Bulova Technologies Group, Inc. (BTGI)

Major Shareholder of Bulova Technologies Group Increased Investment in the Company


Clearwater, FL -- (ReleaseWire) -- 12/14/2016 --Bulova Technologies Group, Inc. (OTCPK:BTGI) announced today that a major shareholder and debt holder of the Company has increased its investment in the Company at a price in excess of the market.

Stephen L. Gruba, President and Cheif Executive Officer, stated, "This stock purchase is a particularly significant because it meaningfully demonstrates the confidence which a major investor has in the future of the Company. We look forward to continuing to work with our investors to provide a successful future."

About Bulova Technologies Group, Inc.
Bulova Technologies Group, Inc., Bulova Technologies Compliance & Security LLC, Bulova Technologies Health Care Products LLC, Bulova Technologies Europe LLC and Bulova Technologies Machinery LLC's headquarters are located in Clearwater, Florida and BT-Twiss Transport LLC's headquarters are located in Largo, Florida.

Please visit our website at www.bulovatechgroup.com for more information.

Investors Contact:
Stephen L. Gruba

Statements about the Company's future expectations and all other statements 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 forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.

Source: Uptick Newswire