WLC Wellco Enterprises

Wellco Enterprises, Inc., (AMEX:�WLC) today announced that it has been awarded a Department of Defense contract to supply the U.S. Navy with Safety Flight Deck boots. This contract is for a one year period, with four one year options which are exercisable at the government�s discretion, with revenues estimated to range from a minimum of $3.1 million to a maximum of $7.3 million per year. The first delivery order has been issued for 38,000 pairs. This is a new product for Wellco to supply. Work will be performed at Wellco�s plant in Waynesville, North Carolina and it�s plant Moka Shoe Corporation in Aguadilla, Puerto Rico. Lee Ferguson, President and Chief Executive Officer stated, �We are elated to have received the new award for the Navy Safety Flight Deck Boots, as this broadens Wellco�s product offerings with the U.S. Military. Wellco Enterprises, Inc. specializes in the manufacture and development of military footwear and derives the majority of its revenues from the sale of military and tactical boots. Wellco is committed to providing high performance footwear and excellent service to the U.S. military and all its customers.