Steadfast Holdings Group, Inc. Announces Agreement Expected to Be Worth $637,500
* Reuters is not responsible for the content in this press release.
WEST PALM BEACH, FL, Jan 15 (MARKET WIRE) --
Steadfast Holdings Group, Inc. (PINKSHEETS: STHG) announced it has entered
into a Private Label / Distribution Agreement with Tonneau Masters. The
Agreement calls for Tonneau Masters of Lexington, KY to produce a Private
Label product for Steadfast which in turn will distribute them through their
increasingnumber of locations.
John Calash, CEO of Steadfast Holdings Group, Inc., stated, "This deal could
be worth as much as $637,500 in gross revenues when spread out over 50 stores,
which is the Corporation's goal to have opened in 2008."
About Tonneau Masters
Tonneau Masters has become a driving force in the automotive aftermarket
industry,
setting the standard for all other vinyl tonneau cover manufacturers. Located
in Newton Falls, Ohio, Tonneau Masters, the largest employer in the area, serves
thousands of customers nationwide with quality products at affordable prices.
Tonneau Masters is a company that thrives on offering the most innovative,
high quality products in the automotive accessory aftermarket. In 1993, the
Tonneau
Masters became the first company to offer a frame mounted, hinged, vinyl
tonneau cover. Tonneau Masters was also the first company to offer vinyl tonneau
covers for trucks with toolboxes. Additional information may be found at
www.tonneaumasters.com.
About Steadfast Holdings, Inc.
Steadfast Holdings distributes a variety of products to the automotive
aftermarket.
The core business is its spray on truck bed protection product which offers
specially formulated polymers that permanently bond to the truck's bed. The
Company's spray-on Polyurea is a remarkable technology with a range of uses
limited
only by your imagination. They are also utilized in commercial, industrial,
agricultural, military and custom applications when this tough coating is used
to protect everything from metals to concrete against chemicals, solvents,
fuel, etc. The Company is a licensed dealer for the following aftermarket
products: A.R.E. Truck Caps and Lids, Tool Boxes, Nerf Bars, Tube Steps,
Running Boards, Rack Systems, Rail Caps, Tonneau Covers, Fender Flares, Grilles,
Visors, Bug Shields, Roll-Up Covers, Side Rails, Mud Guards, Floor Mats, Lights,
TrailerHitches, Stainless Steel Accessories and Lift Kits. Steadfast has
distribution agreements with many major manufacturers. Additional information
may be
found at www.steadfastlinings.com.
Safe Harbor
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange
Act of 1934, and as that term is defined in the Private Securities Litigation
Reform
Act of 1995. The company intends that such statements about the Company's future
expectations, including future revenues and earnings, and all other
forward-looking statements be subject to the safe harbors created thereby.
Since these statements (future operational results and sales) involve risks and
uncertainties and are subject to change at any time, the Company's actual
results may differ materially from expected results.
CONTACT:
Steadfast Holdings Group, Inc.
Investor Relations
561-820-2444
Copyright 2008, Market Wire, All rights reserved.
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