Business & Finance
Business and Finance
Business and Finance
Tue, December 30, 2008 Expo Holdings, Inc.: Expo Holdings, Inc. Receives New Orders From Grocery Leader Harris Teeter, Inc.
NORTH WILKESBORO, NC--(Marketwire - December 30, 2008) - Expo Holdings, Inc. (
Expo Holdings is pleased to announce it has secured three new orders from grocery leader Harris Teeter, Inc. These orders exceed $50,000.
James D. Brown, CEO, stated, "I am pleased that we have received three new orders from our friends at Harris Teeter. They continue to open new stores, and update existing stores during this tough economic period. These orders are scheduled to ship by 2/16/09."
James also stated, "We have our first firm ship date in 2009 for our 'milestone' project which is also grocery related. This first shipment has a value exceeding $50,000 as well. We expect a minimum of 3 shipments related to this project during February with a total value estimated at $150,000-$225,000."
Sales to Harris Teeter have exceeded $370,000. Sales related to our "milestone" project have exceeded $145,000.
About Harris Teeter, Inc.
[ http://www.harristeeter.com ]
Harris Teeter, Inc. is a wholly owned subsidiary of Ruddick Corporation. This food market chain operates in six states: North Carolina, South Carolina, Virginia, Georgia, Tennessee and Florida. Ruddick Corporation is publicly traded on the NY Stock Exchange. Harris Teeter, Inc. operates 155 stores and employs about 18,000 according to the company's website.
About Expo Holdings, Inc.
[ http://www.expoholding.com ]
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.
