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Laforza Automobiles Inc. Announces Two-For-One Forward Stock Split

22 March 1999

Laforza Automobiles Inc. Announces Two-For-One Forward Stock Split

    SAN DIEGO--March 19, 1999--Laforza Automobiles Inc., a Nevada corporation which manufactures luxury sports utility vehicles, today announced that its board of directors has approved a two-for-one forward stock split.
    The company currently trades its common shares on the OTC Bulletin Board under the symbol "LFZA". This two-for-one forward split is a material development which affects the rights and privileges of those investors who may elect to purchase common shares over the OTC Bulletin Board.
    As a result of the forward split, stockholders of record as of March 16, 1999 shall receive one additional share for each share of the company they presently own. The forward split shall become reflected on the OTC Bulletin Board on April 12, 1999.
    Note: News releases and other information on LAFORZA AUTOMOBILES, INC. can be accessed at http://www.laforza.com on the Internet.

    The foregoing press release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this press release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.