Evader Signs Agreement with Major Distributor in Argentina and Uruguay

SEATTLE--March 10, 2004--Bellevue, Washington-based Evader, Inc. (www.evader.us) (OTC:EVDR), the maker of electric high-performance vehicles powered by their leading-edge proprietary technology announced today that Naval Motor SA of Buenos Aires, Argentina has joined Evader to market all of Evader's electric motorcycle products in both Argentina and Uruguay.

"These are two very large and key markets for Evader," said Julio Almeida, President of Evader's Latin American Division. "With more than 100 dealers in their network servicing a population of over 40 million in Argentina and Uruguay, Naval Motor SA will give Evader enormous representation in these regions."

With ideal weather conditions and a population looking for affordable, quiet and environmentally friendly transportation, the South American market is ideal for all Evader products.

"We feel that in these two countries, the Evader product line can provide the population with the perfect means of inexpensive transportation," said Mr. Almeida.

About Naval Motor SA

Naval Motor SA (www.navalmotor.com) has been operating in Argentina since 1968 and has grown to encompass leading product brands from all over the world. They distribute international lines such as Polaris, Bombardier, Mercury, Sea Ray, Zodiac, Volvo Penta, Boston Whaler, Four Winns and Sealine. Naval Motor SA has developed a wide-ranging network of Dealers to provide its customers with the highest level of quality as well as service for all of its all-terrain vehicles and watercraft products.

About the company

Evader (www.evader.us) is a developer and manufacturer of advanced technology electric vehicles. Evader's all new, 4th generation proprietary technology was developed in the United States and is incorporated into all Evader products. Evader's corporate headquarters are in Bellevue, Washington with their Latin American division operating out of Coral Springs, FL.

For more information contact: latinamerica@evader.us or visit our website at www.evader.us.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements other than statements of fact, included in this release, are forward-looking statements that involve risks and uncertainties.