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``Sales and Earnings Increase for Veltex in the Third Quarter'': A Web Radio Series Featuring Interviews With CEOs, by IPOdesktop.com.


Business Editors

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Oct. 24, 2002

IPOdesktop.com presents "Sales and earnings increase for Veltex in the third quarter," a web radio show with Victoria Duff, corporate advisor to Veltex Corporation (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:VLVT). 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 ready-made

Everyday object selected and designated as art. The name was coined by Marcel Duchamp, whose first ready-mades included a snow shovel that he picked up on a snowy day in New York, and a wheel mounted on a stool (1913).
 garment products for Promotional Product Industries. VLVT also owns 4 trucks (18 wheelers), carrying Veltex goods as well as providing trucking services to one of the largest trucking companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . -0-

CEO Guest: Victoria Duff, Corporate Advisor to Veltex Corporation
Show host: Francis Gaskins, Editor, http://IPOdesktop.com

CLICK TO LISTEN: RealAudio: http://gaskinsco.com/vlvt2.ram
WindowsMedia: http://gaskinsco.com/vlvt2.asx
(If these are direct links simply copy and paste to your Internet
browser to listen to the interview)

VELTEX -- RADIO SHOW AGENDA

-- RECORD THIRD QUARTER EARNINGS

-- VELTEX DIVISIONS

-- PLANS TO BECOME A FULLY REPORTING COMPANY IN THE NEAR FUTURE

-- COMMENTS ON PROJECTED REVENUE GUIDANCE FOR 2003

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 Bangladesh (bäng-lädĕsh`, băng–) [Bengali,=Bengal nation], officially People's Republic of Bangladesh, republic (2005 est. pop. 144,320,000), 55,126 sq mi (142,776 sq km), S Asia.  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.

The Veltex U.S. operation is a distributor of high quality fabrics for apparel industries and an importer of caps, T-shirts, twill shirts, shorts, and other ready-made garment products for Promotional Product Industries. Veltex also owns 4 trucks (18 wheelers), carrying Veltex goods as well as providing trucking services to one of the largest trucking companies in the United States.
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Publication:Business Wire
Date:Oct 24, 2002
Words:359
Previous Article:WatchGuard Reports Third Quarter Results and Record Revenues; 12% Sequential Revenue Growth; Strong Gross Margin Improvement.
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