Aug 12 (Reuters) - Twin Vee PowerCats Co ( VEEE ):

* TWIN VEE POWERCATS-CO ( VEEE ), FORZA X1 ( FRZA ), ENTERED MERGER AGREEMENT

FOR

ALL STOCK TRANSACTION

* TWIN VEE POWERCATS CO ( VEEE ) - PURSUANT TO DEAL FORZA WILL MERGE

WITH

AND INTO A WHOLLY OWNED SUBSIDIARY AND SURVIVE THE MERGER

* TWIN VEE POWERCATS CO ( VEEE ) - UPON CLOSING OF TRANSACTION,

MERGED

COMPANY WILL OPERATE UNDER TWIN VEE POWERCATS CO. NAME

* TWIN VEE POWERCATS CO ( VEEE ) - BOARD OF DIRECTORS OF BOTH TWIN

VEE AND

FORZA UNANIMOUSLY APPROVED MERGER AGREEMENT.

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