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Bullhide Liner Announces a Min Increase of $1.1M in Annual Revenues

31 March 1999

The Bullhide Liner Corp. Announces a Minimum Increase of $1.1 Million in Annual Revenues

    SPOKANE, Wash.--March 31, 1999--The Bullhide Liner Corp. (OTC BB:BULH) announced Wednesday that it has signed an agreement with its second original equipment manufacturer (OEM) in the state of Colorado.
    Located in Denver, this manufacturer has construction industry applications for commercial use primarily in apartment buildings and condominiums, all of which will be spray molded with Bullhide 2000. This will allow the manufacturer to gain a competitive advantage by addressing the construction industry's unique need for slip resistant and corrosion resistant products. With a national following from its other locations in cities such as Houston, Atlanta, Phoenix and Dallas, this manufacturer expects to build at least 600,000 square feet of product in 1999, and to ramp up to 1.2 million square feet of product within two years.
    According to W. Gordon Freeman, chief executive officer of Bullhide: "Based on the manufacturer's projections, this agreement could increase Bullhide's annual revenues by a minimum of $1.1 million this year, and by up to $2.2 million in the second year. The manufacturer plans to showcase its Bullhide coated products at industry trade shows providing Bullhide with tremendous exposure to the construction industry."
    The Bullhide Liner Corp. has a revolutionary patent pending polyurethane-based material initially targeted for the pick-up truck bedliner market. With its superior strength, toughness, anti-skid properties and excellent chemical resistance, Bullhide has expanded into the industrial flooring market. Additionally, when spray molded onto metal, wood, fiberglass or concrete, this product provides superior protection from corrosion and deterioration. For more information visit Bullhide's web site at www.bullhide.com.

    This material was prepared by Strategic Investors Group (SIG) for the company discussed herein, based upon company supplied information or other sources believed to be reliable. The information is not guaranteed by SIG for accuracy or to be all inclusive. The foregoing discussion contains forward-looking statements that involve risks and uncertainties. Actual results could differ from those discussed in this release. This material is for informational purposes only and is not an offer or solicitation to buy or sell securities. SIG, its affiliate, and/or its officers, directors and employees may from time to time have a position in these securities.