PAAT Retains the Services of an Investor Relations Firm

    CALGARY, Alberta--Jan. 25, 2001--PanAmerican Automotive Corp. (OTCBB:PAAT) is pleased to announce that it has retained the services of Renmark Financial Communications.
    "Renmark" is a renowned full service investor relations (IR) firm based in Montreal (Canada).
    "We are very pleased to have retained the services of Renmark Financial Communications. We believe that Renmark's professional team has extensive experience that will provide PanAmerican Automotive Corporation with the required investor relations and corporate communications program required to maximize our visibility within the financial community," said Daniel S. Peterson, president of PanAmerican Automotive Corp.

    About PanAmerican Automotive Corp.

    The company has purchased Master Licenses from World Transport Authority Inc. for three geographical regions: Central America, Caribbean and all of Mexico.
    Central America includes the countries of: Costa Rica, Nicaragua, Honduras, Guatemala, San Salvador and Belize.
    The Caribbean region includes the countries of: Antigua, Bermuda, Bahamas, Barbados, Dominique, Grenada, Haiti, Jamaica, Monserrat, St. Kits & Nevis, Saint Lucia, Saint Vincent & Grenadines, Surinam, Trinidad, Tobago and the Dominican Republic.
    PanAmerican, working closely with World Transport Authority Inc. has begun to market the WorldStar vehicle and its unique micro-manufacturing process throughout its acquired territories.

    This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such sections 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision.