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Titan Motorcycle Teams With Shelby American

10 November 1998

Titan Motorcycle Teams With Shelby American

    PHOENIX, Nov. 10 -- Titan Motorcycle Co. of America
(OTC Bulletin Board: TMOT) announced today an agreement with Shelby American,
Inc., producer of the legendary Cobra Roadster, to jointly develop a limited
edition companion motorcycle to the new Series One Shelby motorcar.
    The unique, one-of-a-kind, custom designed, Titan-produced motorcycle will
sport the latest technology high-performance parameters, with design
aesthetics inspired by the new state-of-the-art Shelby Roadster.
    "The joining of the two market-leading motor vehicle companies in such an
endeavor is a real breakthrough," commented Frank Keery, Titan's CEO.  "Titan
is honored to join industry legend Carroll Shelby and his Shelby American team
in this exciting, historic project," said Keery.
    Initial production of up to 500 units of the matching serialized
motorcycles will be made available beginning in the first quarter of 1999 to
the purchasers of the companion limited edition Shelby Series One Roadster.
    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 corporate headquarters and manufacturing facility, and available
with a variety of customized options and designs, Titan large displacement
motorcycles are sold through a network of over 80 domestic and international
dealers.

    NOTE:  Any statements released by Titan Motorcycle Co. of America that are
forward-looking are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995.  Editors and investors are cautioned
that forward-looking statements invoke risk and uncertainties that may affect
the company's business prospects and performance.  These include economic,
competitive, governmental, technological and other factors discussed in the
statements and in the company's filings with the Securities and Exchange
Commission.