The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Norton Motorcycles Announces Commencement of Litigation

24 December 1999

Norton Motorcycles Announces Commencement of Litigation
    MINNEAPOLIS, Dec. 23 --
Norton Motorcycles, Inc. (Norton or the Company) (OTC Bulletin Board: NRTN)
announced that Angel Motorcycles, Inc. has filed suit in Hennepin Count
District Court asserting that certain secured Norton debt is in default and
demanding that the underlying security be delivered to the plaintiff in the
event that the debt is not repaid.
    Angel Motorcycles, Inc. (Angel), headquartered in Minnesota, represented
that it had recently acquired certain Norton debt from NMI Investments, LLC
and from an individual.  Angel asserts that the debt is in default and that
the debt is secured by substantially all of Norton's property, including
Norton's brand name and trademarks.  Angel demands that Norton pay the sum of
$895 thousand or that Angel be awarded said property.  Norton intends to
contest Angel's assertions regarding debt default and the existence of a
security interest in Norton's property.
    Statements used in this Press Release that relate to future plans, events,
financial results or performance are all forward-looking statements as defined
under the Private Securities Litigation Reform Act of 1995.  Actual results
may differ materially from those anticipated as a result of various risks and
uncertainties, including, but not limited to:  the Company's ability to raise
short-term and long-term capital; the Company's ability to create product and
brand name awareness; the level of consumer acceptance of the Company's
products; the Company's ability to design, develop and market its products on
a cost-effective basis; economic trends; industry competition; the outcome of
existing litigation with the Company's former engineering firm; as well as
various other risks and uncertainties, including all risks associated with the
Company being a development-stage company with limited assets and no existing
revenues.  The Company has no obligation to publicly update or revise any of
the forward-looking statements that may be in this release.