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Bullhide Completes Move to Deerfield Beach, Florida and Saves $250,000 Annually

9 June 1999

Bullhide Completes Move to Deerfield Beach, Florida and Saves $250,000 Annually

    DEERFIELD BEACH, Fla.--June 9, 1999--The Bullhide Liner Corporation (OTC BB:BULH) announced today that is has completed restructuring the Company by closing its corporate office in Spokane, Washington, and moving it permanently to Deerfield Beach, Florida, saving Bullhide approximately $250,000 in annualized costs.
    A substantial portion of the savings will be achieved by: sharing a training facility with Bullhide's Florida distributor, PolySolutions, Inc.; eliminating non-essential personnel; and, eliminating non-essential overhead including, but not limited to, unnecessary office and warehouse space.
    Certain parts of the former Spokane, Washington operation were sold, as a dealership, to a long term employee of Bullhide's, Mr. Michael Spring. Mr. Spring, Bullhides most experienced technician, believes that by concentrating on mobile operations, he can double the revenues of that which was once Bullhide's Company Store. "Bullhide has developed an excellent reputation in the Spokane area, and I expect to be very successful over the very short term", said Mr. Spring.
    The Bullhide Liner Corporation 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; chemical containment; sound dampening; waterproofing; and, equipment protection. 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 affiliates, and/or its officer, directors and employees may from time to time have a position in these securities.