American Quantum Cycles Establishes Co-Marketing Relationship With Decoma International, Inc.

MELBOURNE, Fla.--(BUSINESS WIRE)--Nov. 10, 1999--

American Quantum Cycles Inc. (AMEX: AFV), today announced that it is working with Decoma International of Troy, Michigan.

Decoma is a leading OE exterior automotive manufacturing company. Working with American Quantum Cycles, Decoma has matched AFV's heavyweight cruiser motorcycle with its GMC's GMT 800 truck. The GMT 800 is a four-wheel drive, short bed truck featuring GMC's Vortex V-8 engine. AFV has produced a custom-painted motorcycle using the GMT 800 color options and was featured in the Avery Dennison booth at the annual SEMA (Specialty Equipment Marketing Association) Show in Las Vegas, this past weekend.

Avery Dennison (NYSE: AVY), is a multi-billion dollar Fortune 500 company whose pressure-sensitive technology is used in a wide range of products for consumer and industrial markets. These include Avery-brand office automated products, Fasson-brand self-adhesive materials, peel-and-stick postage stamps, battery labels, automated retail tags and labeling systems, and specialty tapes and chemicals.

The SEMA show is consumer oriented and focuses on leisure and work technology/vehicles and drew over 175,000. The SEMA show is the first of a number of shows and events in which AFV's Liberty Cruiser will be matched and co-marketed with Decoma's GMC truck in the coming twelve months.

Bob Fehan, Decoma's Director for Advanced Marketing, stated " it is a special pleasure to be representing American Quantum Cycles, their product is American-made, stylish and they lead their market segment in performance and out-of-the-factory customization. This is exactly the type of product for which the buyers of the leading American-made trucks and sports utility vehicles (SUV) are looking."

Rich Hagen, AFV's Chairman and CEO stated "I am very pleased with our contract with Decoma and very proud to be a co-marketing partner. Our co-marketing relationship with Decoma is a testimony to the quality, styling and performance of our American-made, motorcycles."

About American Quantum Cycles

American Quantum Cycles manufactures American-made, high performance, custom-made, cruisers and touring style motorcycles with state-of-the-art engines utilizing a patented four-valve head for greater power and lower pollutant emissions. Using a PC-based kiosk Intranet/Extranet system installed in dealer showrooms, customers can select a precise motorcycle design with options tailored to their requirements. For more information visit the Company's Web site at www.quantumcycle.com.

This release contains forward-looking statements that are subject to risks and uncertainties. Although American Quantum Cycles believes that the expectations reflected in its forward looking statements are reasonable, actual results could differ materially from those expectations. Important cautionary statements and risk factors that would affect actual results are discussed in materials filed by American Quantum Cycles with the Securities and Exchange Commission.