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Laforza Automobiles, Inc. Secures $600,000 in Private Funding for Major Asset Acquisition

20 March 1998

Laforza Automobiles, Inc. Secures $600,000 in Private Funding for Major Asset Acquisition

        `Company To Finalize Purchase Of Remaining 1989-90 Inventory'

    SAN DIEGO, March 20 -- Laforza Automobiles, Inc.
(OTC Bulletin Board: LFZA) announced today that they have secured $600,000 in
funding to finalize the purchase of all remaining inventory from the 1989-90
Model Year Laforza SUV's, currently being stored in a Detroit warehouse.  The
Company values the assets purchased at over $1.5 Million once all vehicles are
assembled and sold.
    In November 1997, the Company came to an agreement with Badrahn
Enterprises to purchase the remaining 1989-90 Laforza vehicles for 500,000
cash and agreed to pay $10,000 per month for the cost of storage in the
warehouse.  The Company immediately put down a cash deposit of $130,000 and
took delivery of nine (9) vehicles.  This funding allows the Company to
complete the purchase and begin making arrangements for the inventory to be
shipped to their new 62,000 sq. ft. assembly plant in Escondido, California.
    Included in this purchase are over ninety (90) Laforza rolling chassis'
and one hundred twenty-five (125), '1989' Ford engines.  Also included are
over 100,000 various spare parts for the upscale, Italian-made SUV's.  Quite a
few of the vehicles are almost completely intact and ready for immediate sale,
while others will need to have the engines installed and other minor
adjustments.  None of these vehicles has ever been sold or driven.
    This very unique situation allows the Company to meet the worldwide demand
for this upscale SUV.  The Company is in negotiations with several dealers in
foreign countries to export these vehicles.
    To find out more about this exciting growth Company, please visit their
web site at http://www.laforza.com.

SOURCE  Laforza Automobiles, Inc.