AERT 1999 Sales Increase by 60% to More Than $20 Million.Business Editors & Environmental Writers SPRINGDALE Springdale, city (1990 pop. 29,941), Benton and Washington counties, NW Ark.; inc. 1878. It is a poultry-processing center, and there is vegetable canning, printing, and the manufacture of air conditioning ducts, metal and paper products, machinery, transportation , Ark.--(BUSINESS WIRE)--March 2, 2000 Advanced Environmental Recycling Technologies Recycling technology Methods for reducing solid waste by reusing discarded materials to make new products. The three integral phases of recycling are the collection of recyclable materials, manufacture or reprocessing of these materials into new products, and Inc. (Nasdaq:AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ) announced today that unaudited sales for the fourth quarter were approximately $5 million, contributing to an annual sales record of more than $20 million, an increase of 60% from the previous year. "During Q4 AERT's associates pulled off the nearly impossible task of simultaneously upgrading production facilities at the Junction and Springdale facilities, while keeping production at a relatively steady level. Each and every associate, at all levels of production, has participated on some level in this corporate quality and efficiency upgrade program, and we are very proud of them all," stated Joe G. Brooks, Chairman. Brooks added, "We are very excited by all of the improvements that were instituted during the fourth quarter of 1999. The benefits of these improvements, in both quality and efficiency, are now beginning to demonstrate results in this current period." Additional information will be forthcoming in the near future, as fully audited figures are expected to be available by mid-March n. 1. the middle part of March. Noun 1. mid-March - the middle part of March period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period" . Certain statements made in this press release by Joe G. Brooks are 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. within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Such statements involve certain risks 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 Securities Commission filings. |
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