CLARIFICATION

As a result of the accusations made by Mr. Guy Nègre on his website concerning the individual Miguel Celades Rex, we feel obligated to answer and clarify the reasons behind the ending of the commercial relationship between both organizations.

In relation to the “serious commercial misconducts…” that Mr. Nègre mentions, we have to explain that they are merely an excuse to justify the possible breach concerning his commitments towards Mr. Celades who has acted with the utmost honesty and dedication and with the sole intention to contribute commercial contacts.

We have to explain that, during eight years of close commercial collaboration, the investors contributed by Mr. Miguel Celades have supplied Mr. Guy Nègre with several millions in cash as reserves, generating a potential volume of business of close to a 100 million euros. One of the reasons of the mutual rescission has in fact to do with the possible breach on the part of Mr. Guy Nègre concerning his contractual agreements with Mr. Miguel Celades.

During his commercial activities Mr. Celades has taken part in the promotion of the interests of MDI with investors worldwide, public and governmental institutions, as well as television and press on a worldwide level. Therefore we think that the arguments that Mr. Guy Nègre mentions for the commercial rescission seem trivial and somewhat unfounded.

On the accusations about disloyal competition and fraud, we must clarify that the recently founded company Air Car Factories S.A., property of Mr. Miguel Celades and other shareholders is, with the help of its own engineers and in collaboration with organizations of recognized prestige, designing a new and completely distinct motor that, logically, has nothing to do with the technology of Mr. Guy Nègre, as explained on our websites motordeaire.com and theaircar.com. This being said any affirmation of fraud can be criminal and constitutes a serious fault of the truth of which the viability is being studied by our lawyers at this moment.

Concerning the use of the status of MDI on the part of Mr. Miguel Celades we must clarify that this statement is entirely untrue, since Mr. Celades has a lot of experience and contacts in the world of communication.

Neither have we tried to create confusion. On our websites we clearly explain that we are a newly founded company and we have nothing to do with MDI, nor with Mr. Guy Nègre.

Our project is open for the participation of people and organizations interested in the commercialization of ecological technologies applied to energy and transportation like many other companies on a worldwide level that, at the moment, already have air compressed motors applied in the automotive industry and are already available on the market, and are certainly not the property of Mr. Nègre.

Also, we would like to declare that, in perspective of the present behavior of Mr. Guy Nègre we are sorry to have contributed our effort, investment and illusions, as well as our portfolio of clients, some with great personal entailment and who are still waiting for the fulfillments of the agreements signed with MDI.