**BREAKING NEWS** - Carroll Shelby International Inc. (OTCBB: GSGF)

LOS ANGELES, June 30 /PRNewswire-FirstCall/ -- Ginseng Forest (OTC Bulletin Board: GSGF - News) announced today that it has successfully completed the agreement to acquire Carroll Shelby Licensing Inc., and Shelby Automobiles Inc. As previously announced, Ginseng Forest will change it's name to Carroll Shelby International Inc.

"I am excited for the opportunity this provides," says Carroll Shelby, Chairman. "This will greatly boost our ability to expand on all fronts through licensing and automotive channels."

Shelby Automobiles Inc. is building the latest in a long line of performance cars. Shelby Automobiles Inc. manufactures the legendary Shelby Cobras, and will be involved in special car manufacturing, design and engineering projects, and plans to further increase production and availability of these historic cars through an expanded dealer network and direct sales under a license agreement with Carroll Shelby Licensing Inc. For more information, call 702/325-4851 or visit the company's web site at www.shelbyautos.com.

Carroll Shelby Licensing Inc., founded in 1988, is the exclusive holder of automotive manufacturer and entrepreneur Carroll Shelby's trademarks and vehicle design rights, which include some of the world's most famous muscle cars and high-performance vehicles, including the car that brought home to the U.S. it's first and only FIA World Manufacturers Championship in 1965, the famous Shelby Cobra Daytona Coupe. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles.  For additional information about the company or licensing opportunities, call (310) 914-1843, or fax (310) 914-1853 or write to Carroll Shelby Licensing, Inc., 11150 West Olympic Boulevard, Suite 1050, Los Angeles, CA 90064 or visit www.carrollshelby.com.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. 

Source: Ginseng Forest, Inc.

Various Shelby companies are now organized within one public entity to be named Carroll Shelby International, Inc., collectively referred to as “Shelby.”  By taking the Shelby companies public, management will have access to the resources of the capital markets enabling the company to further develop and execute its plans for growth and expansion.

About The Founder - Carroll Shelby

 

Carroll Shelby has been involved in the automobile racing industry as a successful driver and team manager for decades and during this time has manufactured both on and off track cars. He has also worked as a consultant on some of the auto industry's most entrepreneurial projects. 

After leaving the Army Air Corps in WWII, Mr. Shelby joined the Aston Martin racing team in the 1950s. In 1958, teamed with Roy Salvadori, he won the famed LeMans 24 Hours for Aston Martin, giving the team its only victory in the long-distance classic and setting a new race record of 112.569 mph average for the event. 

One year after his LeMans victory, Mr. Shelby was forced to give up race car driving for health reasons, turning his attention to building cars - and creating what is still considered one of the fastest road cars ever, the Shelby Cobra. The 289 and 427 Cobra models and the subsequent GT 350 and GT 500 Shelby Mustangs that Mr. Shelby built for Ford made him a household name.  Mr. Shelby then built the special Cobra Daytona Coupes, which captured the FIA World Manufacturer's Championship in 1965.  The next year a Shelby-led group of Ford GT 40s beat Ferrari at LeMans, putting him back in the winner's circle, this time as a manufacturer with two consecutive victories at the famed 24-Hour classic, in 1966 and 1967. 
 
 

CONTACT

11150 W. Olympic Blvd. Suite 1050
Los Angeles, CA 90064-1817 USA
310-914-1843
jluft@shelbylicensing.com

For additional information about the company or licensing opportunities, visit www.carrollshelby.com
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