Composite Automobile Research, Ltd. Announces WTA a ``Featured Company'' Pick by Market Infocom.EL CAJON El Cajon (ĕl kähōn`), city (1990 pop. 88,693), San Diego co., S Calif.; inc. 1912. Electronic equipment, aircraft parts, irrigation equipment, furniture, and men's suits are among its manufactures. , Calif.--(BUSINESS WIRE)--June 22, 1999-- Composite Auto (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CARHF) World Transport Authority (WTA WTA Washington Trails Association WTA Women's Tennis Association WTA World Transhumanist Association WTA Willingness to Accept WTA Winner-Take-All WTA Winner Takes All WTA World Toilet Association (Singapore) ), a wholly-owned subsidiary of Composite Automobile Research (OTC BB:CARHF) has been selected as a Featured Company on the new investor information Internet site, Market Infocom (market-infocom.com.) The new site, launched June 19, identifies emerging companies that represent potentially strong investment opportunities that have been largely overlooked by major wall-street investment advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and . Market Infocom provides analyst reports, up-to-the-minute stock quotes and charts, and in-depth company research in one, easy-to-navigate Internet site. Additionally, the site features a monthly investor newsletter to bring readers up-to-date on the latest happenings of companies featured. Access to the site is free, and visitors can subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; an e-mail newsletter to receive updates and special alerts as they become available. World Transport Authority is the designer and manufacturer of the WordStar Vehicle. The vehicle, in four configurations, represents four years and $3.44-million of investment in research and development to produce a highly resilient composite automobile that can be easily manufactured using locally available labor in emerging-world nations. The vehicles are produced under distributed manufacturing licensing agreements with local entrepreneurs in the nations in which the vehicles are sold. Standardization and quality control are built-in to the "cookie-cutter" facilities delivered to site locations "ready-to-install," under the supervision of WTA engineers who train key personnel in all facets of manufacturing of the unique automobiles. The Company provides ongoing training and management information support to the local factories, and controls all inventory delivery of raw materials and component parts. The Company is strategically positioned to satisfy the rapidly emerging requirement for reliable transportation in geographic regions ignored by major auto manufactures such as Ford (NYSE NYSE See: New York Stock Exchange :F - news), Chrysler (NYSE:DCX DCX DaimlerChrysler Ag (stock symbol) DCX Dixie Chicks (American country rock band) DCX Multipage PCX (file extension/format) DCX Double Convex DCX Double Charge Exchange - news), and General Motors (NYSE:GM - news.) WTA has completed its research and development cycle and is operationally profitable entering its production and marketing stage. The Company has no debt. In addition to the feature on Market Infocom, The MacArthur Foundation MacArthur Foundation: see John D. and Catherine T. MacArthur Foundation. of Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Switzerland is expected to issue this week a special situation report on Composite Automotive Research, Ltd. and World Transport Authority. This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are based on the beliefs of the Company's management as well as on assumptions made by and information currently available to the Company at the time such statements were made. Actual results could differ materially from those included in such forward-looking statements. |
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