Laforza Automobiles, Inc. Signs Second Franchise and Dealers Agreement
4 December 1997
Laforza Automobiles, Inc. Signs Second Franchise and Dealers Agreement`Ultimate Motor Works, Inc. on Board for 1998' SAN DIEGO, Dec. 4 -- Laforza Automobiles, Inc. (OTC Bulletin Board: LFZA) announced today that they have recently signed the second Franchise Agreement for the new, 1998 model Laforza Sport Utility Vehicle (SUV). Under the terms of this Agreement, Ultimate Motor Works, Inc. has secured the exclusive rights to market the 1998 model Laforza SUV in the designated Florida area. The Agreement requires that Ultimate Motor Works, Inc. commit to sell two (2) Laforza automobiles per month during 1998 and to keep at least one (1) vehicle in their showroom at all times. Additionally, they have agreed to provide a $100,000 revolving line of credit to purchase the vehicles. Ultimate Motor Works, Inc., an upscale Lamborghini auto dealership, is located at 895 North County Road, 427, in Longwood, Florida. President Peter Cohen has experience in the marketing, distribution, and servicing of upscale automobiles, like Laforza. Laforza sales manager Trevor Haywood commented, "The Company (Laforza) is pleased to have a dealership like Ultimate Motor Works, Inc. on our team. Their reputation is held in the highest regards and their superior facility is exactly what we want to have promoting the Laforza name." It is anticipated that the Company will enter into similar agreements with an additional two (2) additional dealers across the U.S. over the next sixty (60) days. The LAFORZA Sport Utility Vehicle (SUV) is an upscale, luxurious 4 X 4 automobile whose rolling chassis' are imported directly to the Company from the Italian manufacturer, Magnum Industriale. Laforza Automobiles, Inc. is a publicly traded company (Symbol "LFZA") that has the exclusive distribution and marketing rights to the LAFORZA SUV throughout North America. To find out more about this emerging company, please visit their web site at http://www.laforza.com. SOURCE Laforza Automobiles, Inc.