NewTech Announces Nomination of New Auditors

NewTech Announces Nomination of New Auditors 


BLAINVILLE, Qc, March 24  /PRNewswire-FirstCall/ -- Mr. Yvon Rancourt, Chairman
of NewTech Brake Corp.  is pleased to announce a change in certifying accountant
in order to comply with the American Stock Exchange (AMEX) listing
requirements.

The Board of Directors has retained the firm of Daszkal Bolton LLP, certified
public accountants, as the Company's principal independent accountants. Daszkal
Bolton LLP will audit the Company's annual consolidated financial statements and
review the Company's quarterly consolidated financial statements. In compliance
with Securities Exchange Commission (SEC) a Form 8-K is being filed to that
effect.

The Board of Directors also approved corporate governance Charters in accordance
with AMEX listing standards.

  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,

[phone], Fax: [phone], 

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