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Tuesday, 06/14/2005 9:43:54 AM

Tuesday, June 14, 2005 9:43:54 AM

Post# of 72830
VLXC enters Golf Apparel-Major Global expansion planned

CITY OF INDUSTRY, Calif., June 14 /PRNewswire-FirstCall/ -- Veltex Corporation, (OTC: VLXC) a vertical manufacturing, import and distribution company for apparel and accessories, announced today that it is ramping up for global distribution of golf apparel and related golf products throughout many countries. Veltex is currently in negotiations with a well known and highly respected PGA star to market and license his branded golf products.

Javeed Matin, CEO of Veltex Corporation, stated, "Entering into golf merchandising with high quality branded products will be a major step in our quest to be a leading apparel company. Along with golf clothing, we will offer shoes, golf bags, gloves, sunglasses, and a whole line of complementary products. We have targeted a number of countries for our planned expansion and are ready to implement our marketing activities upon conclusion of our negotiations. The popularity of golf worldwide is enormous and we would certainly expect that our entry into this booming, multi-billion dollar industry would be very positive for further major revenue growth, along with opening up many new world markets for all of our products."

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 Explorer, Inc. (Explorer Headgear), a manufacturing, import and distribution company for the Promotional Products Industry in Canada; 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.

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.explorergear.com

© 2005 PRNewswire


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