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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?

To: Ignatz who wrote (3071)	10/5/1998 5:28:00 PM
From: PistolPete	Respond to of 4230

Here it is... Monday October 5, 4:18 pm Eastern Time Company Press Release Great White Expands Into Puerto Vallarta WACO, Texas--(BUSINESS WIRE)--Oct. 5, 1998--Great White Marine & Recreation Inc. (OTC BB:JAWS) announces that it has expanded its distribution operations into Puerto Vallarta, Mexico, through the acquisition of marina office, warehouse and dock facilities. Great White will warehouse and distribute its entire product line through its new facilities. The new Puerto Vallarta facilities have already been staffed and initial inventory has been received. Great White is in the process of remodeling the office and warehouse building to maximize its space to better suit Great White's needs. The facility is expected to be fully operational in time for the upcoming National Boat Show of Mexico which will be held on November 12th - 15th. Colin Smith, Great White's President and Chief Executive Officer, stated, ''The expansion into Puerto Vallarta has long been a strategic aspect of our long-term business plan, and it is now materializing in preparation for next year's selling season. The new facility will enable us to better serve our growing network of manufacturers and dealers. In addition, we expect to generate significant interest in our Company and products through our new facility during the upcoming National Boat Show -- the largest boat show in Mexico.'' Great White Marine and Recreation Inc. is an international distribution company of marine watercraft and recreational vehicles and related products through its network of dealers extending from the southwestern United States into Central America, Mexico, South America and the Caribbean. Brand name products distributed by Great White include Polaris(TM) personal watercrafts and all-terrain vehicles, Mercury(TM) outboard boat motors, Mercury QuickSilver(TM) two-cycle engine oil, and an extensive line of Fisher(TM) fiberglass and aluminum boats as well as Cruisers Yachts. Great White's corporate headquarters are in Waco, Texas, with sales, servicing and warehousing facilities in Monterrey, Mexico, Puerto Vallarta, Mexico, and Pompano Beach, Florida. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the ''safe harbors'' provision of The Private Securities Litigation Reform Act of 1995. -------------------------------------------------------------------------------- Contact: Sitra Enterprises Inc. 512/453-3817 or Fax 512/453-7553 info@great-white.com great-white.com or Investments 101 Ltd. 800/749-0114