SOURCE: Latitude Industries, Inc.

December 04, 2006 17:37 ET

Latitude Industries Inc. (PINKSHEETS: LTDN) Celebrating 11th Year of Boat Manufacturing

MIAMI, FL -- (MARKET WIRE) -- December 4, 2006 -- Latitude Industries Inc. (PINKSHEETS: LTDN) is proud to announce its 11th year of manufacturing high quality boats.

Latitude Industries Inc. (OTC.LTDN) was founded by the Hernandez family in December of 1995 under Stealth Marine Inc., the company built more than 30 boats between 1995 and 1998.

In 1998, a joint venture between Midnight Express and Navigator Powerboats, a subsidiary of Latitude Industries Inc. (OTC.LTDN), was founded to build the 39' and the 37' Wide Body Midnight Express. Since 1998 to the present, we have built more than 180 boats.

This venture led to a government contract to build more than 40 Midnight Express 39' Center Consoles for the U.S. Customs and Homeland Security to patrol the coast of the United States the Caribbean, and the Gulf of Mexico.

Up-to-date Latitude Industries Inc. (OTC.LTDN) has built more than 300 boats for such names as Apache Powerboats, one of the fastest offshore speed boats on the water, for World Champion Cigarette Racing, and New Tech Marine.

"We are very proud to reach this milestone of 11 strong years of boats manufacturing," said Carolina Hernandez, President and C.E.O of Latitude Industries Inc. (OTC.LTDN), in a statement to the shareholders. She expressed gratitude to our customers, employees and vendors and looks forward to next anniversary.

About Latitude Industries Inc.

We are an innovator and manufacturer of high quality Offshore Sport Fishing Boats. We characterize in cutting edge design and technology to build the most advance sport Fishing Boats in the market.

Through this unique fusion of technology and craftsmanship the company, Latitude Industries, will utilized the most advance composite material and epoxies in the market to distance itself from the ordinary lamination that the rest of the industry uses.

The company strength lies in the Fifty (50) plus years of hands on experience that the principals and the skillful craftsman's that run our plant brings. Together with the close ties that we have develop 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. do 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.

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