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Titan Reports Year-End Results

18 April 2000

Titan Reports Year-End Results

    PHOENIX, April 17 Titan Motorcycle Co. of America reported
1999 year-end sales of $26.9 million and losses of $8.1 million.  This
compares to 1998 sales of $27.9 million and a profit of $ 237,000.
    Keery noted that during the past 12 months, while expanding its presence
overseas, Titan launched new models, including the entry-level Phoenix(TM)
line and undertook a complete esthetic and performance upgrading of its
existing product line.  He characterized 1999 as a year of substantial
investment during which Titan incurred a number of costs in research and
development, manufacturing, and marketing infrastructure, aimed at positioning
the company for continued growth, market leadership and profitability.
    "While we are clearly disappointed with our 1999 results, we are confident
that the company is currently back on track after an extraordinarily difficult
year," said Frank Keery, CEO.  "We have just completed record first quarter
sales and expect to return to profitability in the second quarter, beginning
April 1, 2000."
    Founded in 1994, Titan Motorcycle Co. of America is a premier designer,
manufacturer and distributor of high-end, American-made, V-twin engine
motorcycles marketed under various Titan trademarks.  Titan's unique,
hand-built configurations, including the Gecko(TM), Roadrunner(TM),
Sidewinder(TM) and Phoenix(TM) represent the finest available in
custom-designed, volume-produced, performance motorcycles.  Manufactured at
the Company's corporate headquarters and manufacturing facility, and available
with a variety of customized options and designs, Titan large displacement
motorcycles are sold through a network of over 80 domestic and international
dealers.

    NOTE:  Any statements released by Titan Motorcycle Co. of America that are
forward-looking are made pursuant to the safe-harbor provisions of the Private
Securities Litigation Reform Act of 1995.  Editors and investors are cautioned
that forward-looking statements invoke risks and uncertainties that may affect
the Company's business prospects and performance.  These include economic,
competitive, governmental, technological and other factors discussed in the
statements and in the Company's filings with the Securities and Exchange
Commission.