Exhibit 99.2
                                  ------------

                      Press Release, Dated October 1, 2002
                          (Election of New Directors)






FOR IMMEDIATE RELEASE               Contact: Michael B.Perrine
                                             Chief Financial Officer
                                             (512) 347 - 8787  Ext. 119


TRAVIS BOATS ELECTS TWO NEW BOARD MEMBERS

AUSTIN,  TEXAS  (September  30, 2002) - The Board of Directors of Travis Boats &
Motors, Inc. ("Travis Boats")  (Nasdaq:TRVS) today announced the election of Mr.
James Karides,  CPA and Mr. Bob Ring to its Board of Directors.  Mr. Karides has
filled the Board position previously held by Mr. Joe Simpson.  Mr. Simpson,  who
joined the Board of Directors  as a Company  founder in 1979,  has retired.  Mr.
Karides, a graduate of the University of Virginia, is the founder of The Karides
Group, which is a Virginia Beach, Virginia based consulting firm specializing in
diverse financial and accounting matters. Prior to forming The Karides Group, he
was employed for over 10 years by KPMG in various accounting capacities.

Mr. Ring has filled the Board position  previously held by Mr. Stephen Gurasich.
Mr. Ring has been named to the Board of  Directors  pursuant to the terms of the
recently  completed $8.0 million  issuance of Series A Preferred  Stock to TMRC,
LLP.  Mr. Ring  served in numerous  capacities  during a  distinguished  32 year
career  with the  Coleman  Company.  He  retired in 1994 as  President  and COO.
Currently,  Mr. Ring serves as a consultant to various retail and other business
operations  in the areas of business  process  and  strategic  development.  His
positions  include  Director  of Bass  Pro  Shops,  which is a  rapidly  growing
retailer of sporting goods and marine products for the outdoor enthusiast.

Mark Walton,  President  and Chairman of Travis  Boats,  commented  that "We are
pleased  to  welcome  Jim and  Bob to our  Board  of  Directors.  Both of  these
individuals bring considerable expertise, wisdom and talent to our Company. They
have each welcomed their new positions  with a strong  enthusiasm and commitment
to offer their time and talents as necessary to benefit the Company".






Travis Boats & Motors,  Inc., is a leading  multi-state  superstore  retailer of
recreational  boats,  motors,  trailers and related  marine  accessories  in the
southern United States. The Company operates store locations in Texas, Arkansas,
Oklahoma, Louisiana, Alabama, Tennessee,  Mississippi, Georgia and Florida under
the    name    Travis    Boating    Center.    The    Company's    website    is
www.travisboatingcenter.com.

Cautionary  Statement  for  purposes of the Safe Harbor  Provisions  of the 1995
Private Securities  Litigation Reform Act.
     The statements in this document or in documents  incorporated  by reference
herein that are not historical facts are forward-looking statements as that term
is defined in Section 21E of the  Exchange  Act that  involve a number of risks,
assumptions  or  uncertainties.  The actual  results of the future  events could
differ  materially from those stated in such forward looking  statements.  Among
the factors that could cause actual results to differ materially are: the impact
of  seasonality  and  weather,  general  economic  conditions  and the  level of
discretionary  consumer  spending,  national or local  catastrophic  events, the
identification  of new markets and the Company's ability to integrate new stores
and personnel  into existing  operations.  These and numerous other risk factors
were  identified in the Report on Form 10-K filed for fiscal year 2001 and other
documents  filed of record.  We undertake no obligation to release any revisions
to any forward looking statements.