Liteglow Industries, Inc.'s Correction To Press Release Dated November 4, 2002 Concerning Reported Record Sales & Earnings For The Year To Date 2002

    POMPANO BEACH, Fla.--Nov. 6, 2002--Spencer Krumholz, Chairman and Chief Executive Officer, and Michael Krumholz, President of Liteglow Industries, Inc. (OTCBB:LTGL), reported record sales and earnings for the period ending Sept. 30, 2002. The Company's press release on November 4, 2002 inadvertently issued incorrect amounts for Net Income for the period ending September 30, 2002 and 2001. For the nine months ended Sept. 30, 2002, the cumulative sales, earnings, and improvements are as follows:

                               Sept. 30, 2002        Sept. 30, 2001
----------------------------------------------------------------------
SALES                            $9,540,447             $4,042,047
INCOME FROM OPERATIONS           $1,423,831             $  282,963
NET INCOME                       $1,254,175             $  318,478
EARNINGS PER SHARE (a)(b)               .32                    .07
FULLY DILUTED/PER SHARE (c)(d)          .14                    .03

(a) Based upon 3,889,423 weighted average shares outstanding basic at
    September 30, 2002.
(b) Based upon 4,273,287 weighted average shares outstanding basic at
    September 30, 2001.
(c) Based upon 8,889,423 weighted average shares outstanding diluted
    at September 30, 2002.
(d) Based upon 9,273,287 weighted average shares outstanding diluted
    at September 30, 2001.

    Liteglow continues to increase its national advertising and the distribution of the Company's products through national automotive and electronics retailers, resulting in the recognition of Liteglow as a national brand name.
    For more information or an investor information package, contact Liteglow Industries, Inc. at 800/801-GLOW (4569), or e-mail to spencer@liteglow.com. Fax number is 954/971-5117. Don't forget to visit our website at: http://www.liteglow.com .

    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.