Apache Motor Corp.
OTC Bulletin Board : AHMR

October 28, 2005 13:46 ET

Apache Motors Acquires Parker Automotive Group International

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 28, 2005) - Apache Motors Corporation (OTCBB:AHMR) has acquired Parker Automotive Group International, Inc. ("Parker") through a Voluntary Share Exchange.

Apache acquired 100% of Parker's shares in the Share Exchange. Parker Automotive Group International is a Nevada corporation that was formed in July 2005 to focus on the fast growing international automotive market. Parker's business concentration is the sale of cars, taxis, and buses, automotive transportation management systems; building and management of automotive assembly plants; and the development of hybrid and electric drive trains.

Under the terms of the acquisition, Parker's Chairman and CEO, Joseph W Parker, will serve as Chairman and President of Apache. Daniel C. Goldman, a former Director of Apache and current CFO of Parker, will serve as the CFO of Apache. Other officers from Parker will also assume duties within Apache.

Jim Buck, President of Parker, is enthusiastic about the acquisition. "We look forward to working within Apache Motors. Our management, business partners, and associates are supportive and excited about the move."

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Securities Exchange Commission.

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