J.T. Granatelli Lubricants, Inc. Releases Infomercial in Russia
3 December 1998
J.T. Granatelli Lubricants, Inc. Releases Infomercial for Sale of Its Products in RussiaCAMARILLO, Calif., Dec. 2 -- J.T. Granatelli Lubricants, Inc. (OTC Bulletin Board: LUBR) has announced today that Union Construction Enterprises, the company that was instrumental in the acquisition of government certification for sales of J.T. Granatelli Lubricants, Inc. products through the Commonwealth of Independent States in Russia, has begun airing a Infomercial for product sales into the region. The Infomercial, produced in a joint effort between J.T. Granatelli Lubricants, Inc. and Union Construction Enterprises is aimed directly at the Russian market. According to George Fencl, secretary for J.T. Granatelli, Union Construction is the perfect partner for such a undertaking aimed directly at the Russian market. With headquarters in Kaleningrad and Laguna Niguel, California, Union Construction is very knowledgeable of the Russian market and was in a position to guide the production of the Infomercial so it speaks directly to the consumers in that market. The release of the Infomercial follows a recent order from Union Construction for purchase of a large quantity of product. Officials of Union Construction stated that they waited until receipt of their order before releasing the Infomercial to be sure they would have a adequate stock of product on hand to fill the anticipated response to the Infomercial. In addition to the Infomercial, Union Construction is also embarking on a series of print ads that also promote the products. J.T. Granatelli, Inc. manufactures, markets, sells and distributes its proprietary line of motor oil, general household and motor vehicle lubricants and contiguous products to the global marketplace. J.T. Granatelli, Inc. trades publicly under the symbol LUBR on the Nasdaq Bulletin Board. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involves risk and uncertainties, including primary customer order rates, cancellations, late delivery of customer components which cause production delays, dependence upon certain customers, dependencies upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, limited trading market and volatility of stock prices, foreign currency fluctuation, conflicts of interest, and other risk factors detailed in the Company's applicable SEC filings.