whytestocks
5 years ago
News: $NTIC Northern Technologies International Corporation Reports Financial Results For Second Quarter Fiscal 2019
MINNEAPOLIS, April 05, 2019 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the sec...
Got this from https://marketwirenews.com/news-releases/northern-technologies-international-corporation-reports-financial-results-for-second-quarter-fiscal-2019-7951170.html
SuperSquirrel
14 years ago
Northern Technologies International Corporation Reports the Resignation of Dr. Donald A. Kubik
Date : 08/30/2010 @ 12:02PM
Source : GlobeNewswire Inc.
Stock : Northern Technologies International Corporation (NTIC)
Quote : 9.3999 -0.5901 (-5.91%) @ 3:50PM
Northern Technologies International (MM) (NASDAQ:NTIC)
Northern Technologies International Corporation (Nasdaq:NTIC) today reported the resignation of Dr. Donald A. Kubik (age 70) as Director and as Vice-Chairman of the Board of Directors due to health concerns. Upon receiving this news, the Board of Directors invited Dr. Kubik to continue to serve the Company as both a Director Emeritus as well as a consultant to various R&D projects.
G. Patrick Lynch, President and Chief Executive Officer of NTIC, said, "Don Kubik has made immeasurable contributions to the Company during his 32 year tenure with the company, both as a Director and an employee. We are deeply grateful for all he has done for NTIC, and are saddened by the circumstances that have caused Don to step down as a Director. All concerned, however, know that Don will always take action in the best interests of this Company which he helped to build."
The NTIC Nominating Committee is continuously searching for highly qualified Directors, but there are neither immediate plans nor regulatory requirements to replace the vacancy Dr. Kubik has created.
About Northern Technologies International Corporation
Northern Technologies International Corporation develops and markets proprietary environmentally beneficial products and technical services either directly or via a network of joint ventures and independent distributors in over 50 countries. NTIC's primary business is corrosion prevention. NTIC has been selling its proprietary ZERUST® and EXCOR® rust and corrosion inhibiting products and services to the automotive, electronics, electrical, mechanical, military and retail consumer markets, for over 30 years. NTIC also offers worldwide on-site technical consulting for rust and corrosion issues. NTIC's technical service consultants work directly with the end users of NTIC's products to analyze their specific needs and develop systems to meet their technical requirements. In addition, NTIC markets proprietary bio-plastic technologies under the Natur- Tec® brand. Finally, NTIC's Polymer Energy® joint venture manufactures and sells advance waste plastic to fuel conversion machines. and is in various stages of development with respect to several other emerging businesses.
The Northern Technologies International Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5481
Forward-Looking Statements
Statements contained in this press release
that are not historical information are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995. Such statements include our expectations regarding the future performance of our new businesses and other statements that can be identified by words such as "expect," "intend," "continue," "anticipate," "estimate," "potential," "will," "would," or words of similar meaning and any other statements that are not historical facts. Such forward-looking statements are based upon the current beliefs and expectations of NTIC's management and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied. Such potential risks and uncertainties include, but are not limited to, in no particular order: NTIC's dependence on the success of its joint ventures and technical fees and dividend distributions that NTIC receives from them; NTIC's relationships with its joint ventures and its ability to maintain those relationships; risks associated with NTIC's international operations; exposure to fluctuations in foreign currency exchange rates; the current financial crises affecting the U.S. and worldwide banking system and financial markets; contraction of the U.S. and worldwide economies, including in particular the U.S. automotive industry; the level of growth in NTIC's markets; NTIC's investments in research and development efforts; acceptance of existing and new products; increased competition; the success of NTIC's new businesses; the costs and effects of complying with changes in tax, fiscal, government and other regulatory policies, including rules relating to environmental, health and safety matters, NTIC's reliance on its intellectual property rights and the absence of infringement of the intellectual property rights of others, the ability of NTIC's lender to declare outstanding indebtedness immediately due and payable and current and potential litigation. More detailed information on these and additional factors which could affect NTIC's operating and financial results is described in the company's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. NTIC urges all interested parties to read these reports to gain a better understanding of the many business and other risks that the company faces. Additionally, NTIC undertakes no obligation to publicly release the results of any revisions to these forward-looking statements, which may be made to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events.
CONTACT: Northern Technologies International Corporation
Investor and Media Contacts:
Matthew Wolsfeld, CFO
(763) 225-6600
MorningLightMountain
14 years ago
what "pollution"????
The Polymer Energy System
Polymer Energy® offers a viable, economical and environmentally responsible alternative to current methods of recycling and disposal of plastic waste. The Polymer Energy system uses catalytic pyrolysis to efficiently convert plastics (primarily polyolefins) into crude oil.
The Polymer Energy system is modular in design. A single module can produce up to 775 litres of crude oil for every ton of typical plastic waste processed. System capacity can range from 200 tons to 400 tons of plastic wastes processed per month. Overall plant capacity can be easily scaled up by adding additional modules.
The Polymer Energy system is very robust by design, and can easily handle plastic that is contaminated with other kinds of waste such as metals, glass, dirt, water, etc. The system can tolerate up to 25% of other waste in the input plastic waste stream. As a result, a key advantage of this process is that the plastic wastes do not need to be pre-sorted, cleaned or dried prior to processing, which in turn significantly reduces the overall cost of operation.
The output crude oil is high-grade and can be further processed in a refinery or used to power low-rpm machines such as electric generation turbines.
We also provide consulting services for recycling polymeric materials into fuels for use in the generation of power or energy, including converting plastic waste into fuels and other value added products.
http://www.polymerenergy.com/
laurap
14 years ago
another nice write up for ntic:)
You've Got to Check out These 3 Sleeper Stocks
Ian Wyatt, On Friday July 9, 2010, 9:42 am EDT
In yesterday's letter, Making the Microcap Index Adds Cache, I wrote that "Several of the companies that have been selected to join the [Russell] microcap index have the potential to make significant gains over the second half of this year - but just making the index alone doesn't guarantee share price appreciation. The companies need to perform - and we only want to get in on the best ones."
Today I'm introducing you to three of the best. These are three tiny companies that have to potential for eye popping gains. Of course, they are risky investments as well simply because of their miniscule size - but it's much more likely that a sub-$100 million market cap company will triple, or more, in size than a company worth $5 billion. ...
Sleeper Stock #1: Northern Technologies International Corporation (NasdaqGM:NTIC - News)
Northern Technology International Corporation makes protective coatings and eco-friendly polymer resin compounds. It's a tiny company, the market cap is only $42 million, and it trades on very thin volume of only around 2,000 shares a day - so be aware that share price volatility is the norm. Despite its tiny size, the company has international exposure - in the last quarter 20 percent of sales came from outside of the U.S.
Northern Technology's stock price has been strong over the last year. After hitting a low of $5 last June it has risen nearly 100% to close at $9.85 yesterday. The stock is trading in a nice upward channel, and has recently pulled back to a level that suggests now is a great time to buy.
Analysts are forecasting strong earnings growth of 156 percent this year and 70 percent in 2011. And I'm not talking just pennies in earnings either like many micro-caps report - Northern Tech is expected to earn $0.50 per share this year. What's more, income growth isn't just about cutting costs. Revenue growth is projected to be 42 percent this year, and 36 percent in 2011.
The company has no long-term debt, but also doesn't have a ton of cash on hand - so cash flow is absolutely critical. With a forward PE of just 11.6 and a PEG ratio of .79, Northern Technologies is a sleeper stock worth your attention if you can handle the nightmarish liquidity.
http://finance.yahoo.com/news/Youve-Got-to-Check-out-These-smallcapinvestor-1281555738.html?x=0&.v=1
Wyatt Research was founded in 2001 as an investment research focused publisher of information for active individual investors. The company offers independent research and analysis of the financial markets, stocks, bonds, ETFs, and mutual funds to +250,000 individual investors through a variety of investment newsletters, trading alert services, and e-letters.