Bernstein/Leibstone & Associates Inc. announces ClearShield's receipt of coveted Dade County Product Approval for its Hurricane Shutter System.RIVIERA BEACH Riviera Beach (rəvēr`ə), resort city (1990 pop. 27,639), Palm Beach co., SE Fla., on Lake Worth (a lagoon); inc. 1922. Research and development firms are located in the growing city. , Fla.--(BUSINESS WIRE)--Dec. 6, 1996-- Bernstein/Leibstone & Associates Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BLAI BLAI Brown Leaf Area Index ) announced Friday that it has received the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Dade County Dade County can refer to the following places:
This represents the acceptance of the company's products by the county with the most stringent requirements in the nation. The product approval removes the final obstacle for the company towards re-entering the Broward and Dade County markets, traditionally, the country's largest hurricane protection markets. Product approval is necessary for sale of the product in the South Florida consumer and commercial markets. The new product approval number is 96-0708.04 and approves the clear and black panels for the sale in the Dade and Broward County markets. The company previously reported a significant increase in revenues during the six months ended Sept. 30, 1996. Revenues increased $3,710,234 to $5,006,505 and the company recorded an operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. during the second quarter ended Sept. 30. Revenues increased during that period despite not having product approval during the second quarter, which represents the heart of the hurricane season. ClearShield Manufacturing expects that the re-issue of the Dade County Product Approval, will have a significant positive effect on revenues in the coming season. Additionally, the company plans to triple capacity before the June 1 start of the 1997 hurricane season. At this time the company is 50% complete with this plan, and believes that this goal will be attained on schedule. ClearShield Manufacturing currently sells to Home Depot stores in Florida, of which there are over 30 in the South Florida area. ClearShield also distributes through its 121 dealers located throughout the Southeastern United States and Caribbean. CONTACT: Darrell L. Peterson, Chief Executive Officer 800/385-1335 |
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