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Sealant Solutions, Inc. Acquires Exclusive Distribution Rights to Lady Ole and NQ-10 Products

    CORAL SPRINGS, Fla.--Oct. 1, 2001--Sealant Solutions, Inc. (the "Company") (OTCBB:SSLU) has acquired exclusive distribution rights to Lady Ole and NQ-10 in the United States, Canada, Far East, Middle East, and Puerto Rico.
    Cosmotex Internacionales, S.A. de C.V. ("Cosmotex") is one of the leading cosmetics manufacturer and distributor's in Mexico with over 300 department stores, company stores, and specialty retailers selling their upscale brand name Lady Ole and NQ-10 products (`Products") including Wal-Mart, Costco, and K-Mart in Mexico. Cosmotex sells their products through limited distribution channels in other parts of the world.

    Products

    Makeup - The Company plans to carry, market and sell a full array of Lady Ole makeup products including lipsticks, mascaras, eye shadows, and nail polishes. Of these products, many are offered in an extensive assortment of shades and colors.
    Hair and Body - The Company plans to offer a variety of fragrance products for women. The fragrances are sold in various forms including shampoos, conditioners, lotions, massage and cellulite creams based on a particular fragrance.

    Cosmetic Industry

    In 2000, $6.8 billion annual sales were in department store cosmetics, up 5% from 1999. According to NPD BeautyTrends, the skincare, makeup and fragrance retail tracking unit of leading marketing information provider The NPD Group, Inc., growth occurred in all categories. The highest growth was in makeup and skincare of 6%, with fragrances increasing 4%.
    The Company's initial goal is to capture a percentage of these sales by marketing Lady Ole and NQ-10 cosmetics to the Hispanic market of over 36 million people in the United States alone. The Company's marketing plans include participation in trade shows, television and radio commercials, magazine ads, direct mailings and Internet promotions to targeted markets. The Company has entered into discussions with representatives of various celebrity personalities to endorse the product line in print ads, radio and television commercials.
    As the Company continues its viable path of restructuring, Mr. Parrish, President of the Sealant Solutions, Inc., believes the addition of these products is key with the upcoming holidays. "The Company is in full support of Mr. Parrish's vision and believes the Company will be very successful with the addition of the new product lines," stated Michael Fasci, Chief Executive Officer and Chairman of the Board of the Company.
    Sealant Solutions, Inc. is a holding company with exclusive marketing rights to market Lady Ole and NQ-10 cosmetics, universal paint sealants and recreational gas and electric powered Motorbikes designed exclusively for specialized markets.

    Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.