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To: Daniel Miller who wrote (1045)3/2/1998 7:24:00 PM
From: Instock  Read Replies (2) | Respond to of 1845
 
< LYGL > After the market close monday. NEWS!
Monday March 2, 5:01 pm Eastern Time

Company Press Release

Liteglow Industries Inc. Announces Radio Shack Will Carry Line of Products

POMPANO BEACH, Fla.--(BUSINESS WIRE)--March 2, 1998--Liteglow Industries Inc. (BB:LTGL) announced Monday that Radio Shack will offer Liteglow
and Lowglow products throughout their 6800 stores.

The deal, which originated at the Consumer Electronics Show in early January, was finalized late last week.

Radio Shack will have the ability to display and order any of Liteglow's or Lowglow's products through their special order catalog section. Liteglow President
Spencer Krumholz stated: ''One of our goals as 1997 ended was to further expand into the mass merchandising arena. I believe this deal with Radio Shack will
greatly improve our standing in this area and will further serve to strengthen our hold on the industry market share. In addition, Liteglow is very pleased to begin an
association with as fine an organization as Radio Shack and we believe that their vast distribution system will add substantially to the company's revenue growth into
the future.'' Krumholz also added: ''This is only the beginning. Many other large chain stores as well as smaller specialty retailers are being targeted with very positive
results to date.''

The company has also begun to penetrate markets in Japan, Portugal, New Zealand, Spain, Switzerland, Italy, Germany and Canada. Liteglow Industries currently
does business with major customers such as Circuit City, Nobody Beats the Wiz, J.C. Whitney Co., Joe Amato's Keystone Warehouse as well as over 2000
specialty retailers, wholesalers, and export customers. The company would also like to state that its financials are currently in the process of being completed and will
be filed with the SEC as soon as possible.

Liteglow Industries is a manufacturer, designer and importer of products for the automotive and electronic specialty markets. The U.S. automotive and electronic
after markets should exceed $300 BILLION in combined revenues this year. Revenues for the company are expected to increase dramatically as a direct result of
these newly announced as well as pending developments.

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
1-800-801-GLOW
www.liteglow.com

LTGL Thread:
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