Mizati Secured $1 Million Line of Credit

Company Moves Forward with Its RTO Brand: WHEEL LOTS

LOS ANGELES, May 2 /PRNewswire-FirstCall/ -- Mizati Luxury Alloy Wheels, Inc. , a distributor of high-quality luxury alloy wheels for passenger cars, sport utility vehicles, vans, and light trucks, announced today that is has finalized paperwork and secured its $1 million line of credit enabling the Company to move forward with its Rent-To-Own (RTO) business "Wheel Lots."

Mizati formed its wholly owned subsidiary Wheel Lots, a California based LLC, to launch its Rent-To-Own business. Mizati has also reserved the domain name www.wheellots.com to establish a strategic online presence.

"We're excited about entering the $6.7 billion RTO market. The line of credit we obtained has enabled us to execute our plans on schedule," noted CEO Hazel Chu. Wheel Lots' product offerings will be consisted of Mizati brands, including MIZATI(R), HERO(TM), ZATI(TM), as well as a wide range of other wheel brands and wheel packages that will be determined by market demands and demographics for each individual store.

The Company recently announced its plans to enter the $6.7 billion Rent-To-Own industry with corporate-owned RTO wheel and tire stores. Securing additional capital was the last step of Mizati's preliminary planning stage as it will move forward with its RTO agenda. The next step for "Wheel Lots" includes securing and preparing retail locations, permits, staffing, promotion activities and logistics. Also experiencing growth in its core business, Mizati has added additional suppliers in China to keep pace with growing demand. This infusion of capital will fund organic growth as well as assist in launching Wheel Lots.

About Mizati Luxury Alloy Wheels, Inc.

Mizati Luxury Alloy Wheels, Inc. ("Mizati") designs, markets and distributes high-quality custom alloy wheels for passenger cars, sport utility vehicles, vans and light trucks. Incorporated in 2001, the company operates from its corporate headquarters in Walnut, California. Mizati currently markets and distributes three separate and unique brands of luxury wheels, "Mizati(R)," "Hero(TM)" and "Zati(TM)," through a network of 300 dealers and distributors. Mizati has achieved an average annual revenue growth rate of 102% for the past three years.

For more information about Mizati Luxury Alloy Wheels, Inc. , visit the company website 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 MZTI Securities and Exchange Commission filings. MZTI undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.

Source: Mizati Luxury Alloy Wheels, Inc.