SOURCE: Latitude Industries, Inc.

October 14, 2009 09:30 ET

LTDU Breaking News: Latitude Industries Announces a Great Milestone

MIAMI, FL--(Marketwire - October 14, 2009) - Latitude Industries Inc. (PINKSHEETS: LTDU), a holding company that exists to bring together a conglomerate of companies dedicated to the pursuit of fun and adventure in the outdoor world, announces today a great milestone.

As part of the reorganization plan previously announced and the bold decision to restructure and reorganize our company we are happy to announce a great milestone.

A long awaited Honda deal has been finalized. We are now able to offer the full line of Honda motors and accessories to our customers, plus the ability to offer retail financing through Honda Finance; something mystical in this economical environment, no doubt Honda Marine is a great partner to have.

In the weeks to come we will announce a couple of profitable acquisitions for Latitude Industries, a refresh website for Latitude Powerboats and a corporate website for Latitude Industries.

Orlando Hernandez, COO of Latitude Industries, was quoted in a previous press release, "There is a lot of hard work ahead and we are going to take advantage of the opportunities to venture and consolidate other marine related and power sports businesses under the Latitude Industries umbrella." Today he said, "You can only survive in this industry through Passion, Hard Work and Innovation we are not ready to back down it has been a great challenge that will follow with a great success."

About Latitude Industries

Latitude Industries exist to bring together a conglomerate of companies dedicated to the pursuit of fun and adventure in the outdoor world by providing the best supplier of power sports and boating-related products with outstanding service and value to every customer. Our goal is to treat all of our customers even better than they expect to be treated so that they regard us as the best in our industry. It is always our priority to achieve superior financial returns for the benefit of our associates, customers and shareholders.

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

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