Business & Finance
Business and Finance
Business and Finance
Thu, May 14, 2009
Wed, May 13, 2009 Expo Holdings, Inc.: Expo Holdings Issues Milestone Project Update
NORTH WILKESBORO, NC--(Marketwire - May 13, 2009) - Expo Holdings, Inc. (
James D. Brown, CEO, stated, "This project has been hampered by delays from the end customer, and is just now getting back on track. This project, along with the Harris Teeter award, combines to make the grocery retail segment our largest category. To date, one store is re-scheduled for next month. However, at over $75,000 per store that's not insignificant. We believe we will receive additional orders / scheduled openings in the next several weeks. The company has successfully completed over $250,000 in sales to this customer."
Brown further stated, "We anticipate $2-3 million in revenues related to this project in 2009. While less than previously estimated, we are pleased to serve a healthy customer during these tough economic times. The names of the company and its affiliates are specifically withheld from this release due to confidentiality agreements. Those shareholders of record who would like to view these and other projects in process may visit us at any time."
The company warmly invites all shareholders to visit and tour our facilities. Please contact us at 336-667-8765 to schedule your appointment.
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.
