Mach One Corporation: Company Announces Negotiations For Worldwide Rights.

Business Editors/High-Tech Writers

LAS VEGAS--(BUSINESS WIRE)--May 13, 2003

Weymann Cheng, President, announces that Mach One Corporation ("Mach One") has entered into advanced negotiations to acquire the world-wide, private label marketing rights to distribute and sell Plasma TV's being produced by a leading electronics manufacturing company with facilities in both Taiwan and Mainland China.

For the past five years the company has been manufacturing 3 sizes of high quality Plasma TVs. Offering models of 42", 46" and 50" screens, the company produces leading edge, high quality Plasma screen TVs that compare favorably with hi-end models manufactured by Sony and Panasonic. Since the global market for these previously "specialty items" is still in its infancy, there are only a very few models currently being manufactured, however, with the advent of high-definition television (HDTV) and increasing picture quality offered by newer technologies, manufacturers are continually developing superior means of presenting the picture image. This is evidenced by the recent market phenomenon where DVD disks and players have significantly eroded and in many instances overtaken the market for VHS tapes and VCRs. Indeed, it is widely predicted that recordable DVDs will spell the end of the VHS technology in the very near future. The rapid changes being brought about by increased technological capabilities ensure that a much wider product line will be introduced in the Plasma screen market.

Mr. Cheng remarked, "The significant price reductions in the retail cost of plasma TVs over the past decade has now made these an attainable and highly desirable consumer product. No longer are they unrealistic $40,000 products, but are now priced competitively with other high-end televisions". He went on to say, "Further, the enhanced resolution, wider viewing angle, incredibly slim and significantly more aesthetically appealing shape and size of the plasma TVs make them a very desirable consumer item. Additionally, the flat-panel design allows sizes ranging up to fifty inches of screen size without the necessary bulk of typical tube or projection TVs. The smaller footprint and the ability to hang the units on the wall or suspend them or otherwise place them in a variety of previously inaccessible positions will further enhance demand."

Worldwide demand for plasma TVs is growing rapidly. From only 250,000 Units sold in 2001 the market has increased by 10 times the amount in only two years. One of the major manufacturers of Plasma displays is Fujitsu Hitachi Plasma Display Ltd. (FHPD), a joint venture founded by Fujitsu Ltd. and Hitachi Ltd. and subsequently joined by Sony Corp. FHPD estimates the global plasma display market this year will exceed 2,500,000 units, two thirds of which will be TV sets. As prices continue to decline demand will continue to escalate.

Mach One expects to announce the successful completion of the negotiations in the very near future. Further, management is very confident that in addition to negotiating worldwide distribution rights, they will be successful in being able to negotiate a price per unit that will allow the company to be very competitive in a rapidly developing market.

Cautionary Statement: This news release may include certain "Forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act, as amended. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. This notice expressly qualifies all forward-looking statements in this release.