SOURCE: Heritage First Capital

October 25, 2007 07:30 ET

Micro Cap Money Index Lists Mizati Luxury Alloy Wheels

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Heritage First Capital & Equity Research Group.

ORLANDO, FL--(Marketwire - October 25, 2007) - Heritage First Capital & Equity Research Group (HFC), a financial relations and research & data publisher, is pleased to announce the addition of Mizati Luxury Alloy Wheels, Inc. (PINKSHEETS: MZTI) to their Microcap Money Index of profiled companies.

Mizati is the only specialty automotive equipment company within the 'Auto Parts' sector listing under the Microcap Money Index designation at (or

Mizati Luxury Alloy Wheels, Inc. (PINKSHEETS: MZTI) designs, markets, and distributes custom alloy wheels for passenger cars, sport utility vehicles, vans, and light trucks. From their corporate headquarters in Walnut, California, Mizati currently markets and distributes three separate and unique brands of luxury wheels, Mizati®, Hero™ and Zati™, through a network of 425 dealers and distributors throughout North America.

Mizati has achieved an average annual revenue growth rate of 102% for the past three years.

The following financial and corporate growth highlights have also prompted coverage for Mizati Luxury Alloy Wheels on (

--  Strong annual revenue growth with $4.2 million in fiscal 2006 (ending
    12/31), up from $3.1 million in fiscal 2005.
--  Quarterly revenues increased by 34% to $1.6 million in Q2 2007 from $1.2
    million in Q2 2006. (as the # of dealers & distributors more than doubled)
--  Gross margins increased to 11.6% in the 2nd quarter compared to 9% in
    the corresponding quarter in 2006.
--  Triples the size of their operational infrastructure with the purchase
    of a 16,000 square foot warehouse for $2.75 million.
--  2005 and 2006 net earnings of $100,885 and $41,745, respectively.
--  MZTI expanded into the Rent-To-Own (RTO) segment with the opening of
    their first 3,000 square-foot Wheel Lots store in Upland, CA in July 2007.
--  MZTI successfully expanded into the international market by preselling
    orders to its distributor in Mexico (representing over 7,000 dealers).
--  New Private Label and organic sales initiatives have already secured $4
    million in orders for FY 2008.
A Mizati Wheels profile is instantly available at Triple Crown (

About Heritage First Capital & Equity Research Group (HFC)

As a smartsource funding agency for both the private and OTC markets, Heritage First has also built a loyal opt-in, subscriber-based following for their investor publications, including; the free Smallcap Brief newsletter, ( and ( HFC's websites are recognized for their in-depth profiles on smaller cap companies and also provide comprehensive market data for individual investors and financial professionals at no cost.

This release contains certain "forward-looking statements" relating to Mizati Wheels, and any statements may or may not reflect the views of Mizati with respect to future events, which are subject to certain risks, uncertainties and assumptions. When used, the words "estimate," "expect," "anticipate," "believe" and other similar expressions are intended to identify such forward-looking statements. There are many factors that could cause the actual results, performance or achievements of Mizati to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Heritage First Capital & Equity Research Group has been paid a fee by Mizati Luxury Alloy Wheels, Inc. and/or an interested third party. Full disclosure terms are posted within the company's profile on and HFC Research Group is not a registered investment adviser or a broker/dealer and makes no recommendation that the purchase of securities of companies profiled in this release is suitable or advisable for any person, or that an investment of such securities will be profitable. In general, given the nature of the company featured and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

Contact Information

  • HFC Equity Research Group
    Scott Gibson
    Email Contact

    Mizati Luxury Alloy Wheels, Inc.
    Grace C. Wang
    VP Investor Relations
    Tel. # 909.612.8700 (ext.119)
    Email Contact