Johnson Outdoors Receives Military Tent Order
September 29 2005 - 4:33PM
Business Wire
Johnson Outdoors Inc. (Nasdaq:JOUT) today announced the Company has
received five separate military tent orders totaling $3.6 million.
All five orders are for Modular General Purpose Tent Systems
(MGPTS) with anticipated delivery in early calendar 2006. The
orders were awarded under the multi-vendor, multi-product contract
announced on September 7, 2005. The Company's outlook for military
tent sales in fiscal 2005 and fiscal 2006 remains unchanged. ABOUT
JOHNSON OUTDOORS INC. Johnson Outdoors is a leading global outdoor
recreation company that turns ideas into adventure with innovative,
top-quality products. The company designs, manufactures and markets
a portfolio of winning, consumer-preferred brands across four
categories: Watercraft, Marine Electronics, Diving and Outdoor
Equipment. Johnson Outdoors' familiar brands include, among others:
Old Town(R) canoes and kayaks; Ocean Kayak(R), Necky(R) kayaks;
Minn Kota(R) motors; Humminbird(R) fishfinders; Scubapro(R) and
UWATEC(R) dive equipment; Silva(R) instruments; and, Eureka! (R)
tents. The company has 24 locations around the world, employs 1,500
people and reported annual sales of $355 million in 2004. Visit
Johnson Outdoors online at www.JohnsonOutdoors.com. SAFE HARBOR
STATEMENT Certain matters discussed in this press release are
"forward-looking statements," intended to qualify for the safe
harbors from liability established by the Private Securities
Litigation Reform Act of 1995. Statements other than statements of
historical fact are considered forward-looking statements. Such
forward-looking statements are subject to certain risks and
uncertainties, which could cause actual results or outcomes to
differ materially from those currently anticipated. Factors that
could affect actual results or outcomes include the Company's
success in implementing its strategic plan, including its focus on
innovation; actions of companies that compete with the Company; the
Company's success in managing inventory; unanticipated issues
related to the Company's military tent business; the success of
suppliers and customers; the ability of the Company to deploy its
capital successfully; adverse weather conditions; and other risks
and uncertainties identified in the Company's filings with the
Securities and Exchange Commission. Shareholders, potential
investors and other readers are urged to consider these factors in
evaluating the forward-looking statements and are cautioned not to
place undue reliance on such forward-looking statements. The
forward-looking statements included herein are only made as of the
date of this press release and the Company undertakes no obligation
to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
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