XCORP ANNOUNCES URBAN TRANSPORTER CONCEPT VEHICLE FOR CALIFORNIA MARKET

MALBU, CA. Over the past century California has enjoyed unprecedented growth 
in both population and economy. Now at the beginning of the new millennium 
the citizens of cities like San Diego, Los Angeles and San Francisco are 
taking a closer look at the quality of urban life and particularly the 
enormous impact automobiles have on it. Heavy traffic and its noise and 
pollution intrude upon all elements of their lives. A new formula for 
mobility is needed - one that is far more energy efficient, sustainable and 
ultra-clean. XCORP, a California based firm, has developed just such a 
formula named "FX". It is based on thinking smaller - smaller car, less 
energy, less emissions, smaller factory, less parts, less waste stream and 
less cost. The FX vehicle encompasses not only a new type of urban mobility 
product, but also the application of new materials, structures, 
manufacturing, management and distribution systems derived from the 
thirty-year revolution in space technology developed mostly inside 
California. The two-seater FX is 134 inches in length and 72 inches in width 
with an estimated curb weight of 1300 lbs. Its one-piece chassis/body is 
composed of Ematerial, XCORP's patented  Poly-Metal-Matrix Composite (PMMC), 
which combines aluminum's high strength-to-weight characteristics and 
plastic's low cost moldability. For safety, the entire front section of the 
car is dedicated to crash energy management. The FX has no hydraulic system - 
it uses a 42-volt electric-intensive drivetrain, controls, and braking 
system. It is designed for the fast arriving family of advanced powerplants 
(hybrid-electric, fuel cell, microturbine and others). The driver-machine 
interface is maximized with a steering wheel mounted control cluster, head-up 
display and keyless ignition. The FX is an excellent choice for the urban 
dweller, housewife, commuter, student and weekend fun driver. The FX utilizes 
XCORP's patented Factory-in-a-Box (FAB) manufacturing system, a highly 
conformable automotive packaging and assembly technology utilizing modular, 
self?assembly and advanced polymer molding technologies.  FAB uses fewer 
parts, less labor, fewer production steps and consumes less energy. It is 
designed to bring automotive manufacturing to California along with a large 
number of jobs.  FAB is designed to be linked directly to a Build-To-Order 
(BTO) sales and distribution system. BTO promises to eliminate the vast size 
of dealer inventory thus cutting manufacturer and dealer risk, overall 
pollution and the final price tag to the consumer. The FX is an entirely new 
operating system for mobility - it has the potential to change California and 
its relationship to the automobile. The FX can be configured into an 
affordable urban vehicle that will meet the new CARB mandate recently signed 
by California Governor Gray Davis. XCORP is currently raising the necessary 
funds to expand the FX project. END

CONTACT:XCORP, Ph: 310-456-8112, Fax: 310-456-1928, Website: xcorp.com