Australian Government Places $1.2 Million Initial Order with TVI Corporation.Business Editors GLENN DALE, Md.--(BUSINESS WIRE)--March 3, 2004 TVI TVI Televisão Independente (Portuguese TV Channel) TVI Technical Vocational Institute (Albuquerque) TVI Teacher of the Visually Impaired TVI Television Interference TVI Tutored Video Instruction Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : TVIN TVIN Thames Valley Investment Network (UK) ), a leading supplier of rapid deployment shelters and chemical/biological decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. systems for the military, public health, and first response agencies, today announced a $1.2 million order for decontamination systems from Emergency Management Australia Emergency Management Australia (EMA) is an Australian Federal Government Agency tasked with coordinating governmental responses to emergency incidents. EMA sits within the Federal Attorney General's Department. , the emergency management division of Australia's Attorney Generals Department. The order provides Australia with fully configured decontamination systems for its hospitals and emergency response professionals. These emergency response systems include decontamination shelters with the patented TVI articulating frame, completely equipped with all accessories including the new IntelliJet(TM) Nozzle. "Australia has sound and well-practiced emergency management arrangements in all States and Territories to deal with emergencies and disasters," stated Rick Priddy, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TVI Corporation. "As in the UK where we designed, built and deployed a decontamination system that met the government's requirements for a country-wide application, we plan as well to become an integral part of Australia's emergency preparedness by continuing to deliver superior products and customized systems to help protect its citizens from accidents and terrorist attacks." The order was placed through TVI's distributor, OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its Systems, Australia's premier provider of environmental equipment solutions. OPEC Systems operates a comprehensive network of wholesalers and distributors throughout Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. and Papua New Guinea Papua New Guinea (păp` ə, –y . "We evaluated many domestic and international decontamination system providers and found that the technology and performance of TVI's equipment was unsurpassed," stated Peter Murphy, Managing Director or OPEC Systems. "TVI worked extensively with Emergency Management Australia to optimize its systems to meet their specific needs." "We believe this order represents an initial purchase and serves as a platform that Emergency Management Australia will continue to use to provide state-of-the-art emergency response systems for its citizens," stated Priddy. "It also expands our presence into the Pacific Rim and opens up a new international market for our products. This is the second largest international order we have received this year and reinforces TVI as a global leader in mass casualty decontamination." About TVI Corporation: TVI Corporation, located in Glenn Dale, Maryland
Glenn Dale is a census-designated place (CDP) in Prince George's County, Maryland, United States. The population was 12,609 at the 2000 census. , is a leading supplier of rapid deployment shelters and chemical/biological decontamination systems for the military, public health, and first response agencies. TVI is also a primary source to the military for thermal targets and thermal decoys. TVI's stock trades on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol "TVIN." The TVI designation is a service mark of TVI Corporation. All other company and product names mentioned above are trade names and/or trademarks of their respective owners. Information contained in this press release constitutes forward-looking statements within the meaning of the securities laws and involves expectations, beliefs, plans, intentions or strategies regarding the future. These statements may be identified by the use of forward-looking words or phrases such as "should", "believes", expects", "might result", and others. These forward-looking statements involve risks and uncertainties and are not guarantees of future performance, as actual results could differ materially from our current expectations. Such risks and uncertainties include achieving order and sales levels to fulfill revenue expectations; our ability to respond to changes in the counter-terrorism, military, public safety, and first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency communities; adverse changes in governmental regulations; expected costs or charges, certain of which may be outside the control of the Company; the time and costs involved in the marketing and promotion for our products; the possible cancellation of existing orders for our products; general economic and business conditions; and competitive factors in our markets and industry generally. Numerous other factors could cause or contribute to such differences, including, but not limited to, those set forth in the Company's Annual Report to Stockholders, 10-KSB, 10-QSB, and other SEC filings. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date of this press release. We assume no obligation to update any such forward-looking statements. For more information concerning TVI, please visit us at: www.tvicorp.com. |
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