GloTech Teams With Race Kentucky Motorsports, Inc. to Introduce Products to The NASCAR Community

Company to Sponsor 'Kentucky Car' at Lowe's Motor Speedway 'Little Trees 300' Race on October 10, 2003

GAINESVILLE, Fla.; LOUISVILLE, Ky., Oct. 8 -- GloTech Industries, Inc. (BULLETIN BOARD: GTHI) www.glowbike.com , today announced that it has teamed with Race Kentucky Motorsports, Inc. to introduce the Company's electroluminescent products to the NASCAR racing community and that it will sponsor the 'Kentucky Car' at the Lowe's Motor Speedway 'Little Trees 300' Race on October 10, 2003.

"According to NASCAR statistics, there are now approximately 75 million race fans in the United States, auto racing is one of the fastest growing sports in the country, the second most popular sport on television, and third in licensed product sales," commented Heinz Fraunhoffer, Chief Executive Officer of GloTech Industries, Inc. "NASCAR represents a significant and growing potential market for our products, and we look forward to this and other sponsorship opportunities."

"I am excited to partner with GloTech Industries this coming weekend at Lowe's Motor Speedway," stated Jamie Mosley, Team Driver for Kentucky Motorsports, Inc. "This is a big weekend for us, with the debut of Race Kentucky Motorsports, and I am very pleased that GloTech will be a part of it. The best time to make a statement in the Busch Series is probably this weekend, when we plan to put on a great show under the lights in the heart of stock car country and in front of some of the most loyal fans in the sports world."

"GloTech will be promoting three of its products -- GlowHat(TM), GlowLogo(TM) and GlowVest(TM) -- to the approximately 170,000 race fans expected to attend the event," observed George Harman, Chairman of GloTech Industries, Inc. "We will also take advantage of this opportunity to introduce our products to other race teams and sponsors."

About Race Kentucky Motorsports, Inc.

Race Kentucky Motorsports, Inc. was formed to help promote "The Bluegrass State" and its many assets, from University of Kentucky Basketball to Thoroughbred Racing, as well as Kentucky-owned industries and corporations. The organization's goal is to bring more interest to the state of Kentucky while giving NASCAR fans a "homegrown" team to cheer for on the track. The entire Race Kentucky team is comprised of Kentucky residents; from the driver, Jamie Mosley, to the team owners and pit crew who service the car on raceday. The team will debut this coming weekend in the "Little Trees 300" at Lowe's Motor Speedway, in preparation for an all-out assault on the Busch Series in the 2004 season.

About GloTech Industries, Inc.

GloTech Industries, Inc., headquartered in Gainesville, Florida, is a technology-based company that develops, manufactures, and markets proprietary products, including GlowBike(TM), GlowVest(TM), GlowLogos(TM), GlowHat(TM) and The Wedge(TM), based on patent-pending electroluminescent (EL) technology developed at the University of Florida. The Company's products are directed to the vehicle safety, safety apparel, sports apparel and novelty markets. Corporate and institutional shareholders include FullCircle Registry, Inc. (BULLETIN BOARD: FLCR) and The University of Florida Research Foundation. The Company's common stock trades on the OTC Bulletin Board under the symbol "GTHI."