Mile Marker International, Inc. Announces Third Quarter 2005 Results

POMPANO BEACH, Fla.--Nov. 8, 2005--Mile Marker International, Inc. (OTCBB:MMRK), a specialty vehicle parts distributor, today announced its third quarter 2005 financial results.

In its Form 10-QSB filing with the U.S. Securities and Exchange Commission today, Mile Marker International, Inc. announced that it earned net income of $377,731, or $0.04 per common share, for the third quarter ended September 30, 2005, based on sales revenues of $4,464,747. During the same period in 2004, the Company reported net income of $333,959, or $0.03 per common share, based on sales of $3,942,639.

Sales revenues were $17,966,675 for the first nine months of 2005, compared to $16,922,446 for the first nine months of 2004 and $23,336,084 for the full year of 2004. Net income for the first nine months of 2005 was $2,106,431 compared to $2,564,829 for the first nine months of 2004 and $3,552,729 for the full year of 2004. Fully diluted earnings per share were $0.21 in the first nine months of 2005, compared to $0.26 for the first nine months of 2004 and $0.36 for the full year 2004.

Richard Aho, President and CEO of Mile Marker International, Inc., said: "We are pleased that our third quarter sales and income both grew by 13% over the same period in 2004 without the benefit of any major military orders this quarter. As we have always stressed, our quarterly results are volatile due to the timing of purchase orders under our military contracts. The timing of the potentially $55 million in military orders under our five multi-year military contracts is unpredictable, intermittent and highly dependant upon government budgetary priorities and considerations. However, we've had to make significant investments in inventory, facilities and personnel in order to be able to fulfill these military orders promptly as required by our contracts.

"During the third quarter, we took several steps to improve our short-term profitability without jeopardizing our ability to perform under our military contracts. And on October 6, 2005, we received another significant military order that is expected to be fully-shipped in the fourth quarter. Due to business interruptions resulting from Hurricane Wilma, we are anticipating announcing our fourth quarter dividend later this quarter as we recover and the scope of our financial results becomes more apparent. Any business losses and extra hurricane-related expenses incurred by the Company are expected to be recovered from our comprehensive insurance coverage."

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, ability to attract and retain key personnel and general economic conditions, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important risk factors that should be considered is contained in the Company's Annual Report on Form 10-KSB and its Form 10-QSB as filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.