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Friday, June 20, 2008 10:57:17 AM
LTDI News Latitude Industries, Inc. Enters Into Negotiation ...
Friday, June 20, 2008 10:31 AM
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News for 'LTDI' - (Latitude Industries, Inc. Enters Into Negotiation Talks With Honda Marine)
MIAMI, FL, Jun 20, 2008 (MARKET WIRE via COMTEX) -- Latitude Industries, Inc.
(PINKSHEETS: LTDI), manufacturer of offshore high performance sport and center
console quality-made boats, announced today that it has been approached by Honda
Marine and they have formally entered into negotiation talks.
Honda Marine is the pioneer in four-stroke engine technology, setting a new
benchmark for fuel efficiency, quiet operation, and low emissions. Honda's
outboards share the same unparalleled durability, quality, and reliability of
its legendary automobiles. With models ranging from 2 to 225 horsepower, Honda
Marine's full line of current production models meets rigorous California Air
Resources Board (CARB) 3-Star standards, ensuring their availability and
regulatory compliance in all 50 states.
The National Marine Manufacturer's Association has awarded Honda Marine "Best in
Customer Satisfaction" for the last four years in a row. Honda outboard engines
deliver the power, fuel efficiency and reliability that enhances any boating
experience.
"We are delighted to begin talks with Honda Marine. We believe our cutting edge,
rock solid and, as recently mentioned by Hot Boat Magazine, 'stealthy boats'
will blend together nicely with Honda to provide today's boating market with
fully-rigged boat and motor packages," stated Orlando Hernandez, COO of Latitude
Industries, Inc.
About Latitude Industries
Latitude Industries is a manufacturer of high-quality, offshore powerboats. The
company's boats fuse innovative design with advanced lightweight composite
materials that resist rot and decay and retain buoyancy under all conditions.
Hand-laid fiberglass hulls offer the best of old world craftsmanship and new
world technology. In addition, the company enhances the safety of its boats by
using the latest lamination technology, creating a sturdy and durable hull that
can handle the toughest sea conditions. Latitude Industries employs craftsmen
with decades of industry experience at its headquarters in South Florida, the
sport fishing capital of the world. For more information about Latitude
Industries, Inc., visit www.latitudepowerboats.com.
For more information about Latitude Industries, Inc. or to Sign In for our
bi-weekly corporate letter and boating tips visit www.latitudepowerboats.com.
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.
INFORMATION:
For more information about the company, please feel free to send an email
to
Latitude Industries, Inc.
investors@latitudepowerboats.com
SOURCE: Latitude Industries, Inc.
CONTACT: mailto:investors@latitudepowerboats.com
Copyright 2008 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Transportation and Logistics:Maritime
Aerospace and Defense:Marinecraft
Source: Comtex Wall Street News
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Friday, June 20, 2008 10:31 AM
From:
"StockAlerts@scottrade.com" <StockAlerts@scottrade.com>
View contact details
Scottrade.com
This email is compliments of Scottrade.com
If you would like to modify or suspend this alert, please login to your Scottrade account and navigate to the "Alerts" page under the "My Account" tab.
News for 'LTDI' - (Latitude Industries, Inc. Enters Into Negotiation Talks With Honda Marine)
MIAMI, FL, Jun 20, 2008 (MARKET WIRE via COMTEX) -- Latitude Industries, Inc.
(PINKSHEETS: LTDI), manufacturer of offshore high performance sport and center
console quality-made boats, announced today that it has been approached by Honda
Marine and they have formally entered into negotiation talks.
Honda Marine is the pioneer in four-stroke engine technology, setting a new
benchmark for fuel efficiency, quiet operation, and low emissions. Honda's
outboards share the same unparalleled durability, quality, and reliability of
its legendary automobiles. With models ranging from 2 to 225 horsepower, Honda
Marine's full line of current production models meets rigorous California Air
Resources Board (CARB) 3-Star standards, ensuring their availability and
regulatory compliance in all 50 states.
The National Marine Manufacturer's Association has awarded Honda Marine "Best in
Customer Satisfaction" for the last four years in a row. Honda outboard engines
deliver the power, fuel efficiency and reliability that enhances any boating
experience.
"We are delighted to begin talks with Honda Marine. We believe our cutting edge,
rock solid and, as recently mentioned by Hot Boat Magazine, 'stealthy boats'
will blend together nicely with Honda to provide today's boating market with
fully-rigged boat and motor packages," stated Orlando Hernandez, COO of Latitude
Industries, Inc.
About Latitude Industries
Latitude Industries is a manufacturer of high-quality, offshore powerboats. The
company's boats fuse innovative design with advanced lightweight composite
materials that resist rot and decay and retain buoyancy under all conditions.
Hand-laid fiberglass hulls offer the best of old world craftsmanship and new
world technology. In addition, the company enhances the safety of its boats by
using the latest lamination technology, creating a sturdy and durable hull that
can handle the toughest sea conditions. Latitude Industries employs craftsmen
with decades of industry experience at its headquarters in South Florida, the
sport fishing capital of the world. For more information about Latitude
Industries, Inc., visit www.latitudepowerboats.com.
For more information about Latitude Industries, Inc. or to Sign In for our
bi-weekly corporate letter and boating tips visit www.latitudepowerboats.com.
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.
INFORMATION:
For more information about the company, please feel free to send an email
to
Latitude Industries, Inc.
investors@latitudepowerboats.com
SOURCE: Latitude Industries, Inc.
CONTACT: mailto:investors@latitudepowerboats.com
Copyright 2008 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Transportation and Logistics:Maritime
Aerospace and Defense:Marinecraft
Source: Comtex Wall Street News
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