Company Press Release
Liteglow Industries Enters Into Marketing Agreement
POMPANO BEACH, Fla.--(BUSINESS WIRE)--March 13, 1998--Liteglow Industries Inc. (BB:LTGL) announced Friday that they have entered into an agreement with a large service organization located in Bentonville, Ark. The organization will serve as a marketing agent between Liteglow Industries and major retailers.
The primary thrust of this agreement is to enhance Liteglow's position with the mass marketing retailers. The marketing group has access to major retailers in the United States and will stand ready to discuss potential partnerships on Liteglow's behalf. Spencer Krumholz, president and CEO, stated, ''This is just another step towards the mass-merchandising of Liteglow's products that will steadily increase the companies revenue stream!''
In another move to strengthen its presence to the public, Liteglow will be revamping their web site (www.liteglow.com). The changes will include the NEW product line for 1998, extensive investor information, and a hot link page, set up in conjunction with other automobile aftermarket companies. In addition, Lowglow, a Liteglow subsidiary, is currently constructing its own web site, www.lowglow.com, that will allow consumer product purchasing.
Liteglow also is proceeding with the necessary steps of providing the proper information to become a fully reporting company. Furthermore, the end of the year audited reports are nearly finished and should be ready by late March.
Liteglow Industries is a manufacturer, designer, and importer of products for the automotive and electronic specialty markets. The U.S. automotive and electronic aftermarkets should exceed 300 BILLION in combined revenues this year.
Requests for an investor information package should be made by calling Liteglow Industries Inc. at 1-800-801-GLOW, or by e-mail at Spencer@liteglow.com. You can also visit Liteglow at www.liteglow.com.
Contact:
Liteglow Industries Inc., Pompano Beach 800/801-GLOW www.liteglow.com |