Laforza Automobiles Signs 4th Franchise and Dealers Agreement
9 September 1998
Laforza Automobiles, Inc. Signs Fourth Franchise and Dealers Agreement `Fox Valley Motors of Chicago on Board for 1998'SAN DIEGO, Sept. 9 -- Laforza Automobiles, Inc. (OTC Bulletin Board: LFZA) announced today that they have recently signed another Franchise Agreement for the new, 1998 model Laforza Sport Utility Vehicle (SUV). Under the terms of this Agreement, Fox Valley Motors has secured the exclusive rights to market the 1998 model Laforza SUV in the Chicago area. The Agreement requires that Fox Valley Motors purchase a minimum of 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. Fox Valley Motors, an upscale Lamborghini-Lotus dealership is located at 27 West 333 North Ave., West Chicago, Illinois. President Bill Nuccio has experience in the marketing, distribution, and servicing of upscale automobiles, like Laforza. Laforza's Corporate Sales Manager, Trevor Haywood commented, "We are proud to have such an outstanding dealership as Fox Valley Motors on our team. Their reputation speaks for itself and they are indicative of the type of facility that we want carrying the Laforza name. The Company has entered into similar agreements with additional Lamborghini dealers across the U.S. 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. CONTACT: Jeff Chatfield for Laforza Automobiles, Inc., 888-282-6255.