CRT's Ace Optics Division Begins Collegiate Eyewear Production For Five Additional Universities.Business Editors & Apparel/Retail Writers MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 8, 2002 Ace Optics (www.aceoptics.com), a division of CRT Corp. (Pink Sheets:CRTI), today announced that the company has begun production of their collegiate Eyewear Line for the University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. , University of South Carolina
• • , University of Kentucky The University of Kentucky, also referred to as UK, is a public, co-educational university located in Lexington, Kentucky. , University of Georgia Organization The President of the University of Georgia (as of 2007, Michael F. Adams) is the head administrator and is appointed and overseen by the Georgia Board of Regents. and Louisiana State University Louisiana State University and Agricultural and Mechanical College, generally known as Louisiana State University or LSU, is a public, coeducational university located in Baton Rouge, Louisiana and the main campus of the Louisiana State University System. . These universities are in addition to the six institutions already in production, which are the University of Tennessee The University of Tennessee (UT), sometimes called the University of Tennessee at Knoxville (UT Knoxville or UTK), is the flagship institution of the statewide land-grant University of Tennessee public university system in the American state of Tennessee. , Ole Miss, Auburn University, University of Arkansas The University of Arkansas strives to be known as a "nationally competitive, student-centered research university serving Arkansas and the world." The school recently completed its "Campaign for the 21st Century," in which the university raised more than $1 billion for the school, used , University of Alabama and Mississippi State University. The Collegiate Eyewear Line offers consumers the ability to show their school spirit in a whole new way, offering logo eyewear retainers, visor clips, micro cleaning cloths and sunglasses, and will be distributed in campus stores, national retail chains and on the Internet. Wade Whitley, president of Ace Optics, said: "Initially we decided to focus on the schools of the Southeastern Conference, we have now completed this initial focus. By beginning production now we ensure that our products will be available to the buying public at the start of the college football season. We are eagerly awaiting our sales representatives' completion of a contract with a national retailer to carry the product line." About CRT CRT's operating division, Ace Optics, has two locations in the United States and is currently selling sunglasses from its retail location and over the Internet at www.aceoptics.com and recently announced its collegiate line of products. Safe Harbor Statement Certain statements in this news release may contain forward- looking information within the meaning of Rule 175 under the Securities Acts of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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