SOURCE: Latitude Industries, Inc.

March 07, 2007 09:30 ET

LTDN: Breaking News: Latitude Industries "Life Time Hull Warranty" for All Their Models

MIAMI, FL -- (MARKET WIRE) -- March 7, 2007 -- Latitude Industries Inc. (PINKSHEETS: LTDN), an innovative manufacturer of high quality Offshore Sports Fisherman and Center Console boats, announces the implementation of a "Limited Life Time Structural Warranty" for all their vessels.

In an effort to distinguish itself from its competitors, they have strengthened their warranty program from the industry standard "Five Year Structural Warranty." This will undoubtedly fortify the Latitude brand and improve the resale value of their boats. While this incentive may cause a sales boost, its more than about reinforcing sales, it's about reinforcing a brand.

In a statement, Carolina Hernandez, CEO of Latitude Industries, expressed that only when you know and are confident in the way you build your boats can you extend this type of warranty to your customers. "We have been telling consumers about the quality of our boats and now we are backing it up with this exceptional warranty," explained Carolina.

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.

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