SOURCE: Latitude Industries, Inc.

January 23, 2008 16:00 ET

Latitude Industries, Inc. Showcasing the Latitude 35 SS Powerboat at the "All New" Baltimore Boat Show

MIAMI, FL--(Marketwire - January 23, 2008) - Latitude Industries, Inc. (PINKSHEETS: LTDI), manufacturer of Offshore Sport Fisherman and Center Console quality-made boats, announced today that in a joint effort with All-Star Marine, Latitude's exclusive dealer for the State of Maryland, the Company is showcasing the Latitude 35 SS at the "all new" Baltimore Boat Show from January 23-27, 2008.

The Baltimore Boat Show, Baltimore's largest and oldest boat show, is celebrating its 54th anniversary by increasing exhibit space, adding new features and anticipating surpassing last year's attendance of 21,000. The show typically takes up about two-thirds of the convention hall. Yet, the expanded 2008 show fills the 300,000 sq. ft. Baltimore Convention Center with more than 600 new boats and exhibitors' booths showcasing the latest marine equipment, electronics, fishing gear and accessories. With the summer season right around the corner, this show attracts many highly motivated "buy-now-type" customers.

All-Star Marine will be displaying the Latitude 35 SS at an exhibit booth situated in area C113. David Anderson, President of All-Star Marine, stated, "Our team is delighted to feature Latitude 35 SS at The Baltimore Boat Show."

"We are convinced that sales will be generated from this show," stated Chief Operation Officer Orlando Hernandez. Adding to the Company's anticipated show sales success, CEO Carolina Hernandez stated, "Production at Latitude has been running steady on our 28 and 35 models. We have boats built and ready to deliver in a short period of time."

Latitudes Industries recently announced that Chief Operating Officer, Orlando Hernandez, was featured in an exclusive interview with www.wallst.net on January 17, 2008. Mr. Hernandez talked about Latitude Industries' market potential, growth initiatives, competitive edge, recent news, and for investors to be aware of yet to come strategic milestones.

About Latitude Industries

Latitude Industries is a manufacturer of high-quality, offshore sport fishing boats. The company's boats fuse innovative design with advanced light-weight 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 www.latitudepowerboats.com.

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.

Contact Information

  • INFORMATION:
    Contact:
    Carolina Hernandez
    President and CEO
    Telephone: 305-758-BOAT (2628)