LiteGlow News:
Liteglow Industries Inc. Announces "CE" Approval
POMPANO BEACH, Fla.--(BUSINESS WIRE)--April 8, 1998--Liteglow Industries Inc. (BB:LTGL) announced Wednesday that they are very proud to have received European CE Approval for all neon items being produced.
CE Approval is the highest standard in Europe and is recognized as the equivalent to USA UL Approval.
To date, Liteglow Industries Inc. is the ONLY neon manufacturer recognized with a standard of CE Approval. In accordance with the new CE Approval, Liteglow has appointed an exclusive distributor in Germany, who has just placed an initial substantial order.
On another front, Liteglow President and CEO, Spencer Krumholz, announced upon his arrival from the Orient, that the trip was a major success. Among the items discussed were, the Joint Venture in China, new products to enter the mass market, and possible licensing agreements. Krumholz, stated: ''The trip to the Far East was an overall success. We enlarged our current factory to accommodate the inflow of new business, and have added new products to Liteglow's line. Moreover, we are continuing the process towards the Joint Venture in China and have some possible licensing agreements in place.''
Liteglow Industries is vigorously adding new business every day. Over the past few weeks Liteglow has added export customers from England, Iceland, Hong Kong, Mexico and Jamaica. For 1998, Liteglow has created an aggressive advertising campaign designed to receive more product exposure as well as establishing Liteglow Industries as a household name in the mass market. Moreover, Liteglow has added new representatives to sell Liteglow products throughout the world. Spencer Krumholz, president and CEO, stated: ''We want to see Liteglow merchandise in every store, on all cars, and in all trade magazines at every newsstand. Wherever a prospective consumer may be we want Liteglow to be there.''
Liteglow 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 800/801-GLOW, or by e-mail at Spencer@liteglow.com. You can also visit Liteglow at www.liteglow.com.
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