(BSNS WIRE) Bullhide's OEM to Generate Revenues of $1,500,000
Bullhide's OEM to Generate Revenues of $1,500,000
Business Editors
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--June 16, 1999--The
Bullhide Liner Corporation (OTC BB:BULH) announced today that, further
to its March 31, 1999 announcement, its Littleton, Colorado original
equipment manufacturer (OEM), Mountain States Home Improvement, plans
to expand its operations into the Dallas and Houston areas within the
next six months, and into the Southeastern U.S. within the next twelve
(12) months.
In addition to providing roofing, siding, windows, gutters and
doors to the multi-family housing industry, this manufacturer now
produces Tread-Ex(TM), a prefabricated staircase cover, designed as a
low cost, permanent solution to concrete and wood stairs that are worn
and in disrepair. Tread-Ex(TM), which consists of a steel base formed
to match existing stairs and landings and covered with Bullhide 2000,
is applied to existing stairs in multi-family housing condominium and
apartment complexes.
Mountain States Home Improvement recently completed a contract to
cover approximately 1,000 stairs, treads, risers and landings at a
condominium complex in Denver, Colorado, which generated $36,000 in
revenues. With approximately 50 signed contracts in hand, each
averaging 500 - 600 steps and $22,000 in revenues, Mountain States
Home Improvements anticipates purchasing at least $4,200 worth of
Bullhide products per day. Over the next twelve (12) months, this
should result in revenues of approximately $1,500,000 to Bullhide.
"Due to this tremendous demand for Tread-Ex(TM), we are able to
plan our expansion into Dallas and Houston, as well as the Southeast,
far ahead of schedule", stated Mr. Larry Birch, owner of Mountain
States Home Improvement.
The Bullhide Liner Corporation has a revolutionary patent pending
polyurethane-based material initially targeted for the pick-up truck
bedliner market. With its superior strength, toughness, anti-skid
properties and excellent chemical resistance, Bullhide has expanded
into the industrial flooring market. Additionally, when spray molded
onto metal, wood, fiberglass or concrete, this product provides:
superior protection from corrosion and deterioration; chemical
containment; sound dampening; waterproofing; and, equipment
protection. For more information, visit Bullhide's web site at
www.bullhide.com.
This material was prepared by Strategic Investors Group (SIG) for
the Company discussed herein, based upon Company supplied information
or other sources believed to be reliable. The information is not
guaranteed by SIG for accuracy or to be all-inclusive. The foregoing
discussion contains forward-looking statements that involve risks and
uncertainties. Actual results could differ from those discussed in
this release. This material is for informational purposes only and is
not an offer or solicitation to buy or sell securities. SIG, its
affiliates, and/or its officer, directors and employees may from time
to time have a position in these securities.
--30--cp/mi*
CONTACT: Strategic Investors Group, Fort Lauderdale
Donald P. Visco, President
954-567-1639
dvisco@stratego.net
KEYWORD: FLORIDA COLORADO TEXAS
INDUSTRY KEYWORD: BUILDING/CONSTRUCTION CHEMICALS/PLASTICS
AUTOMOTIVE
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story *** |
