December 15, 2006 Green Bay, WI -- Genaddi Design Group, builders of the Ford GTX1, is announcing today, December 15, 2006, that production of the GTX1 will be limited to 500 cars. Each will be custom tailored to the client’s wishes with color and options. Additionally there will be another 100 GTX1 cars produced as the SEMA Edition, which represents the prototype GTX1 as seen at SEMA 2005 in Las Vegas, NV.  Each of the 100 SEMA Editions will be finished in Valencia Orange color with Titanium Silver stripes. Included on the SEMA Edition of the GTX1 are; 19x9.5 and 20x12 prototype wheels with Pirelli P-Zero tires, Sparco Racing Seats with silver grommets, a Horsepower Upgrade to 700+HP, Suede Dashboard, Hidden Rear Bumper, Adjustable Shocks, 5.1 Satellite Radio, Carbon Fiber Aero Package, Wilwood 6-piston Calipers and 14-inch Gas Slotted Rotors, the only option will be the B-door upgrade.

The cars produced during the run of 500 have a variety of options available to the fortunate owners who choose to upgrade their GT to X1 status, see our web site at www.gtx1.com for a full list of options to build your car. Also included in the 500 GTX1’s are 10 cars to be themed as Pan Americana GTX1’s in racing colors and appointments specially designed by Kip Ewing, the GTX1 designer, in commemoration of the La Carrera Pan Americana Road Race and only available to the South American market. A full history of the GTX1 can be seen at www.GTX1.com.

Genaddi Design Group is the company that was commissioned by Ford Motor Co.’s SVT Group to build the GTX1.  Owners of the Ford GT are welcome to have their GT upgraded to a GTX1 should they wish. Genaddi Design Group is taking deposits for the production slots immediately.  Production will continue at Genaddi’s present facilities until August 2007, at which time new production facilities will be used to complete the limited production run by August of 2008.  Introductory pricing for the basic upgrade has been increased from $38,000 to $48,000.  The GTX1 is listed in the NADA Guide and the cars are also listed with the Shelby American Automobile Club for collectability.

“Turning a super exotic into a phenomenal collector car is equivalent to having the chance to turn back the hands of time and buy a 427 Cobra”, says Mark Gerisch the CEO and Founder of Genaddi Design Group.  Gerisch says “with the popularity of the GTX1 and what it does for the true driving experience, there is no reason not to upgrade your GT to the GTX1 if you are a GT owner.”

Look for the No. 001 Production GTX1 to be sold at this year's Barrett-Jackson action in Scottsdale with proceeds benefiting charity.