SOURCE: Steadfast Holdings Group, Inc.

April 16, 2008 07:00 ET

Steadfast Holdings Group, Inc. Announces Launch of Proprietary UV-Protectant "Steadfast Rejuvenator" for Truck Bed Liners

EAST HAVEN, CT--(Marketwire - April 16, 2008) - Steadfast Holdings Group, Inc. (PINKSHEETS: STHG) announced today that its Steadfast Automotive stores have begun selling a proprietary spray-on formulation of UV-protectant for all types of truck bed liners, that the Company is branding "Steadfast Rejuvenator." The protectant blocks ultra violet rays which cause bed liners to fade and crack.

John Calash, CEO of Steadfast Holdings Group, Inc., stated, "We know from our sales experience with our commercial and consumer customers that they need a superior spray UV-protectant product to extend the life of their truck's bed liners. Consequently, we had formulated exclusively for us a unique, high performance spray UV-protectant which we are marketing through our stores, and eventually through other accessory stores as well. We believe Steadfast Rejuvenator is unsurpassed by any comparable product in the market in performance and value for the price. It is yet but one more example of how we are approaching our growth innovatively with high margin product, in order to build incremental revenue and profit."

About Steadfast Holdings Group, Inc.

Steadfast Holdings Group distributes a variety of products to the automotive aftermarket. The core business is its spray on truck bed protection product which offers specially formulated polymers that permanently bond to the truck's bed. The Company's spray-on Polyurea is a remarkable technology with a range of uses limited only by your imagination. They are also utilized in commercial, industrial, agricultural, military and custom applications when this tough coating is used to protect everything from metals to concrete against chemicals, solvents, fuel, etc. The Company is a licensed dealer for the following aftermarket products: A.R.E. Truck Caps and Lids, Tool Boxes, Nerf Bars, Tube Steps, Running Boards, Rack Systems, Rail Caps, Tonneau Covers, Fender Flares, Grilles, Visors, Bug Shields, Roll-Up Covers, Side Rails, Mud Guards, Floor Mats, Lights, Trailer Hitches, Stainless Steel Accessories and Lift Kits. Steadfast also has distribution agreements with the several companies that manufacture light truck aftermarket products. Additional information may be found at www.steadfastlinings.com.

Safe Harbor

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact Information

  • Contact:
    Steadfast Holdings Group, Inc.
    Investor Relations
    561-820-9551