Expo Holdings, Inc. Issues Corporate Update
October 01 2009 - 10:20AM
Marketwired
Expo Holding, Inc. (PINKSHEETS: EXPH) Issues Corporate Update
In the past few weeks the company has shipped more than 25
truckloads of displays, to Lowe's Companies Inc. stores. Sales have
now significantly exceeded $200,000. This project will continue
into the foreseeable future and well into 2010.
The company is preparing to ship three etc. brand cabinet orders
with a cumulative value exceeding $40,000. These orders are for
commercial customers, for use in commercial applications. The
company is preparing new improved forecasts for 2010 sales
performance.
James D. Brown, CEO, stated, "As we press forward with our new
brand, we continue to expect light distribution in 2009 and heavier
distribution in 2010. However, we are pleased that the product has
been well received and there are now indications, we may need to
accelerate our growth plans. Our website easytoinstall.com has
caught the attention of at least one Fortune 500 retailer,
evidenced by them contacting us. This retailer was not approached
by our team prior to the website launch."
The company will be hosting a shareholder meeting during the 4th
quarter of 2009, at its headquarters in North Wilkesboro, NC. This
will be a great opportunity, for shareholders to meet our
management team, share their views, as well as learn about the
company's growth plans for 2010. Additional information will be
forthcoming. Second quarter financials will be posted to
pinksheets.com in the very near future.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays
is a wholly owned subsidiary of Expo Holdings, which specializes in
custom cabinetry and high end store fixtures for retail vendors
such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex,
USA, and Lowe's Companies. D&D Displays has been in operation
since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
27E of the Securities Act of 1934. Statements contained in this
release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
Contact: J.D. Brown D&D Displays, Inc. 336-667-8765
www.expoholding.com
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