Los Angeles Ca (Fall/Winter 2006) Litewave Corp. (OTCBB: LTWV) is pleased to announce that its recently drilled wells are being brought on line at significantly higher rates that the original group of wells. Operating personnel are continuing to install pumps and tanks to deal with the water being produced by the wells. During 2006, the company has had considerable success in finding new sources of natural gas. Though production limitations from the summer have affected our revenue, cash flow is anticipated to be more consistent by early next year. The intermittent operations during the summer, resulted in some of the high volume wells falling off. Two of the wells have been fractured. It is anticipated that this well increase production to the former level. Before Christmas extreme cold weather caused the system to be shut in for two weeks. All of the operators involved are winterizing equipment to deal with further cold spells.