Recar and Vistarr sign extensive cooperation agreement

Portland, June 11, 2000 - As both companies announced today, an extensive cooperation agreement has been entered into by the automobile manufacturers Recar and Vistarr.

Recar's president, Mundt, emphasized that 'a new era of automobile production has begun. Our company is sure to profit from this new partnership. This exchange of the best technologies will result in products with a level of quality never before attained.

The 3 most important points of the agreement:

1. Exchange of technology between the partners.

2. Development of shared automobile showrooms.

3. Creation of a joint advertising concept.

Shortly after the announcement of the strategic partnership the share prices of both companies skyrocketed.

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