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BULLHIDE Liner Corp. Signs with Mr. Logan Pierson as First Master Distributor for the Company

SPOKANE, Wash., Jan. 13 /PRNewswire/ -- The BULLHIDE Liner Corp. (OTC Bulletin Board: BULH) announced today that Mr. H. Logan Pierson has made an equity investment in the company and has contracted as the first Master Distributor for BULLHIDE Liners. His territory includes Florida (20 planned locations in 36 months), Wyoming (5 planned locations), South America and Central America. The first installation center will be open February 1998 in Stuart, FL with 5 more planned to be operational in Florida by December 1998. Mr. Pierson has also been appointed to the Board of Directors.

Mr. Pierson estimates his investment as a Master Distributor will reach approximately $2,500,000 for the 20 locations in Florida and 5 in Wyoming over a 3-year period. Mr. Pierson expects the 25 locations, when fully operational, to generate $14,550,000 in yearly revenues. This would translate into $3.5 million in revenue to BULLHIDE Liner Corp.

Logan Pierson has more than 18 years experience in the auto industry. He has held the position of V.P. of Fleet Operations and Group V.P. of Corporate Affairs for Southeast Toyota -- a regional distributorship for 161 Toyota dealerships in the Southeastern United States and a $5.5 billion Fortune Top 30 privately held company. His experience in working with dealership owners and his industry contacts should enable Bullhide to penetrate this market more quickly than originally planned.

The BULLHIDE Liner Corp., established in 1993, has a revolutionary patent pending material, BULLHIDE(R) Liner -- initially targeted for the pick-up truck bedliner market. The marine, decking, industrial flooring, and trailer markets offer additional growth areas. When spray molded onto metal, wood, fiberglass or concrete, this amazing product provides superior strength, toughness, chemical resistance and protection from wear and deterioration.

This material was prepared by The Hawke Group, Inc. ("Hawke") for the company discussed herein, based upon company supplied information or other sources believed to be reliable. The information is not guaranteed by Hawke for accuracy or to be all inclusive. The foregoing discussion contains forward-looking statements that involve risks and uncertainties. Actual results could differ from those discussed in this release. This material is information only and is not an offer or solicitation to buy or sell the securities. Hawke, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities.

SOURCE The Hawke Group, Inc.
 -0- 1/13/98


/CONTACT: The Hawke Group, 954-564-7114 or fax, 954-564-9848/

/Web site: http://www.bullhide.com/

(BULH)

CO: BULLHIDE Liner Corp. ST: Washington IN: TRN CHM SU: CON

KW-VP -- FLTU016 -- 7907 01/13/98 10:27 EST http://www.prnewswire.com
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Publication:PR Newswire
Date:Jan 13, 1998
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