Debenture and Issuance for NewTech Brake Corp. BLAINVILLE, Quebec, April 1 /PRNewswire-FirstCall/ -- NewTech Brake Corp. (OTC:BBOTC::OTC:NWTB) : On March 29, 2005, the Board of Directors approved the issuance of a 5 years convertible debenture of US$22,000,000 divided into two blocks of US$10M and US$12M respectively and the issuance of 3,947,368 shares (restricted) of its common stock for the amount of US$3M; to this effect, the Company entered into a Commitment Letter with an Investor. The final closing for the first block of Class A Debenture for an amount of US$10M and the Stock issue for US$3M is expected within six weeks. Mr. Yvon Rancourt, Chairman & CEO stated: "This will bring to NewTech the capital needed to initiate the production of the NewTech heavy duty brake in our plant located in Suzhou, China and its market distribution." For further information, please refer to Form 8K filed this day, by the company, with the Securities Exchange Commission at the following address: http://www.sec.gov/edgar/searchedgar/companysearch.html Forward-looking statements. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; and (iii) the Company's growth strategy and operating strategy. The words "may", "would", "will", expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. DATASOURCE: NEWTECH BRAKE CORP. CONTACT: NewTech Brake Corp.: Investors relation, (450) 434-6432, Fax: (450) 434-6078,

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