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Dynasty Achieves Major Milestone-Awards Contracts for LSV Body

5 October 2000

Dynasty Achieves Major Milestone-Awards Contracts for LSV Body

    KELOWNA, B.C.--Oct. 4, 2000--Dynasty Motorcar Corporation (CDNX:DYC.) is pleased to announce that it has contracted with GLT Corporation of Plessisville, Quebec (Division of ADS Inc.) to produce composite panel tooling for its Advanced Low Speed Electric Vehicle.
    "GLT was selected from a number of leading mold producers in both Canada and the United States due to their superior process knowledge, combined with their modern facilities and a reputation for quality and reliability" commented Ed Murdoch, Dynasty VP Operations. The tool package includes all Masters, Molds, Trim Jigs and Bonding Fixtures and will be completed by yearend. GLT will then produce 25 complete panel sets for a pilot production run scheduled for early 2001.
    Similarly, Dynasty has contracted with Wedco Corporation, of Boucherville Quebec to produce Masters and Rotomolds for the LSV Bumper system. Parts will be completed through first article inspection by year end and be available for the pilot run vehicles.
    Murdoch added "This on-schedule transfer of the PTC Pro/ENGINEER(tm) computer modeled design data into production ready tooling is one of the last major hurdles before the pilot production begins early next year. We are ecstatic that the Dynasty team's commitment and dedication has taken the project this far in less than one year."