Progress Watch Corporation - Announces the Presentation of the ´START´ Tourbillon Watch Movement at the BASELWORLD 2008 Swiss Watch Fair and during the Prestigious SIHH GENEVA Luxury Watch Show in Early April

Progress Watch Corporation (Pink Sheets:PROW), announces that
three exclusive, high-end, luxury watch brands will present highly
innovative finished watch concepts using a further development of the
Progress Watch START ´See-through Triple Axis Rotating Tourbillon´
movement at the world´s two premier watch and jeweler shows,
BASELWORLD 2008, Basel, Switzerland (the largest and most important
Swiss watch fair) and during the prestigious SIHH (Salon International
de la Haute Horlogerie) exhibition in Geneva, Switzerland (for the
most exclusive, luxury watch manufacturers).

Further versions of the Progress Watch START movement featuring
additional functions and special movement design options are presently
in final development. These expanded designs have been engineered to
satisfy different luxury watch brands´ demand for customized
movements.

The Progress Watch START tourbillon mechanism completes a full
rotation around the outer frame every 12 or 24 hours, depending on
design. The inner dial indicates minutes and makes a full rotation
every 60 minutes while moving with the entire mechanism along the
outer circle. If desired, seconds can be indicated directly on the
movement´s cage (centerpiece).

The hour pointer (shown in illustration with the red jewel - far
left), indicates the hour on the outer dial, without the need for
hands. Removing the need for hands allows the entire START mechanism
to be viewable from both sides, creating the first ´see-through´
tourbillon watch.

The precision mechanical movements are entirely manufactured in
Switzerland and meet the highest standards of the ´Haute Horlogerie´
brands.

Progress Watch Corporation (Pink Sheets:PROW) is a company
dedicated to independently provide high end, innovative, reliable,
stable, flexible and unique Swiss made mechanical watch movements to
the elite of the Swiss watch industry.

This release contains certain forward-looking statements which
involve known and unknown risks, uncertainties and other factors not
under the Company´s control which may cause actual results,
performance, achievements of the Company to be materially different
from the results, performance of expectations implied by these
forward-looking statements. These factors include, but are not limited
to, the limited liquidity and the limited operating history of the
Company.