BP International Announces a 373% Increase in 2004 Bookings for the ShadeZone Fabric Architecture Division.DELAND, Fla. -- BP International, Inc. (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. : BPIL BPIL Business Process Interface Link ), a leading manufacturer of fabric architecture shade structures and tennis and athletic field equipment, reported increased bookings for the months January through July for 2004 over the same period in 2003. Average monthly bookings for the seven-month period in 2003 were $22,750.40. Average monthly bookings for the same months, 2004, were $107,660.65. The annual increase from 2003 to 2004 is 373%. "When we introduced our fabric architecture division in 2002, one of our most difficult tasks was in making growth projections," said Larry Ball Larry Lauren Ball (born September 27, 1949 in Iowa City, Iowa) is a retired American football linebacker. Ball was drafted out of University of Louisville in the 1972 NFL Draft by the Miami Dolphins. He also played for the Tampa Bay Buccaneers and Detroit Lions. , BP International 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. . "We knew the market potential was huge, we knew growth was going to be pretty tremendous, but the numbers we were using -- 25-35% annual increases -- just seemed too preposterous. And yet, as we examined the product, as we analyzed what we believed were going to become trends that, in turn, would become standards, we couldn't shake the gut feeling gut feeling Intuition, visceral sensation that our projections were way too small. The actual numbers are staggering, and from what I now know about this market, they are just a drop in the bucket. "At that time, I was quoted as saying that within 3-5 years, because of the health concerns about UV exposure, most of the playgrounds in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. would be covered," continued Ball. "Everyone scoffed. It seemed a ridiculous prediction. And yet, 90% of our growth in the last year has been in playground and bleacher bleach·er n. 1. One that bleaches or is used in bleaching. 2. An often unroofed outdoor grandstand for seating spectators. Often used in the plural. covers. That makes sense, because it was the market we initially targeted with our sales and marketing efforts. We are having the satisfaction of going from a company with a product almost no one understood, to being a company with a product everyone wants. And what's so exciting is that, although the trend is certainly moving into a standard, most of America's playgrounds are still uncovered! There's a heck of a lot of business out there." But Ball points out that playgrounds and bleachers are only one of many markets for fabric structures, each of which has the same sort of future potential. "We are already building structures for different purposes: waterproof pavilions, parking lot covers, stage covers, basketball court covers. The pavilion market, the parking structure market, the athletic complex market ... these are right now where the playground market was three years ago. Once we get all our sales and marketing vehicles in place, my biggest task is to ensure BP International is geared up to handle the sort of growth most of us only dream about. It's one of the amazing things about being in the right place at the right time -- at the forefront of a huge new market trend with the product line already in place, and the reputation and the expertise to move into that market as an industry leader." About BP International, Inc.: BP International, Inc. (BPIL) is a leading manufacturer of fabric architecture shade structures and cabanas, tennis court equipment, athletic field and gymnasium equipment, custom netting, and outdoor fabrics for use in privacy and construction fencing. The company recently introduced ShadeZone(R) shade structures, an expanding line of standard and custom, permanent and portable, fabric architecture to reduce heat and block UV rays on playgrounds, golfing facilities, zoos, baseball and football complexes, theme parks, parking lots, car dealerships, outdoor concessions, pool sides, etc... Customers include Arena Football, Montreal Expos The Montreal Expos (French: Les Expos de Montréal) were a Major League Baseball team located in Montreal, Quebec, Canada from 1969 until 2004. After the 2004 season, the franchise relocated to Washington, D.C. and became the Washington Nationals. , Boston Red Sox The Boston Red Sox are a professional baseball team based in Boston, Massachusetts. The Red Sox are a member and currently champions of the Eastern Division of Major League Baseball’s American League. From to the present, the Red Sox have played in Fenway Park. , Houston Astros “Astros” redirects here. For other uses, see Astros (disambiguation). The Houston Astros are a Major League Baseball team based in Houston, Texas. The team is in the Central Division of the National League. , New England Patriots Forward-Looking Statements: Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion