See other failures under 000.html.
From http://www.flickr.com/photos/29005747@N02/5652180736/in/photostream as of 2011/07.
Torelli-branded aluminum frame with aluminum tubes pressed and glued in to aluminum lugs. From appearances, probably made for Torelli by Alan. Seat cluster lug cracked where it holds the top tube.
Service/usage history unknown.
See also FAIL-154.html.