SOURCE: Latitude Industries, Inc.

November 28, 2006 16:15 ET

Latitude Industries Inc. (PINKSHEETS: LTDN) Bids for Yet Another Homeland Security Contract

MIAMI, FL -- (MARKET WIRE) -- November 28, 2006 -- Latitude Industries Inc. (PINKSHEETS: LTDN), a manufacturer of Sports Fisherman and Center Console boats in Florida, announce the invitation from the Island of Saint Lucia to build two Patrol Boats for their Homeland Security.

As a direct result and success rate that Latitude Industries Inc. (LTDN) has accomplished with U.S. Homeland Security by building the highest quality of patrol boats to protect our national and international interest, today we see the results of our integrity and diligence to this industry.

Latitude Industries Inc. (LTDN) has received an exclusive invitation from the O.E.C.S. Organization of Eastern Caribbean States with funds from the World Bank to bid on 2 boats to patrol the waters of Saint Lucia.

Bid states as follows, "The Organization of Eastern Caribbean States now invites Latitude Industries to submit a sealed bid; sealed bids are only taken from eligible and qualified bidders for the supply of two open vessels to be used in Protected Area management of the selected OPAAL Demonstration Site in the OECS."

A contract from Midnight Express Boats to build more than 40 Patrol Boats for U.S. Homeland Security; Carolina Hernandez the CEO of Latitude Industries Inc. (LTDN) stated that more governmental bids are in the horizon noting the commitment of Latitude Industries to build the most seaworthy boats for private and government use.

Latitude Industries Inc. is an innovator and manufacturer of high quality Offshore Sport Fishing Boats. We specialize 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, the company, Latitude Industries, will utilize the most advanced composite material 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 Fifty (50) plus years of hands-on experience that the principles and the skillful craftsmen that run our plant bring. Together with the close ties that we have developed through the years with direct lenders like Gulf Capital, floor plan financiers like GE Capital, and Government contracts with over Forty (40) boats built for Homeland Security to patrol our national and international interest we are proud to say that we are ready to excel and conquer this present and future market.

For more information about Latitude Powerboats Inc. please contact us directly at: or visit our web-site

Respectfully yours,

Carolina Hernandez, President & CEO

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Latitude Industries Inc. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Latitude Industries Inc. does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.