Newtech Brake Corp. Launches its Full Contact Disc Brake Production Model
November 04 2004 - 2:17PM
PR Newswire (US)
Newtech Brake Corp. Launches its Full Contact Disc Brake Production
Model BLAINVILLE, Quebec, Nov. 4 /PRNewswire-FirstCall/ -- Mr. Yvon
Rancourt, Chairman of NewTech Brake Corp. (OTC BB: NWTB), is
pleased to announce today the production release of its Full
Contact Disc Brake model HD-22 dedicated to rear axles for trucks
and buses and trailer applications at the Cam-Expo 2004 Show, in
Quebec City. This model is designed for the Heavy Duty Classes 7
& 8 market segment and will be produced from our brake assembly
plant in Suzhou, China. The Newtech Full Contact Disc Brake design
has integrated the complete foundation brake with internal
automatic adjustment and the parking brake system into the
wheelend. This bold departure from conventional drum and disc
brakes optimizes wheelend space and suspension clearance, provides
exceptional braking performance under all conditions, and reduces
vehicle brake system costs and total life cycle maintenance costs.
Forward-looking statements This release contains statements that
constitute forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended and Section 21E of
the Securities Act of 1934, as amended. These statements appear in
a number of places in this release and include all statements that
are not statements of historical fact regarding the intent, belief
or current expectations of the Company, its directors or its
officers with respect to, among other things: (i) the Company's
financing plans; (ii) trends affecting the Company's financial
condition or results of operations; and (iii) the Company's growth
strategy and operating strategy. The words "may", "would", "will",
expect", "estimate", "anticipate", "believe", "intend", and similar
expressions and variations thereof are intended to identify
forward- looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
Company's ability to control and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors. DATASOURCE: NEWTECH BRAKE CORP.
CONTACT: NewTech Brake Corp.: Investor relations, (450) 434-6432,
Fax: (450) 434-6078,
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