Veltex Corporation (VLXC)

[Rob2004]

Veltex Corporation Announces Successful Trade Show Results
CITY OF INDUSTRY, Calif. - PRNewswire-FirstCall - Jan. 14
CITY OF INDUSTRY, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Veltex Corporation, a vertical manufacturing, import and distribution company for apparel and accessories, announced today that its quality apparel and accessories have been widely accepted by major merchandisers at its recent trade shows in Orlando and in the current Las Vegas show ending today. From January 14 through the 16th, Veltex will be featuring its products at the ISS Long Beach, CA show in Booth #1860.

Javeed Matin, CEO of Veltex Corporation, commented, "We are very pleased with the positive feedback and new business that is coming from these trade shows. We estimate that our Florida shows will result in over 400 new distributors and merchandisers for our products, while the Las Vegas show should add an additional 1000+ new distributors. We look forward to another year of strong revenue growth and record profitability in 2005. Furthermore, our entry into the $6 billion surf apparel industry should accelerate our profitability."

Veltex is currently undergoing its 2003 audit, which the company expects to be completed by February to be immediately followed by the commencement of the 2004 audit.

Investors are encouraged to read a recent research profile on Veltex Corporation at http://www.otcgrowth.com/.

Veltex Corporation is a vertical manufacturing, import and distribution company composed of three divisions: Veltex Apparel, specializing in caps, apparel and apparel accessories for the Promotional Products Industry and distribution of merchandise; Velvet Textile Mills, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and KCA Garment Industries, specializing in the manufacture of garments. Its current customers include brand name and private label manufacturers such as Target and Nike.

http://www.veltexcorp.com/ http://www.veltexapparel.com/

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.

Veltex Corporation

Web site: http://www.otcgrowth.com/

Web site: http://www.veltexapparel.com/

Web site: http://www.veltexcorp.com/




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