Wednesday January 20, 11:01 am Eastern Time
Company Press Release
Liteglow Industries Inc. Announces Receipt of Substantial Order
POMPANO BEACH, Fla.--(BUSINESS WIRE)--Jan. 20, 1999--Liteglow Industries
Inc. (OTC BB:LTGLD) announced Wednesday it had an extremely successful
exhibit at the Consumer Electronics Show in Las Vegas earlier this
month.
The annual trade show drew over 100,000 people from the consumer
electronics industry.
Lou Wiener, the newly appointed COO of Liteglow Industries, stated that
Liteglow and its subsidiaries, Low Glow and B&B Associates showed a
variety of new items opening new avenues for the marketing of its
products. The results are already being seen by Liteglow receiving a
$120,000.00 order that is being shipped this month. For the first time
B&B Associates showed their line and introduced some new products that
were received well by our present distributors. Several major chain
stores have also expressed interest in the total product line and are
being seen within the next several weeks.
As a result of meetings held at CES three new selling agreements were
reached for Liteglow's product line and five new European customers
placed orders, including customers in Germany, Italy and Russia.
Liteglow Industries Inc. is a manufacturer and importer of automotive
after market 12 volt accessory items. Low Glow is a U.S. manufacturer of
high quality neon 12 volt lighting. B&B Associates are U.S.
manufacturers of automotive alarm systems. The U.S. automotive and
electronics after markets should exceed $300 billion in combined
revenues.
The foregoing contains forward-looking statements which are subject to
contingencies and uncertainties. Such forward-looking statements are not
guarantees of future performance, and are based on numerous assumptions
about future conditions that could prove to be inaccurate. Actual
events, transactions or results may differ materially from anticipated
events, transactions or results described in such statement.
Requests for an investor information package should be made by calling
Liteglow Industries Inc. at 800-801-GLOW (4569), or e-mail at
spencer@liteglow.com. Fax number is 954/971-5117. Don't forget to visit
our website at: www.liteglow.com.
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Contact:
Liteglow Industries Inc., Pompano Beach
800-801-GLOW (4569)
Fax: 954/971-5117
e-mail: spencer@liteglow.com
www.liteglow.com.
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