Liteglow Industries Announces Management Change
15 January 1999
Liteglow Industries Announces Management Change
POMPANO BEACH, Fla.--Jan. 15, 1999--Liteglow Industries Inc. (OTC BB:LTGLD), Friday announced the appointment of Lou Wiener, as chief operating officer for the company.
President and CEO Spencer Krumholz, stated: "With the combined operations of our recently acquired wholly owned subsidiaries Low Glow and B&B Associates, Mr. Wiener will be taking over the responsibility for the day to day operations, which will allow me and the rest of the management team to focus on generating new revenue and maintaining existing accounts."
Wiener headed up his own graphic and industrial design firm in New York City for over 25 years. During this time he created the PAAS Halloween Make Up Program for Shearing Plough Corp. which has continued to produce several million dollars in sales for the company. He also developed the package design for General Electric's Zoom Hair Blower line. He produced all the packaging, catalogs and trade shows for Matchbox Toys from 1974 through 1981. General Foods, Pepsi Cola, Home Care Products and Interdynamics Inc. were among other national accounts which Wiener serviced. He became COO for the Madison Triboro Group Inc. where he designed and built a 50,000 square foot factory which produced in-store fixtures for Clarion, Norelco and WalMart. Wiener moved to Florida where became the vice president of Manufacturing for Visual Scene Inc. From there he opened his own display factory and produced over one million in sales the first six months. This facility was sold to another display firm.
Wiener stated that a new computer package being installed now will assist in tighter inventory control and purchasing control and speed up the general business accounting process. All our divisions will be on line in real time in 1999. This combined with the improved factory and labor management will contribute to the company's bottom line and future expansion efforts. We are looking for a very solid year going into the next millennium.
Liteglow is a manufacturer, designer and importer of products for the automotive and electronic specialty markets. The U.S. automotive and electronic aftermarkets should exceed $300 billion in combined revenues this year.
Requests for an investor information package should be made by calling Liteglow Industries Inc. at 800/801-GLOW, or by e-mail at spencer@liteglow.com. You can also visit Liteglow at www.liteglow.com or Lowglow, a Liteglow subsidiary, at www.lowglow.com.