SOURCE: Speedteq-Ti, Inc.

August 22, 2005 08:30 ET

Speedteq-Ti Advances Further With New Contracts From Weld Wheel Industries

PHOENIX, AZ -- (MARKET WIRE) -- August 22, 2005 -- Speedteq-Ti, Inc. (OTC: SDTQ), a manufacturer of high-strength, affordable Titanium fasteners for the motorcycle, automotive and marine after-market, announced recently that Weld Racing has awarded Speedteq-Ti several new contracts to produce component pieces for its 2006/7 Motorsports product line that will allow the brand to remain the industry leader in product and technology innovation in the racing wheel market.

More detail has been released today about the July 18th contract and vendor selection that were awarded from the automotive giant Weld Wheels. Weld Racing Motorsports (Racing) wheel division has formally selected Speedteq-Ti to exclusively provide them the Titanium technology and affordable Speedteq-Ti fastener products for its entire Racing Wheel product line for the coming years. Speedteq-Ti will go beyond its research & development and testing phases with this client to "invoices" that should record 350-400k+ for first quarter '07 with their initial shipments. "We have been product testing for well over a year with them and have scheduled many thousands of lbs. of Titanium production for the next (12) twelve months for these first awarded contracts," states Bradley Miller company founder and CEO. "We also are in development of a number of other products from our newest alloy Ti200 for the SUV & Luxury car wheel line and should see even more contracts awarded as a result of these develops in the coming months to further our sales with this automotive leader. These orders are significant for getting our brand and Titanium's in the marketplace and by aligning ourselves with industry leaders such as Weld Wheels in quality and reputation." Additional news in the coming weeks with other familiar name brands that will be using our Titanium products as a "standard" or "required construction" as stated from Taylor Weld V.P. Manufacturing of Weld Industries will soon be released.

About Weld Wheel Industries

Weld Wheel Industries is a world leader in forged wheel technology. Weld Wheel Industries has been committed to producing cutting-edge forged alloy wheels of the highest quality to enhance the performance and appearance of race cars, off-road trucks, luxury pickups, SUVs, premium motor cars, customs, hot rods, and motorcycles. www.weldracing.com

About Speedteq-Ti

Speedteq-Ti is a manufacturer of high-strength, affordable titanium fasteners. Speedteq-Ti's fasteners, which include bolts, nuts, socket caps, studs and washers are made in America. The company has offices and a manufacturing facility in the metropolitan Phoenix, Arizona area. For more information on Speedteq products and services, visit their website: www.speedteq.com

Special Note Regarding Forward-Looking Statements:

Forward-looking statements in this news release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release that are not strictly historical statements, including without limitation, management's plans and objectives for future operations and management's assessment of market factors and statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to a number of risks and uncertainties.

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