CITY OF INDUSTRY, Calif., Oct. 13, 2004 (PRIMEZONE) -- Veltex Corporation (Pink Sheets:VLXC) today announces the completion of its new website. This website is a 600 page online store located at www.veltexapparel.com.
The Company will be sending a newsletter to the 60,000 members of the Advertising Specialty Institute (ASI) announcing its new website. ASI members are an important revenue source for Veltex and its new online store should help make future transactions even faster and more cost effective. Veltex believes that the website should open up numerous opportunities with customers who prefer online purchasing options.
Javeed Matin, Chairman and CEO states, "This is another step in the right direction for Veltex to help us achieve our goal of becoming a major player in the apparel industry. Now our products can be viewed globally instead of just by people who have received our catalogs."
Veltex Corporation is a vertical manufacturing, import and distribution company composed of three divisions: Veltex Apparel, specializing in the production and distribution of caps, apparel and apparel accessories for the Promotional Products Industry; Velvet Textile Mills, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and KCA Garment Industries, specializing in the manufacture of garments.
Safe Harbor: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to replace and expand.
For further information, please contact: Daniel Seifer at (248) 321-0121 or email: dseif2@aol.com