Veltex Corporation (VLXC)

[SkeBallLarry]

Press ReleaseSource: Veltex Corporation
Veltex Corporation Names OTC Live, Inc. as Their Primary Investor Relations Group
Monday January 13, 9:10 am ET
DIAMOND BAR, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Veltex Corporation (OTC: VLVT - News) is pleased to announce OTC Live, Inc. as their primary investor relations group. OTC Live Inc. has a deep network of connections in the investment community. This network ranges from Retail Brokers, Fund Managers, Promotional Companies, Investment Bankers and Senior Level Management Consultants.
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OTC Live's Managing Director, Stephen A. Taylor states "Based on initial discussions with Veltex's Chairman and CEO, Javeed Matin, VLVT appears to be a true diamond in the rough, emerging growth company. I have spoken with a majority of the senior management and have become very interested in all aspects of the company, especially the trucking division. We have several initiatives planned for VLVT in the near future and look forward to working with Javeed and his management in taking his Company to the next level."
Commenting on Veltex's progress, Mr. Matin reiterated his strong outlook for 2003 capped off by continued record growth within the trucking division.
Veltex Corporation is a diversified holding company comprised of four divisions: Trucking; Distribution, specializing in caps, apparel and apparel accessories for the Promotional Products Industry; Manufacturing, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and Marketing specializing in online marketing and promotions for the vacation ownership industry. Trucking and distribution subsidiaries are located in Memphis, Tennessee. Manufacturing is located in Bangladesh. Marketing is located in the headquarters offices in Diamond Bar, California.



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