GREAT FALLS, Mont., June 12, 2003 (PRIMEZONE) -- Victor Industries, Incorporated (OTCBB:VICI) announced today that Josh Gager, President and CEO of New Wave Media, Inc. and Rick Pontz of The Lawn and Garden Performance Group, LLC were recently interviewed by Tom Allinder of HotStockChat.com. During the interview Josh Gager discussed New Wave Media's merger with Victor Industries, Inc., the Company name change to New Wave Media, Inc. and subsequent Ticker symbol change. Also discussed was New Wave Media's business strategy, cash flow, profits and general business plan of operations. Rick Pontz answers a variety of questions about the INVIROLIZER Product and The Lawn and Garden Performance Group successful start regarding the marketing of the Product. The interview can be accessed at http://www.hotstockchat.com and at http://www.tradersnation.com/radio.shtml.
With regard to the interview and statements made during the interview, the following applies:
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Victor Industries neither confirms nor provides guidance with respect to the financial projections supplied by other companies. Victor Industries, Inc. takes no obligation to update or correct forward-looking statements.