MagneMotion to Exhibit at 2006 Assembly Technology ExpoMagneMotion Selects Racepoint Group as Agency of Record

Agency to Help Strengthen Company’s Foothold in Electromagnetic Technology Industry

Waltham, Massachusetts (August 28, 2006)

Racepoint Group, Inc., one of the fastest-growing public relations and marketing consultancies focused on emerging leaders in the technology, health and science industries, today announced that MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, has selected Racepoint Group as its agency of record. MagneMotion will work with Racepoint to elevate its visibility in the business, trade and analyst communities through an extensive thought leadership campaign.

“Our innovative and industry-tested technology provides practical industrial solutions for many of the world’s largest companies and transportation projects,” said Todd Webber, co-founder and COO of MagneMotion. “Racepoint represented the ideal choice to help craft our company’s story and convey the message to the right audiences.”

MagneMotion provides the world’s most advanced electromagnetic transportation, assembly and logistics solutions to create faster, more efficient, longer lasting and more affordable automated manufacturing and transportation systems. Racepoint will work with the company to create an industry dialogue around MagneMotion’s unique technology through highly visible speaking campaign and awards marketing programs. Racepoint’s expertise and client experience with emerging technologies will assist in fostering relationships with key constituencies, including potential customers, the analyst community and the business, broadcast and trade media to amplify the company’s presence in the electromagnetic technology space.

“MagneMotion is a great opportunity to work with a company on the leading edge of manufacturing technology,” said Marijean Lauzier, president and CEO of Racepoint Group. “We are excited about marketing MagneMotion’s leadership in key global markets.”

About Racepoint Group, Inc.
Based in Waltham, Mass, Racepoint Group, Inc. is a global public relations agency for the innovation economy. With a focus on emerging leaders in the technology, health and science markets, Racepoint assists clients in achieving new levels of market awareness and revenue growth with creativity, speed, and precision. With a relentless drive for immediate business impact, Racepoint provides clients with a level of research, analytics and measurement unmatched in the public relations industry through its breakthrough RaceTrack™ and FieldFacts™ interactive solutions.

For more information on Racepoint Group, Inc., please visit the company website: www.racepointgroup.com, or contact Racepoint at nloux@racepointgroup.com.

For more information on MagneMotion Inc., please visit the company website: www.magnemotion.com, or contact MagneMotion at info@magnemotion.com.