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Bullhide to File Form 10-SB

21 September 1999

Bullhide to File Form 10-SB

    DEERFIELD BEACH, Fla.--Sept. 21, 1999--Bullhide Corporation (OTC BB:BULHE) announced today that it fully intends to comply with the National Association of Securities Dealers' (NASD) reporting requirements for OTC Bulletin Board companies.
    On September 7, 1999, the NASD appended Bullhide's trading symbol with an "E", which indicates that Bullhide has not yet filed its Form 10-SB. Bullhide must do so within thirty days of having its symbol appended with the "E" in order to continue being quoted on the OTC Bulletin Board.
    Bullhide is confident that it will meet the reporting requirements within the requisite time frame. "Bullhide's SEC counsel is working diligently to complete Bullhide's Form 10-SB and they intend to file this week. Although we have experienced some delay in filing, Bullhide expects that it will clear SEC's comments by its due date of October 7, 1999. In the unlikely event that it does not meet this deadline and is no longer eligible for quotation on the OTC Bulletin Board, Bullhide will continue to respond to any SEC comments as quickly as possible in order to reinstate its trading authority on the OTC Bulletin Board", stated W. Gordon Freeman, Chief Executive Officer of Bullhide.
    Bullhide 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.