AERT Announces July Sales of $2.48 Million.Business Editors and Environmental Writers SPRINGDALE, Ark.--(BUSINESS WIRE)--Aug. 18, 2000 Advanced Environmental Recycling Technologies Inc. (Nasdaq:AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ), a leader in wood composite technology, announced that the unaudited sales for the month ending July 31, 2000, were $2.48 million compared to sales of $1.9 million for July of 1999, an increase of 31% over the prior period. "July sales were on a level with the May and June sales due to the plant shut down for the 4th of July holiday period," stated AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team Chairman, Joe G. Brooks. "With additional production improvements now coming on-line and the Springdale plant continuing to improve efficiencies the Company is currently on track to set another production record in August, as sales for the last 3 weeks have averaged in excess of $700,000 per week," stated Brooks. "We are working to continue to improve and increase our composite business and our cash flows and profits from operations." 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. The Company's products 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 currently operates a composite manufacturing facility in Texas and a plastic recycling Plastic recycling is the process of recovering scrap or waste plastics and reprocessing the material into useful products, sometimes completely different from their original state. facility and composite manufacturing facility in Arkansas. Certain of the 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's Securities Commission filings. |
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