Veltex Corporation (VLXC)

[pual]

Veltex Corporation Reports Growth in Q2 Earnings for 2006

CITY OF INDUSTRY, Calif., Sept 05, 2006 /PRNewswire-FirstCall via COMTEX/ --
Veltex

Corporation (Pink Sheets: VLXC) today reported their financial results for the

second quarter of 2006.


Gross revenue: $19,323,578

Gross profit: $8,748,744


Combined 2nd Quarter 1st Quarter

Jan.-June 2006 June 2006 March 2006


Revenue from Sales $33,943,897 $19,323,578 $14,620,319

Gross profit $11,669,572 $ 8.748,744 $ 2,920,828


There are approximately 17,000,000 shares currently outstanding.


Javeed Matin, CEO of Veltex Corporation, stated "The Company was able to show increased growth during the second quarter of 2006. We attribute the increase in Veltex earnings due to the acquisition of Veltex-Canada, which has immediately added to the company's bottom line, and we believe will continue to grow. During the second quarter, Veltex-Canada moved to a larger 30,000 sq ft warehouse, which has allowed the company to meet increased demand in a faster more efficient manner."