``Using Low Cost as a Competitive Advantage to Gain Market Share'': A Web Radio Series Featuring Interviews With CEOs, by IPOdesktop.com.Business Editors LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Oct. 3, 2002 IPOdesktop.com presents "Using low cost as a competitive advantage to gain market share," 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 also provides trucking services. CEO Guest: Victoria Duff, Corporate Advisor to Veltex Corporation Show host: Francis Gaskins, Editor, http://IPOdesktop.com TO LISTEN CLICK For RealAudio: http://gaskinsco.com/vlvt.ram For Windows Media: http://gaskinsco.com/vlvt.asx (If these are direct links simply copy and paste to your Internet browser to listen to the interview) VELTEX -- RADIO SHOW AGENDA HIGHLIGHTS -- Very low cost of goods sold -- Company is acting as its own distributor -- Fleet of trucks contributes pre-tax profits -- What separates Veltex from its competitors MARKET -- High quality fabrics -- Trucking services PRODUCTS -- VLVT producing 100% cotton twill, duck, and sheeting -- To fill existing orders MANUFACTURING -- Manufacturing facility in Bangladesh -- With the ability to produce quality merchandise at labor costs one-twentieth (1/20) of those in the U.S. TRUCKING DISTRIBUTION -- A sales and marketing office in Los Angeles, California. FINANCIAL (subject to forwarding looking statement comments) RECENT EVENTS -- Sept. 27, Veltex (VLVT) Doubles Carrying Capacity by Purchasing Two New Trucks -- Sept. 16, Veltex Corporation 'VLVT' Announces First Half Profit Up 26% -- Sept. 9, Veltex Corporation New Acquisition Forward Looking Statements http://gaskinsco.com/forwardlooking.htm About Veltex Corporation Veltex is a manufacturer and distributor of high quality fabrics. Veltex has a manufacturing facility in Bangladesh and a sales and marketing office in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . The company is currently producing 100% cotton 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 , 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. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , and the Company's ability to replace and expand. |
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