SALEEN S7 SUPERCAR TO USE NEWTECH’S HIGH-PERFORMANCE BRAKE SYSTEM AS ORIGINAL EQUIPMENT

DETROIT, March 6 /PRNewswire/ — NewTech Group International today announced that its revolutionary new full-contact brake system will be installed as original equipment on the 2002 Saleen S7 supercar, making Saleen, Inc. the brake company’s first OE customer. The system will also be available as an option on the high-performance 2002 special edition Saleen Mustangs (S281 and SR). The announcement was made at the 2001 SAE World Congress in Detroit.

The full-contact brake system, fully developed by NewTech and its French affiliates, is composed of sensors and an Intelligent Braking System (IBS) and a radically different single, circular pad that distributes pressure over the full 360-degree surface of the disc. Compared to conventional brakes that use pads to apply pressure to only a small percentage of the disc, the NewTech brake is much higher performing, virtually fade-free, costs less to install and produce and is much more durable. NewTech’s technology can even enable the automotive industry to offer lifetime warranties on the product.

Under the agreement, Saleen will handle the certification process by conducting an extensive road-testing program. NewTech, meanwhile, will continue to develop its braking system to meet the needs of its customers, to whom it sells the system under licensing agreement.

The 200+ mph Saleen S7 is the first true American supercar, a category that includes Ferrari and Lamborghini models. Saleen expects to build 400 S7 vehicles over the next four years.

More than 1,000 Saleen Mustangs were sold in 2000. The California-based manufacturer is aiming to boost its 2001 sales by 20%.

NewTech/Saleen

About NewTech:
NewTech Group International is an independent Quebec-based company offering a full range of research and development, design and full-contact brakes to the automotive and heavy truck industries. NewTech’s mission is to develop the best brake system in the world.

To this end, the company has hired 50 of the top researchers and engineers from Europe, Asia and North America. Including technicians, communication personnel and administrators, NewTech employs about 120 full-time staff.

About Saleen, Inc.
Saleen, Inc. was founded by Steve Saleen in 1983. The company, which recently marked its 18th year of operation, specializes in designing and producing high-performance sports cars. Saleen is the largest American manufacturer of specialty cars. The company’s goal is to build the highest-performing cars, at the most competitive price, in its category.

The Saleen partnership is the first automobile original equipment supply contract that NewTech has signed with a car manufacturer, and second with a vehicle manufacturer. Four months ago, NewTech signed a deal to supply Renault’s truck division with a brake system adapted to its Class 8 heavy-duty vehicles.

SOURCE: NewTech Group International