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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: TokyoMex who wrote (5764)6/25/1998 10:23:00 AM
From: Zakattack   of 8798
 
BAAT... News hit the wires (finally)!

biz.yahoo.com

Thursday June 25, 9:30 am Eastern Time
Company Press Release
SOURCE: BAT International
'Super Car Challenge'; The Best of Toyota vs. the Best of BAT
BURBANK, Calif., June 25 /PRNewswire/ -- BAT International (OTC Bulletin Board: BAAT - news) -- The green car that ''set Detroit on its ear'', the Toyota hybrid vehicle the ''Prius'', will be running head to head against BAT International's Supercar to compare fuel efficiency and performance. BAT International previously achieved 92.5 and 94 mpg in two separate events at California Speedway in Fontana in January and February, 1998 (see press releases 1/16/98, 2/11/98). BAT has scheduled a verifiable set of tests against the ''Prius'' on August 19th at California Speedway that will provide an accurate estimate of fuel economy and performance in typical highway driving.

When BAT first accomplished 92 mpg @ 40 mph, using a four-door production Geo Metro sedan, General Motors claimed it was ''no big deal'' in press interviews. BAT has been searching for months for one of these ''no big deal'' competitors, and noted Detroit's acknowledgement that the Toyota ''Prius'' was the best green car on the market. The Toyota ''Prius'' has estimated a fuel economy of approximately 66 mpg in city/highway driving. Unfortunately, the vehicle was back-ordered in Japan for 6 months and none are available in the U.S. Fortunately, another BAT stockholder came to the rescue and purchased a car in Japan that was delivered to BAT headquarters at the CALSTART facility just yesterday.

BAT has urged major auto companies to ''step up to the plate'' with current ''green'' car models and compare efficiency and performance. No one accepted the challenge, nor did auto company representatives accept invitations to witness the field tests. The Toyota vs. BAT event is expected to draw a large crowd of interested spectators.

To insure that the vehicles are tested under identical conditions, the cars will be run simultaneously on a two-mile oval track for 50-mile segments at constant speeds of 40, 50 and 60 mph. This will provide an accurate measurement of fuel economy at various speeds. Other field-testing will involve measuring top speed and other parameters. BAT is in the process of selecting two independent California University groups to certify the results of the field test.

Dolphin Pulse Charge technology was developed by BAT over the last several years to improve fuel economy and emissions of internal combustion engines. BAT believes it offers a viable technology for meeting U.S. and international fuel economy goals because it involves only minor adaptations to current production processes without adding significantly to costs. This contrasts sharply with the Toyota ''Prius'', which is a costly hybrid electric vehicle to manufacture. Even the National Research Council recently said that any money saved because of gains in fuel efficiency probably wouldn't offset the higher price of the car, which requires costly batteries, power conversion equipment, etc.

As a result of improvements made to Dolphin Pulse Charge technology since the last test in February, BAT believes it will exceed 100 miles per gallon @ 40 mph. By doing so, we will demonstrate that technology is available that could rapidly be incorporated into automotive production lines with little impact on manufacturing cost of vehicles. This will offer consumers in the next century a practical vehicle alternative that consumes much less petroleum and emits much lower levels of greenhouse gases believed by most scientists to cause Climate Change.

This press release contains forward-looking statements that should not be used to make an investment decision. Please refer to our web site and other sources for more detailed Company information.

SOURCE: BAT International

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