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To: SSP who wrote (1246)	6/21/1999 3:16:00 PM
From: CIMA	Read Replies (1) \| Respond to of 150070

Monday June 21, 2:36 pm Eastern Time Company Press Release Landstar, Inc. - Itra Conference Success DAYTON, Ohio--(BUSINESS WIRE)--June 21, 1999--Landstar Inc. (OTC BB: LDSR - news) participated in the ITRA (International Tire and Rubber Association Inc) EXPO held at the Opryland Convention Center in Nashville, Tennessee on June 9-12,1999. The recycling display area includes numerous exhibitors vending various processes and lines of equipment for the shredding and crumbing of rubber tires and also included a few exhibitors that manufacture products from crumb rubber. The Landstar exhibit was the only display in the recycle pavilion that exhibited product and processes for the recycling of crumb rubber into new vulcanized products. Landstar displayed tires made with up to 40% Activated Modified Rubber (AMR) and also displayed products extruded in the USA using in excess of 60% AMR. The manufacturer was impressed with the extrusion qualities of the AMR and is conducting tests to verify the apparent desirable characteristics of the extruded product. In viewing the Landstar exhibit, Valerie Shulman, Secretary General of the European Tyre Recycling Association, stated, ''Landstar, Inc. has taken the most advanced step forward towards integrated waste management, which is unique within the whole tire industry, by developing technology to allow the re-integration of post consumer materials in new products within the intent of sustainable levels'' Mr. Fimrite, in reviewing the ITRA Expo, stated, ''The rubber crumb industry has been characterized by marginal operations, low margins and small markets for value added products. The new markets accessible with Landstar's licensed reactivation technology create compelling economics that will rejuvenate the rubber recycling industry'' The Company received numerous requests for proposals, compound formulations, product specifications and joint venture proposals from an international array of corporations including rubber compound manufacturers and pre-cure retread strip manufacturers. The Company will commence compound development during July with the commissioning of its Dayton compounding laboratory and production demonstration facility. Landstar's mission is to become a significant raw materials supplier to the North American rubber and latex product manufacturing industries through the application of a unique and proprietary recycling technology. On behalf of the Board of Directors ''D.E. Fimrite'' D.E. Fimrite President Contact: Elroy Fimrite Tel: 250-475-6000 No Stock Exchange or Securities Commission has approved nor disapproved the statements in this release. Any statements that are not strictly historical are 'forward-looking statements'' made pursuant to the ''safe harbour'' provisions of the Private Securities Litigation Reform Act of 1995 and within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward- looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to a number of risks and uncertainties that may affect actual events or results materially. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. -------------------------------------------------------------------------------- Contact: Landstar, Inc. Elroy Fimrite, 250/475-6000