Newtech Requesting the Authorization to Register on American Stock Exchange (AMEX)

BLAINVILLE, QC, Jan. 13, 2004 -- Mr. Yvon Rancourt, Chairman, announced today that NewTech Brake Corp. has filed an application to be listed on the American Stock Exchange (AMEX). In the event of NewTech's application being accepted and the company being listed on AMEX, management believes that NewTech's stock will be available to a wider range of investors.

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.