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Titan Motorcycle Co. Secures $5 Million Line of Credit

20 April 1998

Titan Motorcycle Co. Secures $5 Million Line of Credit

    PHOENIX, April 20 -- Frank Keery, chief executive officer of
Titan Motorcycle Co. of America (OTC Bulletin Board: TMOT), announced today
that the company has secured a new, long-term $5 million revolving line of
credit with Wells Fargo Bank.
    According to Bob Lobban, chief financial officer, the availability of
additional funding, on very favorable terms, will facilitate Titan's continued
dramatic sales growth and product expansion plans, while enabling the company
to better manage cash flow and inventories.
    "This new relationship with a world-class banking institution represents
the achievement of yet another level of financial security for Titan.  While
in the short term we expect the line of credit to serve us well as a resource
toward solidifying supplier relationships, we also recognize the professional
association with the bank as a key building block for Titan's future," said
    Founded in 1994, Titan Motorcycle Co. of America is a premier designer,
manufacturer and distributor of high-end, American-made, V-twin engine
motorcycles marketed under various Titan trademarks.  Titan's unique, hand-
built configurations, including the Gecko(TM), Roadrunner(TM), Sidewinder(TM),
Scorpion(TM), and Coyote(TM), represent the finest available in custom-
designed, volume-produced, performance motorcycles.  Manufactured at the
company's 64,000 square-foot corporate headquarters and manufacturing
facility, and available with a variety of customized options and design
modifications, Titan large displacement motorcyles are sold through a
dealership network of 45 stocking dealers in the United States and 15
international dealers.

    NOTE:  This release contains forward-looking statements within the meaning
of the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995 that involve a wide variety of risks and uncertainties, including,
without limitation, statements with respect to the Company's strategy and
prospects.  Readers and investors are cautioned that the Company's actual
results may differ materially from those described in the forward-looking
statements due to a number of factors, including, but not limited to, demand
for the Company's custom-manufactured performance motorcycles, the Company's
ability to continue to develop select markets, the Company's ability to
maintain its line of credit,  general economic conditions both domestically
and abroad, the conduct of business by the Company in foreign markets, and
other factors that may be more fully described in additional documents set
forth by the Company.

SOURCE  Titan Motorcycle Co. of America