Perfect Line, Inc. the operator of NASCAR Silicon Motor Speedway , has secured a five-year extension on its category exclusive NASCAR license and will now enjoy the benefits of being a NASCAR licensee through 2009. Perfect Line has extended its license agreement with NASCAR through December of 2009. Under the terms of the exclusive NASCAR license for location-based entertainment, Perfect Line also has the right to use the NASCAR bar logo within the Silicon Motor Speedway name and logo to brand each racing center, and to use for all marketing of the racing centers, use within collateral sales materials, on its website, on merchandise and within racing simulator software. The license renewal extends those rights to operator-assisted revenue-share locations such as entertainment centers and theme parks where NASCAR Silicon Motor Speedway racing simulators are in use. Perfect Line operates the current 13 NASCAR Silicon Motor Speedway locations.( Perfect Line PR )(7-25-2003)
