WorldStar to Participate in International Plastic Car Body Conference
SANTEE, Calif.--April 24, 2001--World Transport Authority, Inc. (OTCBB:WTAI)(Frankfurt:920943) announced today that its WorldStar vehicle with its advanced technology was selected as one of only seven car bodies from Europe and the USA to be displayed at the 4th European Automobile Conference entitled Plastic Car Bodies, Today and Tomorrow.The conference is scheduled for June 11-12, 2001 in Bad Nauheim/Frankfurt, Germany, and is hosted by the International Group of Experts Plastic Car Body.
Once thought of as a futuristic goal, plastic lightweight vehicle bodies are becoming a reality. In this conference, different manufacturers have set-out to prove that plastic materials can be used cost effectively in automatic serial production of vehicle designs and that semi-finished products made of similar materials and manufacturing technology are available in a form suitable for automobile construction. Even in structural frame components, fibre-reinforced plastic materials are beginning to compete with steel and aluminum. The WorldStar is the only vehicle of the seven to be displayed at the conference that is constructed entirely of composite materials.
The conference focuses on plastic car bodies intended for international mass production; the most recent studies, developments of plastic structures, complete modules and subassemblies, and all issues connected with development and application potentials, process engineering, production, cost and quality.
Other models on display are the Ford "Think," the Ligier "Nova" and "Due," the Aston Martin "Vanquish," the Horlacher modular concept, the "Avantime" made by SMC, and the Peugeot "307."
The founders of WTA identified the need for an inexpensive, rugged utility vehicle for developing nations around the world. To meet this need, WTA has designed a vehicle it believes to be capable of the same favorable economic impact on developing nations as the Ford Model T had in the United States and the Volkswagen Beetle had in Europe.
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the new WTA Web site at: www.wtaiworldstar.com and other sources for more detailed information. Investor Relations for WTA can be reached at: 619/258-2858.
APPLICATIONS TO: Technik + Kommunikation Verlags GmbH Automotive Circle International-Conferences Ritterfelddamm 82 h + I, 14089 Berlin Phone: 030/365 36 40, Telefax: 030/365 88 40 e-mail: tuk-verlag@t.online.de Internet: www.tuk-verlag.de