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All Press Releases for February 1, 2003

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WORLDSTAR ANNOUNCES PROGRESS

World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) announced today that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology, commonly referred to as Hydrogen-on-demand". This technology is specifically designed to power the WorldStar utility vehicle created by WorldStar for on-site manufacturing in developing nations.

World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com

El Cajon, California, January 30, 2003 -- World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) announced today that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology, commonly referred to as Hydrogen-on-demand". This technology is specifically designed to power the WorldStar utility vehicle created by WorldStar for on-site manufacturing in developing nations. This technology is totally unique and not related to fuel cell technology currently being developed by many firms around the world," said Will Robertson, Director of Media Management for the company.

World Transport Authority, Inc. is committed to obtaining and developing the technology needed for Hydrogen-on-demand to fuel the WorldStar utility vehicle in developing nations. The founders of WTA identified the need for an inexpensive, yet very rugged utility vehicle for developing nations around the world where road and terrain conditions are challenging. In addition, the focus of WTA has been to produce a low emissions vehicle that is environmentally friendly and inexpensive to operate from a fuel perspective. To meet this need, WTA has designed a highly unique vehicle it believes to be capable of the same favorable economic impact for developing nations that the Ford Model T had in the United States and the Volkswagen Beetle had in Europe.

MISSION STATEMENT

It is the mission of World Transport Authority, Inc. to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.

This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.

For further information, please contact:

World Transport Authority, Inc.
Lyle Wardrop
Email: hydrogenworldstar@sbcglobal.net
(619) 593-2440
(619) 593-2444 Fax

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CONTACT INFORMATION


Corinne Keller
World Transport Authority, Inc.
(619) 593-2440
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