SOURCE: Latitude Industries, Inc.

February 27, 2007 09:30 ET

Latitude Industries, Inc. (LTDN) SqueezeTrigger Price Is $0.15; Approximately 1.3 Million Shares Shorted Since September 2006 According to BUYINS.NET Research Report

MIAMI, FL -- (MARKET WIRE) -- February 27, 2007 -- Latitude Industries Inc. (PINKSHEETS: LTDN) announced today that BUYINS.NET,, is initiating coverage of Latitude Industries, Inc. (PINKSHEETS: LTDN) after releasing the latest short sale data to February 2007. From September 2006 to February 2007 approximately 16.3 million total aggregate shares of LTDN have traded for a total dollar value of nearly $2.4 million. The total aggregate number of shares shorted in this time period is approximately 1.3 million shares. The LTDN SqueezeTrigger price of $0.15 is the volume weighted average short price of all short selling in LTDN. A short squeeze is expected to begin when shares of LTDN close above $0.15. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit

Month           Total Vol.   Short Vol.   Avg. Price   Short $ Value

September '06     35,000        2,695        $0.04          $104
November         430,950       33,183        $0.23        $7,596
December       1,381,404      106,368        $0.22       $23,667
January '07    2,148,213      165,412        $0.08       $13,647
February      12,301,858      947,243        $0.15      $138,487

Total:        16,297,425    1,254,902        $0.15      $183,500

*short volume is approximated using a proprietary algorithm.

**average short price is calculated using a volume weighted average short

***short volume is the total short trade volume and does not account for
About Latitude Industries, Inc.

Latitude Industries, Inc. is an innovator and manufacturer of high quality Offshore Sport Fishing Boats, specializing in cutting-edge design and technology to build the most advanced sport Fishing Boats in the market. Through this unique fusion of technology and craftsmanship, Latitude Industries utilizes the most advanced composite materials and epoxies in the market to distance itself from the ordinary lamination that the rest of the industry uses. The company's strength lies in the 50 plus years of hands-on experience that the principals and skillful craftsmen who run the plant bring. Together with the close ties developed through the years with direct lenders like Gulf Capital, floor plan financiers like GE Capital, and Government contracts with over 40 boats built for Homeland Security to patrol our national and international interest, Latitude Industries is ready to excel and conquer the present and future market.


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