"MultiModal Acquisition Increases Veltex's Top Line Revenue": A Web Radio Series Featuring Interviews With CEOs, by IPOdesktop.com.Business Editors LOS ANGELES--(BUSINESS WIRE)--Nov. 8, 2002 IPOdesktop.com presents "MultiModal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting acquisition increases Veltex's top line revenue," a web radio show with Andrew Friedel, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MultiModal Transportation, recently acquired by Veltex Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : VLVT - News). VLVT is a manufacturer and distributor of high quality fabrics, and is an importer of caps, T-shirts, twill twill One of the three basic textile weaves (see weaving), distinguished by diagonal lines. In the simplest twill, the weft crosses over two warp yarns, then under one, the sequence being repeated in each succeeding shot (row), but stepped over, one warp either to the shirts, shorts, and other ready-made garment products for Promotional Product Industries. Veltex is able to compete on a global basis with some of the highest margins in the industry, and is slowly gaining market share in the trucking and distributing business. CEO Guest: Andrew Friedel, President and CEO of MultiModal, acquired by VLVT Show host: Francis Gaskins gas·kin n. 1. The part of the hind leg of a horse or related animal between the stifle and the hock. 2. gaskins Obsolete Galligaskins. [Probably short for galligaskins.] , Editor, http://IPOdesktop.com CLICK TO LISTEN: RealAudio: http://gaskinsco.com/vlvt3.ram WindowsMedia: http://gaskinsco.com/vlvt3.asx (If these are not direct links simply copy and paste To copy files from one location to another or to copy text and images from one document to another. All modern operating systems and applications have a copy and paste capability that is typically selected from an Edit menu. See cut and paste and Win Copy between windows. to your Internet browser to listen to the interview) RADIO SHOW AGENDA MULTIMODAL -- Providing transportation services throughout the continental United States, as well as warehousing at its Memphis facility -- Management experience CURRENT OPERATIONS -- MultiModal currently offers motor freight services throughout the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. -- The affiliation with All Coast (MultiModal is an agent of All Coast) allows access to over 400 trucks to serve clients' needs GROWTH PLAN ARCHIVED RADIO SHOWS -- Sales and Earnings Increase for Veltex in the Third Quarter http://biz.yahoo.com/bw/021024/240642_1.html -- Using Low Cost as a Competitive Advantage to Gain Market Share http://biz.yahoo.com/bw/021003/30300_1.html Forward Looking Statements http://gaskinsco.com/forwardlooking.htm About Veltex Corporation (http://www.veltexcorp.com) Veltex is a manufacturer and distributor of high quality fabrics. Veltex has a manufacturing facility in Bangladesh and a sales and marketing office in Diamond Bar, California Diamond Bar is a city in Los Angeles County, California, United States. The population was 56,287 at the 2000 census. It is named after the "diamond over a bar" branding iron registered in 1918 by ranch owner Frederick E. Lewis. . The company is currently producing 100% cotton twill, duck, and sheeting to fill existing orders and has also started to produce caps, twill shirts, and T-shirts to meet the demands of additional buyers in the U.S. With the ability to produce quality merchandise at labor costs one-twentieth (1/20) of those in the U.S., Veltex is able to compete on a global basis with some of the highest margins in the industry, and is slowly gaining market share in the trucking and distributing business. |
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