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Bullhide Signs Sixth Master Distributor

29 June 1999

Bullhide Signs Sixth Master Distributor, Which Will Add $800,000 in Annual Revenues

    DEERFIELD BEACH, Fla.--June 29, 1999--The Bullhide Liner Corporation (OTC BB:BULH) announced today that it has signed a new Bullhide/Quarra master distributor, bringing its total number of master distributors to six.
    Performance Surfacing, Inc. (PSI), based in Chicago, IL, has an exclusive contract with Bullhide to open eight (8) additional stores, by December 15, 2002, in six counties in the Chicago greater metropolitan area. According to the contract's ramp-up schedule, PSI will add $85,000 in initial revenues, approximately $180,000 in revenues within the first year, and approximately $800,000 in annual revenues once all locations are fully operational.
    "While we are continuing to sign dealers at a rapid pace, we have recently switched our emphasis to signing master distributors, since this allows for a greater return on the costs associated with expanding Bullhide's dealer network. In this light, we expect to sign several additional distributors over the next few weeks," stated Mr. W. Gordon Freeman, Chief Executive Officer of Bullhide.
    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.