TACH Ripoff Wheels TV Names Investment Firm To Handle Financing

BOSTON Oct. 27, 2003: Wheels TV, the television network slated to launch in early 2004, has retained the investment-banking firm, Bostonia Partners LLC, to identify prospective investors for the new network, it was announced today by Jim Barisano, chairman and co-founder of Wheels TV.

Wheels TV (www.wheelstv.net) is the first television network devoted exclusively to the world's fascination with cars, trucks and motorcycles. It is a consumer-oriented network, not a motor sports channel. Wheels TV will offer original and acquired programming with a consumer-automotive focus, including magazine and lifestyle programs, documentaries, new vehicle profiles, how-to shows, safety and recall alerts, event coverage, automotive news, movies, action and comedy series.

"Launching and growing a television network takes significant capital," said Barisano, "and we selected Bostonia Partners because of their successful track record with major institutional investors and their understanding of today's digital communications marketplace."

"We are very excited about the prospects for Wheels TV," said Anita Molino, a founder and principal of Bostonia Partners. "Cars touch the lives of everyone and this new network will fill a void in the television marketplace. As an investment vehicle, there is nothing out there like Wheels TV. The network's growth prospects are enormous and its investment potential is similar to those of promising young technology companies launching consumer products into the global marketplace."

Barisano has been producing automotive programming for major television networks and the auto industry for 15 years and sees Wheels TV as an opportunity to reach a portion of the 187 million licensed U.S. drivers owning 209 million automobiles and light trucks. "This huge consumer market spends more than $700 billion a year on vehicles, aftermarket parts and auto accessories," he said. "At the center of this audience are the 27 million auto enthusiasts and 49 million auto lifestylers, or some 76 million consumers who will seek out Wheels TV."

"Although the marketplace supports more than 1,000 automotive websites and 200+ vehicle-based magazines," Barisano points out, "there has been no television network dedicated to this immense, vibrant marketplace, until now."

Moreover, Barisano said, "Today, content is king. Wheels TV is, at its core, a content creator and distributor. Its original automotive entertainment, consumer news and information will be delivered on multiple platforms, from cable and satellite to computers and PDAs."

ABOUT BOSTONIA PARTNERS

Bostonia Partners (www.bostonia.com) concentrates principally on structuring complex financing solutions for introduction into the capital markets. The firm also provides independent financial services to clients in both the public and private sectors. For Wheels TV investment inquiries, contact Anita Molino at Bostonia Partners, 617-437-0150.

ABOUT WHEELS TV

WHEELS TV is a program service of Automotive Networks LLC, a Delaware limited liability company. WHEELS TV has been developed in cooperation with Global Television Network, Ltd., producers of automotive programming for Discovery, PBS, Speedvision, Fox and Outdoor Life Networks. WHEELS TV is dedicated to celebrating the beauty, action, fun, and excitement of the world's love affair with the automobile.

Snides Remarks:

Doesn't this sound an awful lot like THE AUTO CHANNEL? For more than 13 years the confidential TACH busisness plan laid out the conversion of the TACH-TV show network pilot into The Auto Channel...get it the name says it all. This is another chapter in the ripping off of The Auto Channel...first Cox, Continental and Comcast take the TACH plan and fund SPeevision and once again Jim Barrisano and his hoard of hearty plagerists, who by the way thought that this network thing would be a good idea after they requested and recieved a business plan from TACH back in 1994, is trying to pass our plan and programming off as his...stay tuned fo another chapter in this saga.