Mizati Announces Q1 Financial Results for 2007, Revenue up 32% Compared to Q1 2006

LOS ANGELES, June 27 -- Mizati Luxury Alloy Wheels, Inc. , a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans and light trucks, today reported its unaudited financial results for the quarter ended March 31, 2007.

For the quarter ended March 31, 2007, Mizati's revenues were $1.73 million, an increase of 32% compared to revenues of $1.31 million for the quarter ended March 31, 2006. Operating Income for the first quarter of 2007 was $354,183, an increase of 48% from $239,603 for the quarter ended March 31, 2006. The Company's pre-tax net income for Q1, 2007 was $87,688 compared to $85,843 in Q1 of 2006, an increase of 2%. The first quarter revenue increase can be attributed to an increase in our number of distributors and dealers across the U.S., as well as greater brand recognition, and stronger sales.

Mizati CEO Hazel Chu said, "I am excited about our first quarter results. We have continued to grow our core business by expanding the customer account base and also by introducing fresh new wheel designs. This record first quarter is a nice compliment to the anticipated launch of our Rent-To-Own business unit that is expected to be off the ground during the second quarter of this year."

Mizati is releasing its unaudited financial performance for the quarter ended March 31, 2007 as part of the company's commitment to provide transparency for all shareholders. "We are dedicated to working openly with our shareholders and we will continue building this company into an industry leader," added Chu.

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About Mizati Luxury Alloy Wheels, Inc.

Mizati Luxury Alloy Wheels, Inc. ("Mizati") designs, markets and distributes high-quality custom alloy wheels for passenger cars, sport utility vehicles, vans and light trucks. Incorporated in 2001, the company operates from its corporate headquarters in Walnut, California. Mizati currently markets and distributes three separate and unique brands of luxury wheels, "Mizati(R)," "Hero(TM)" and "Zati(TM)," through a network of 300 dealers and distributors. Mizati has achieved an average annual revenue growth rate of 102% for the past three years.

For more information about Mizati Luxury Alloy Wheels, Inc. , visit the company website at http://www.mizatiwheels.com/.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in MZTI Securities and Exchange Commission filings. MZTI undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.