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Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (4111)	2/23/1999 4:54:00 PM
From: Quasar	Read Replies (2) \| Respond to of 4715

February 23, 1999 16:20 Liteglow Industries Announces Deal to Supply OEM Equipment to Winnebago Industries POMPANO BEACH, Fla.--(BUSINESS WIRE)--Feb. 23, 1999--Spencer Krumholz, president and CEO of Liteglow Industries Inc. (BB:LTGL), announced Tuesday that Liteglow Industries will supply Winnebago Industries Inc., the leading manufacturer of motor homes in the United States, with their docking driving lights as OEM equipment. Winnebago Industries' self-contained recreation vehicles are used primarily for leisure travel and outdoor recreation activities. According to Lou Wiener, the COO of Liteglow Industries, "This deal allows Liteglow to extend our growth into the marketplace, not only for retail activity, but Original Equipment Manufacturing." He also stated, "We are proud to begin a relationship with Winnebago Industries, a company that has over 40 years of excellence behind them." Regarding the deal, President and CEO Spencer Krumholz, stated: "We are constantly looking for ways to successfully market the Liteglow name and its products. As the new millennium approaches, Liteglow Industries will continue to examine ways to strengthen its market share and its prospects for new business." In other news, Lou Wiener, COO of Liteglow Industries Inc., stated: "Since becoming chief operating officer of Liteglow, many shareholders have questioned the number of shares issued and outstanding for Liteglow Industries. On February 17th, 1999, the transfer agent reported to us that there were 249 shareholders holding 629 certificates, of which 3,177,988 were free trading shares, with an additional 403,251 restricted shares that totaled 3,581,239 shares of common stock." Liteglow is a manufacturer, designer, and importer of products for the automotive aftermarket. The U.S. auto aftermarket reached $170.55 billion in revenues in 1994, and is estimated to grow at 3%-5% annually over the next three years. Requests for an investor information package should be made by calling Liteglow Industries Inc. at 1-800-801-GLOW, or e-mail at Spencer@liteglow.com. You can also visit Liteglow at www.liteglow.com. CONTACT: Liteglow Industries Inc., Pompano Beach Lou Wiener, COO 800-801-GLOW