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To: Fitz who wrote (21650)	5/27/1998 12:03:00 PM
From: Don Powrie	Respond to of 34592

>>>>NEWS! BB:LTGL Liteglow Industries Inc. Poised for Growth POMPANO BEACH, Fla.--(BUSINESS WIRE)--May 27, 1998--Spencer Krumholz, President and CEO of Liteglow Industries Inc. (BB:LTGL), announced Wednesday plans for Liteglow's continued phenomenal growth for the second half of 1998, and beyond! Krumholz stated: ''Liteglow Industries Inc. has completed its necessary financing, and has all the funds needed now for the balance of 1998 to insure continued and steady growth. No further financing or share dilution will be needed, and Liteglow has now embarked on strengthening its industry position by adding inventory and a number of new products that are slated for introduction in the early part of June and July.'' New product introductions will include several non-neon products, such as a new ''Mini-Beam'' driving light, a ''Lighted Soccer Ball'' for domestic and world wide applications that will include flags for 32 of the most popular countries in World soccer competition, and several additional ''novelty'' type items for the mass market. Liteglow has also earmarked several key customers for the second half, and will be announcing the addition of a new major customer in the very near future. Krumholz, also stated, ''The order has already been shipped, but we are not at liberty to disclose the name of the customer at this time.'' Liteglow is also very pleased to advise its customers that it has increased its presence on the World Wide Web, by placing Lowglow Neon (www.lowglow.com), a subsidiary of Liteglow Industries Inc. on the Internet. Lowglow will be available to accept product purchasing of all Liteglow and Lowglow merchandise directly from the Internet! Liteglow is a manufacturer, designer and importer of products for the automotive and electronics specialty markets. The U.S. automotive and electronics after markets 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.