Mizati Appoints Frederick Croft as New COO

LOS ANGELES, June 4 /PRNewswire-FirstCall/ -- Mizati Luxury Alloy Wheels, Inc. (Other OTC: MZTI), a branded distributor of high quality luxury alloy wheels for passenger cars, sport utility vehicles, vans and light trucks, announced toady that Frederick W. Croft has joined the company as Chief Operating Officer. In this position, Mr. Croft will concentrate on strengthening the daily operations, resources and profitability of the company.

"Fred has substantial experience as an executive building sales, marketing and brand management for developing companies. He also brings skill and experience in negotiations and corporate finance management. We are excited to have someone with his exceptional talent join Mizati as our Chief Operating Officer," said Hazel Chu, Mizati's President and Chief Executive Officer.

Mr. Croft spent more than fifteen years in business-building and business optimization roles, moving from management consulting at KPMG to helping private equity groups including Fenway Partners, Platinum Equity, American Capital Strategies and others acquire companies and improve their operations. He was also a co-founder of Altamira Group, an award-winning software company, and VHP, a health plan later sold to New York Life. In the wheel industry, Mr. Croft provided consulting and management support to American Racing Enterprises and Superior Industries, helping them improve financial operations, market channels and inventory management. He has also served as a guest lecturer for the California Society of Certified Public Accountants on managing business improvement, and he has guest lectured for the University of Southern California's EC2 business technology incubator.

Mr. Croft will assist the CEO in operational and business planning, and he will direct Mizati's initiatives in the branding, marketing and distribution of our three product lines (Mizati(R), Hero(TM), and Zati(TM)), and rollout of the Rent To Own initiative. He will also be involved in establishing new alliances and corporate acquisitions, and will play an important role in the recruiting sales, finance and operations personnel.

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, and had total revenue of $4,162,754 in 2006.

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.

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