Newtech Introduces its Industrial Brake to the Public at the Expocam Exhibition

BLAINVILLE, Quebec, Oct. 27, 2003 -- NewTech Brake Corp.

is announcing the introduction last weekend of its production model, the Full Contact Heavy Duty Disc Brake, during the Expocam 2003 in Montreal, Quebec. The brake is designed to extend the operating life over current drum brake equipment. The brake features internal automatic adjustment, integral in-wheel parking and 360(degrees) annular pad assembly for easier servicing. Also, the brake can be retrofitted to current class 8 vehicles.

Expocam 2003 is one of the most important exposition concerning trucks, trailers, equipment, products, technology and services in Canada. Expocam attracts qualified industry buyers and decision makers including fleet managers and owner/operators.

About NewTech Brake Corp.

The mission of NewTech Brake Corp. is to provide an advanced generation of safer, more efficient and cost-effective full contact disc brakes and related components to the global heavy vehicle market.

Forward-looking statements

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may", "would", "will", expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.