Titan Announces New Financing

    PHOENIX, Feb. 8 Titan Motorcycle Co. of America
(OTC Bulletin Board: TMOTQ) announced today the securing of court approval for
new debtor in possession financing of $250,000, which should become available
to the Company within the week.
    "This new $250,000 loan will allow Titan to begin the process of ramping
up production to meet the upcoming seasonal demands of our international
dealership network," said Frank Keery, CEO.  He said that he expects in the
next few weeks to further expand the Company's resource base with the
availability of a second $250,000 and, once approved by the court, securing a
larger, longer-term loan shortly thereafter to carry the company through its
successful reorganization anticipated for later this year.

    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) and Phoenix(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.

    This release contains certain forward-looking statements and information
that are based on management's beliefs, as well as assumptions made by and
information currently available to management, including management's plans
and objectives.  Such statements are subject to various risks and
uncertainties.  The Company's liquidity, capital resources, and results of
operations may be affected from time to time by a number of factors and risks,
including, but not limited to, the ability of the Company to arrange
debtor-in-possession financing; operate successfully under a Chapter 11
proceeding; obtain shipments and negotiate terms with vendors and service
providers; fund and execute a new operating plan for the Company; attract and
retain key executives and associates; meet competitive pressures which may
affect the nature and viability of the Company's business strategy; generate
cash flow; attract and retain dealers and customers; and manage its business
notwithstanding potential adverse publicity.  The Company undertakes no
obligation to publicly announce the result of any revisions to any of the
forward-looking statements contained in this release to reflect future events
or developments.