Mizati Luxury Alloy Wheels Inc. (fka MZTAQ)

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Mizati's Sales Increase During First Quarter
May 4, 2009 5:30:00 AM


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View Additional ProfilesLOS ANGELES, CA -- (MARKET WIRE) -- 05/04/09 -- Mizati Luxury Alloy Wheels, Inc. (PINKSHEETS: MZTA), an importer and wholesaler of luxury alloy wheels, announced today the company boasted positive differences during the first quarter of 2009.

Mizati's first quarter of 2009 saw a 55% increase in sales when compared to the 4th quarter of 2008. Whereas the operating expenses shrunk by 50% from the 4th quarter of 2008.

"Mizati has made drastic changes to weather this recession," says CEO Hazel Chu. "We are employing ways to promote a more cost effective operation; fixed overhead expenses have been cut, hard negotiation with vendors for better terms and pricing, as well as salary deferment for me. We have been fortunate to be able to cut costs without compromising the quality of our wheels or our customer services."

"Mizati is taking proper measures during these turbulent economic times to ensure sustainability. We have the right people, the right business plan, and the right tools. We are setting ourselves up to become a front runner in the aftermarket wheel industry," noted CEO Hazel Chu.

For more information about Mizati Luxury Alloy Wheels, Inc. (PINKSHEETS: MZTA), visit the Company Web site at http://www.mizatiwheels.com.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in MZTA Securities and Exchange Commission filings. MZTA undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.

Contact:
Mizati Luxury Alloy Wheels, Inc.
David P. Haithcox
[phone]

Kings Investor Relations
David Nava
[phone] ext. 2