AERT -- Second Quarter Sales Increase to $8.4 Million.Business Editors & Environmental Writers SPRINGDALE, Ark.--(BUSINESS WIRE)--July 16, 2001 Advanced Environmental Recycling Technologies Inc. (Nasdaq:AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ), a leader in wood composite technology, announced today that unaudited gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. for the quarter ended June 30, 2001, were $8.4 million, an increase of $700,000 over the $7.7 million reported for the same quarter ended a year ago. Additional financial information will be released shortly, following the Company's quarterly review by its independent auditors Independent Auditor An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report. Notes: These auditors aren't affiliated with the company being audited. . Advanced Environmental Recycling Technologies Inc. manufactures a growing line of composite building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . made from recycled polyethylene plastic and waste wood fiber and are marketed under the trade names MoistureShield(R) and ChoiceDek(R) for the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. homebuilding market. AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team currently operates a manufacturing facility in Texas and a recycling and manufacturing facility in Arkansas. Certain of the statements made in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Including but not limited to plans for operation and sales improvements, these and other such statements involve certain risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company's Securities Commission Filings. |
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