Major Automaker Powers WorldStar

12 April 2000

Composite Automobile Research Ltd. through it's wholly owned subsidiary, World Transport Authority Inc. (WTA) is pleased to announce that it has signed an agreement with Fiat through "Zastava Automobili," a major international distributor of Fiat's 1300 and 1400 series engines and power-trains. WTA has been granted Original Equipment Manufacturers (OEM) "Private Label" status in regards to the 1300-1400 series engine and power train, for utilization in its WorldStar(R) vehicle throughout the world. At WTA's R&D center engineers have retrofitted the engine to meet WorldStar(R) specifications, as well a special cradle specifically designed and fabricated to house the Fiat engine for the WorldStar(R). All of the aforementioned have now been thoroughly tested and are now ready for implementation for the WorldStar vehicle. Fiat is considered a principal global carmaker and has developed maintenance infrastructure throughout many parts of the world. They are known for reliable, innovative, technology derived automobiles. Fiat has a primary presence in South America where WTA is expanding rapidly through its affiliation with WorldStar Paez. Composite Automobile Research Ltd and World Transport Authority Inc., serve the emerging world's transportation needs through in-country manufacturing facilities utilizing local semi-skilled labor to produce the WorldStar(R) line of utility vehicles.

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