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VLXC to release 2nd Qtr Earnings soon!

Veltex Corporation to Release Second Quarter Earnings
CITY OF INDUSTRY, Calif., Aug. 14 /PRNewswire-FirstCall/ -- Veltex Corporation (OTC: VLXC) is pleased to announce earnings for the second quarter of 2006 will be released in August.

Javeed Matin, CEO of Veltex Corporation stated: 'We were very encouraged with the results of our first quarter of 2006, as the company was able to keep growing at a rapid pace. With the recent merger resulting in Veltex-Canada, and its new 30,000 sq ft warehouse, we have laid the ground work for continued success, and have ensured that we will be able to meet our clients' needs in a faster more efficient manner.'

He continued by saying, 'The Company is in the process of preparing financials for the second quarter of 2006. Upon the successful completion, it will be made available to the public. We expect this to be completed in the next 15 days.'

About Veltex Corporation:

Veltex Corporation is a vertical manufacturing import and distribution company composed of four divisions: Veltex Apparel, specializing in caps, apparel and apparel accessories for the Promotional Products Industry and distribution of merchandise in the U.S. market; Veltex-Canada a retail supply and promotional products company with major retail clients and over 8,000 promotional products distributors; Velvet Textile Mills, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, and sheeting for consumer and industrial products; and KCA Garment Industries, specializing in the manufacture of garments.

Safe Harbor: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to replace and expand.

URL: http://www.veltexcorp.com/ or http://www.veltexapparel.com/ or http://www.veltexcanada.com

SOURCE Veltex Corporation



Source: PR Newswire (August 14, 2006 - 2:13 PM EDT)

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