6 Tel/Fax #- CANADA -250-474-3200
email at: <surfins@islandnet.com> Web Site at: <http://SuperiorHulls.com>

3. SUPERIOR HULLS INC.
years thereafter. -Marketing Strategy, is to accelerate the ongoing Exclusive Executive Sale Initiative
towards Boats and Yachts manufacturing corporations and their subsidiaries. With our "SURFINS" on
some of its crafts, manufacturers can offer more desirable boats and yachts and can increase their
market share ten times the invested cost in purchasing our products, we can also offer exclusive
licensing advantage for few years.
INVESTMENT OPPORTUNITY: "SUPERIOR HULLS INC." is seeking between US$175,000-
$300,000 or up to between $475,000-$750,000 USD cash as maximum working capital to enter the
industry and market its new advantageous product line, and may need further capital to secure its new
corporate market share, after obtaining a successful stronghold presence within the industry.
This new cash investment is sought from independent investors, industry insiders, major marine
manufacturers and distributing vendors, and also world class boats' racing teams; all such investors can
potentially be added assets to this venture's success.
LOAN REQUIRED: The optional business plan is to obtain a loan which will grant the company time
and initial working capital, to obtain new cash revenues from achieving expected sales. -This option
calls for a loan of One Million USA Dollars, for Fifteen (15) years Term with Option to repay all or some
of the principal after the first Five (5) Years, calculated at simple interest rate of Three (3%) percent per
annum on the monthly outstanding balance after each of three consecutive draws, repayable by
monthly installments into the lender's designated USA or global account. Where the first draw is upon
completion of this application for this loan, and the second draw is two years thereafter, and the third
draw is on commencement of the forth year after the first draw.
PROJECTED INCOME: Initial sought market is $500,000ºº to $2,500,000ºº, while we must reach
the minimum goal of $250,000ºº in revenues from completed sales in order to continue to serve this
loan, a goal projected to be obtained by the end of our third (3) year of sales of our new goods and
services. -Taxation position is excellent. We can start with this burdening loan and/or our tax-pool
entitlement for our already accrued Development Costs of the new technology, and this yet, with the
freedom to choose any free tax port off-shore. Plus, new moneys we shall be earning can be offset,
and is affordable against our further planned business development initiative. -If we grow too fast we
have the next product development phase in place to lower our taxation position. -We expect slowly
growing sales during first three years, and market acceptance of "SURFINS" products between the
forth and seventh year, starting our threshold growth momentum by then. -I hope and expect to be
able to earn more than sufficient income to be able to maintain our commitment to the lender by the
end of the first five years of business activities within the market place. -I can not see how we shall not
be able to sell the minimum goal of $250,000ºº we must earn by the end of the first five years. My
projections indicate "SUPERIOR HULLS INC." shall be able to earn more the USA$350,000ºº
during the next five years, and may even sell $1,500,000ºº worth of product or more ?!
Respectfully submitted, by,
Amnon M. Cohen
Mr. Amnon (Ami) M. Cohen
President "Superior Hulls Inc."
“SUPERIOR HULLS INC.” Corporate Letter #IOOI page 3/3
#99-3063 Harriet Road, Victoria, B.C., CANADA, V9A 1T6 Tel/Fax #- CANADA -250-474-3200
email at: <surfins@islandnet.com> Web Site at: <http://SuperiorHulls.com>