Esarati Electric Technologies Corporation Introduces Its Year 2001 Models of Patented Revolutionary Electric Motorbikes

    BELLEVUE, Wash.--Aug. 15, 2000--Esarati (OTC:EETC) today announced the introduction of its full line of year 2001 electric-powered motorbikes to industrial and consumer markets worldwide.
    The Esarati motorbike is a revolutionary motorized vehicle and should gain acceptance among consumers looking for an environmentally friendly, cost-effective and convenient means of transportation.
    "Our new Esarati electric motorbikes offer people a great way to get around town. They are affordable, easy to maintain, and they look great," said Esarati Vice President of Business Management Dennis Olsen, former Business Manager of Westinghouse Naval Systems Cleveland.
    The launch of the Esarati line involves three models: The Esarati 200, a one passenger model with a top speed of up to 30mph; the Esarati 300, a two passenger model with a top speed of up to 50mph; and the Esarati 400, designed for specialized overseas markets, carries two adults and two children, and has a top speed of up to 60 mph.
    All three models operate silently, produce no noise or air pollution, and require almost no maintenance. The absence of a gearbox and clutch make them easy to operate, ideal for inner city and urban use. The auxiliary battery pack gives the 300 and 400 models a range of almost 150 miles on a single charge and the revolutionary electric motor produces amazing power and performance.
    The first models of the 200 and 300 will be rolling off the assembly line near Cleveland, Ohio, within 90 days. The company's sales and corporate offices are located in Bellevue, Wash., and its manufacturing plant is located in Mentor, Ohio.

    About Esarati Electric Technologies Corporation

    Esarati Electric Technologies Corporation is a Bellevue, Wash., based developer and manufacturer of revolutionary electric vehicles. ESARATI engineers and manufactures the most affordable, high-performance, two-wheel electric vehicles available. Esarati's corporate headquarters are in Bellevue, Washington and its manufacturing facilities are located in Mentor, Ohio. For more information on Esarati products, go to www.esarati.com. For more information on the Esarati Corporation contact our Corporate offices at the following address:

    Esarati Electric Technologies Corp.
    10900 NE 8th Avenue, Suite 900
    Bellevue, WA 98004
    Tel: 877/843-1989
    FAX: 425/990-4541
    Investor relations: Roger Kelly, 206/696-0966
    Internet: info@esarati.com

    This release contains forward-looking statements that involve risks and uncertainties.
    These statements may differ materially from actual future events or results. Readers are cautioned to understand that important risk factors could cause actual results to differ from those assumed or anticipated in the forward-looking statements. These risk factors include potential fluctuations in quarterly results and demands for products and services, dependence on new product development, rapid technological and market change, financial risk management, and future growth risks. These cautionary statements should be considered in connection with any subsequent written or oral forward-looking statements issued by Esarati or persons acting on its behalf. Esarati undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.