FORT WORTH, Texas, Nov. 17, 2004 (PRIMEZONE) -- Catalyst Lighting Group, Inc. (OTCBB:CYSL) announced today that its subsidiary, Whitco Company, LP, has entered into a distributor agreement with Salmeen Gen. Trading & Cont. Est. for distribution of its products in Kuwait.
Currently, pre-qualification is underway with various Kuwaiti offices and corporations for Whitco products, although sales are not expected to occur for at least a few months as approval, quotation and potential allocation of contracts will take time to proceed through the proper channels.
Dennis Depenbusch, CEO and Chairman of the Board of Directors of Catalyst stated, "This agreement represents one small step in growing our international sales distribution channels. We are hopeful our first step with Salmeen in Kuwait will allow us to participate in development contracts there and assist us in developing further relationships with other countries in the Middle East."
About Catalyst Lighting Group, Inc.
Catalyst Lighting Group is headquartered in Fort Worth, Texas. Through its sole subsidiary, Whitco Company, LP, Catalyst manufactures and markets lighting poles for the commercial and industrial markets. The company sells and distributes its products through a network of more than 70 agents stationed throughout the United States. More information about Catalyst Lighting Group, Inc. may be found on the company's Web site, www.catalystlighting.com.
Certain of the above statements contained in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results, events and circumstances (including future performance, results and trends) could differ materially from those set forth in such statements due to various factors, risks and uncertainties, including but not limited to, risks associated with Catalyst Lighting Group, Inc.'s future growth and operating results, the uncertainty of market acceptance of the company's products, technological change, competitive factors and general economic conditions. Catalyst Lighting Group, Inc. has no duty and undertakes no obligation to update such statements