Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products announced today it has been named “Company of the Month” in the September 2009 issue of the investment newsletter, The Bowser Report.

Founded 33 years ago by its current editor and publisher, R. Max Bowser, The Bowser Report investment newsletter uses fundamental analysis to rate, select and recommend stocks that trade at or below $3.00 per share at the time of their recommendation. Each month The Bowser Report highlights one investment idea as its “COMPANY OF THE MONTH” and provides updates on past recommendations. For more information or a sample copy please visit http://thebowserreport.com.

John P. Wilmers, President and CEO of Ballantyne, commented, “We are grateful to Max Bowser for bringing the Ballantyne investment story to the attention of his subscribers. With industry leading digital cinema projection products and services and approximately $20 million in cash and no long-term debt, Ballantyne is ideally positioned for the global conversion from film-based projection to digital projection, a process we believe will continue to gain momentum in the coming months and quarters.”

About Ballantyne Strong, Inc.

Ballantyne Strong is a provider of digital cinema projection equipment and services as well as cinema screens, motion picture projectors and specialty lighting equipment and services. The Company supplies major and independent theater chains, top arenas, theme parks and architectural sites around the world. For more information visit www.ballantyne-strong.com.

Except for the historical information in this press release, it includes forward-looking statements that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results; customer demand for the Company’s products; the development of new technology for alternate means of motion picture presentation; domestic and international economic conditions; the management of growth; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings. Actual results may differ materially from management’s expectations.

Ballantyne Strong (AMEX:BTN)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Ballantyne Strong Charts.
Ballantyne Strong (AMEX:BTN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Ballantyne Strong Charts.