SOURCE: Latitude Industries, Inc.

March 06, 2008 10:44 ET

Latitude Industries, Inc. Announces Today Positive News out of the Miami International Boat Show

MIAMI, FL--(Marketwire - March 6, 2008) - Latitude Industries, Inc. (PINKSHEETS: LTDI), manufacturer of offshore high performance sport and center console quality-made boats, announced today the outstanding response of the Latitude 35ss at the Miami International Boat Show.

These are great and exciting moments for Latitude Powerboats as we gear into boat show season starting with what is called the largest boat show in the world, and the most important for our industry, the Miami International Boat Show.

We had a large crowd with over a thousand spectators that visited Latitude Powerboats' display at the Sea Line Marina, giving us great exposure and the ability to take customers for a demo ride in order for them to see at first hand what the Latitude 35ss can do on open waters. The show generated dozens of potential leads; the compliments, from the show display to the boats, were overwhelming.

Carolina Hernandez, President and CEO of Latitude Powerboats, stated, "I'm extremely pleased with the response from the Miami International Boat Show and believe that very soon we will be reporting good sales figures from this boat show."

About Latitude Industries

Latitude Industries is a manufacturer of high-quality, offshore sport fishing boats. The company's boats fuse innovative design with advanced lightweight composite materials that resist rot and decay and retain buoyancy under all conditions. Hand-laid fiberglass hulls offer the best of old world craftsmanship and new world technology. In addition, the company enhances the safety of its boats by using the latest lamination technology, creating a sturdy and durable hull that can handle the toughest sea conditions. Latitude Industries employs craftsmen with decades of industry experience at its headquarters in South Florida, the sport fishing capital of the world. For more information about Latitude Industries, Inc. visit

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Forward-Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

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