Austin, TX March 27, 2004"-Lumatec Industries, a leading manufacturer of innovative lighting accessories, introduces the Octopus screwdriver. With Octopus being one of 18 new products Lumatec has introduced in the past six months, the company is truly expanding its horizons. Octopus is a multi-purpose screwdriver and flashlight that has four Phillips head drivers and four slotted drivers, including mini-sizes. It is used for working on computers, eyeglass repair, around the home, and can even be stored in a glove box for emergencies. Octopus comes with a powerful built-in flashlight for working in dark spaces, and the product's compact design makes it ideal for travelers or a variety of home or office challenges.Lumatec moved the introduction of Octopus to March to coincide with the moms/dads and grads gift season. "Octopus continues Lumatec's commitment to provide our retail partners with unique solutions to common concerns, " says Byron Faulkner, VP - Retail Division. The Octopus, in combination with Lumatec's existing line of "Tools & More," provides retailers a wide range of men's gift ideas to offer consumers. The Octopus runs on 2 AAA batteries, and has a suggested retail price of $15.00. The unit can be purchased from specialty retail stores nationwide or directly from the Lumatec web site (www.lumatec.com). Lumatec is a manufacturer of high performance lighting products that are sold through specialty retailers and catalogs nationwide. Lumatec is celebrating its 10th year in business with the release of over 18 new items for 2004. Lumatec products offer a wide range of price points and uses, including outdoors, reading solutions, around the home and executive travel. Other Lumatec products include the NiteOwl book light, FlashCard " the world's first flat flashlight " and Glacier lighted pen. Members of the press can request a full line retail catalog or learn more about Lumatec's products by contacting Mina Saifi at 800-651-2460, ext. 121.