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Brite-Strike Tactical Illumination Products, Inc.'s Board Approves Share Buyback

Tue. January 06, 2009; Posted: 08:01 AM
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KINGSTON, MA, Jan 06, 2009 (MARKET WIRE via COMTEX) -- BSTI | Quote | Chart | News | PowerRating -- Brite-Strike Tactical Illumination Products, Inc. (PINKSHEETS: BSTI) announced today that its Board of Directors approved the buyback of up to 2 million shares of its common stock in the open market over the next 6 months. "We believe our current share price significantly undervalues the growth potential of our business model," said Glenn Bushee, President of Brite-Strike. "Although our revenues this year were almost double last year, we believe the real exponential growth will start in 2009. We are building a brand, and pioneering a defensive tool that can disarm assailants from over 20 feet away. We receive testimonials from customers every day, many saying that this is one of the best products they have ever purchased. Parents are now purchasing lights and sending them to their sons in the military overseas. We will continue to pursue our initiatives with the military, police forces, and distributors around the world, until our passive defensive system becomes the world standard. We feel our company is uniquely positioned in this tough economic environment, with sales to Federal and state law enforcement agencies, as well as contracts with the DOE Security Forces at the nations' nuclear power plants, and potentially, the US Military."

In another related development, the company was informed that its "Blue-Dot" Tactical Flashlights, and its Tactical Balls, were given extremely favorable write-ups in the December issue of "Tactical Response" Magazine, one of the most widely followed trade magazines for military and law-enforcement professionals around the world. "This will be received very favorably when we attend the 'Shot Show' in Orlando, Florida during the month of January," said Mr. Bushee.

About Brite-Strike Tactical Illumination Products, Inc. (PINKSHEETS: BSTI)

Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed. For more information on the Brite-Strike product line, please visit: http://www.brite-strike.com. Law Enforcement and military personnel are eligible for discount pricing. Contact Customer Service at customerservice@brite-strike.com or (781)585-5509 for further details.

Forward-Looking Statements:

This release contains 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact Information: Jack Lennon VP of Finance (774) 994-2709 Dennis Evanson Investor Relations (719)534-0292

SOURCE: Brite-Strike Tactical Illumination Products, Inc.

For full details for BSTI click here.

    


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