Water Technologies International Inc (WTII)

[SilverEagle]

<font color=green>Latitude, Honda talking about joint venture

Issue Date: 6/25/2008, Posted On: 6/25/2008

Latitude Industries, a Miami-based manufacturer of offshore high-performance sport- and center-console boats, entered into negotiation talks with Honda Marine to have the engine maker provide outboards for its boats.



With models ranging from 2- to 225-hp, Honda Marine’s line of production models meets California Air Resources Board 3-Star standards, ensuring their availability and regulatory compliance in all 50 states, according to Latitude.



Latitude Industries was founded by the Hernandez family in 1995 under Stealth Marine. The company built more than 30 boats between 1995 and 1998.



In 1998, a joint venture between Midnight Express and Navigator Powerboats, a subsidiary of Latitude Industries, was founded to build the 39-foot and the 37-foot Wide Body Midnight Express. Since 1998, the company has built more than 200 boats.