Lehman Trikes cancels private placement



    TSXV - LHT

    SPEARFISH, SD, Aug. 18 /CNW/ - Lehman Trikes, Inc. (TSXV: LHT) announces
that it will not be proceeding with the proposed private placement announced
on July 24, 2008. The company anticipates that it will be able to finance its
planned facility expansion with its cash flow from operations.
    Lehman Trikes is traded on the TSX Venture Exchange under the symbol LHT;
for U.S. traders the symbol is LTRKF.

    Certain statements contained in this press release, including statements
which may contain words such as "could", "should", "expect", "anticipate",
"believe", "will", and similar expressions and statements relating to matters
that are not historical facts are forward looking statements. Such forward
looking statements involve known and unknown risks and uncertainties which may
cause the actual results, performances or achievements of the Company to be
materially different from any future results, performances or achievements
expressed or implied by such forward looking statements. Such factors include,
but are not limited to, general economic conditions, the rate of market
acceptance of and demand for the Company's products and services; the ability
to market the Company's products and services the status of competing products
and services; the Company's ability to attract and retain key personnel and
other factors.

    THE TSX VENTURE DOES NOT ACCEPT RESPONSIBILTY FOR THE ADEQUACY OR
    ACCURACY OF THE RELEASE





For further information:

For further information: Financial Information Contact: Timothy Kling,
CFO, Lehman Trikes USA, Inc., 125 Industrial Drive, Spearfish, SD, 57783,
Phone: (605) 642-2111, Fax: (605) 642-1184, Trading Symbol: LHT:TSXV, Email:
info@lehmantrikes.com or investorinfo@lehmantrikes.com, Website:
www.lehmantrikes.com

Organization Profile

LEHMAN TRIKES INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890