Composite Automobile Research Ltd - WTA Asian Appointment

30 May 2000

Composite Automobile Research Ltd announced that John Tidy has been appointed to the position of Vice-President Asian Operations, and that it has entered into a Letter of Agreement with SIGWA Motors of Lagos, Nigeria regarding the purchase of the Master License for the country of Nigeria. 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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