AERT Reports No Factory Damage from Trash Fire.SPRINGDALE, Ark. -- Advanced Environmental Recycling Technologies Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ), a leader in wood composite technology, announced that it experienced a fire outside and adjacent to its Springdale, Arkansas For the Fayetteville-Springdale-Rogers Metropolitan Area (Northwest Arkansas), see .
Springdale is a city in Washington and Benton counties in the northwestern region of Arkansas in the United States. facility at approximately 2 p.m. today. The fire apparently started in a trash area behind the plant and was fueled by high winds. It damaged a trash compactor, a parked truck trailer containing plastic waiting to be recycled, and a plastic water cooling Water cooling is a method of heat removal from components. As opposed to air cooling, water is used as the heat transmitter. Water cooling is commonly used for cooling internal combustion engines in automobiles and electrical generators. tank. The plant was evacuated e·vac·u·ate
v. e·vac·u·at·ed, e·vac·u·at·ing, e·vac·u·ates
a. To empty or remove the contents of.
b. To create a vacuum in.
2. as a safety precaution, though extrusion operations resumed at 6 p.m. Full operations are expected to resume by morning. No further disruption to plant operations is anticipated with regards to this incident. The Company would like to thank the Springdale, Lowell, and other area fire departments, as well as the Springdale Police Department, for their prompt and professional assistance.
The statements in this press release in regards to our expected sales performance and operating results, our anticipated financial condition and our business strategy constitute "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 Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause our actual operating results to differ materially. Such risks and uncertainties include the extent of market acceptance of our products, the sensitivity of our business to general economic conditions, and the highly competitive markets in which we operate. Additional information concerning these risks and uncertainties is contained in our filings with the Securities and Exchange Commission in Form 10-KA for the year ended December 31, 2003, filed April 29, 2004.