Preparations Underway for SEC Filing and AMEX Application

BELLEVUE, Wash.--Oct. 8, 2004--Bellevue-Washington based Evader, Inc (www.evader.us.) (NASD.OTC:EVDR), the maker of electric high-performance vehicles powered by their leading-edge proprietary technology announced that the Seattle firm of Peterson Sullivan has been retained to conduct the audit of the company's financial statements in preparation for Evader's pending application to the SEC and ultimate listing on the American Stock Exchange.

Much of the internal financial work has been completed. Peterson Sullivan has begun the work which should take a number of weeks to complete. Once that is handled, the application to trade on the American Stock Exchange will be filed.

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 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.