Carmina's Second Quarter Sales up 100% over First Quarter; Continued Growth Forecast.Business Editors NEW YORK--(BUSINESS WIRE)--July 15, 2003 Carmina Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CARL) announces sales figures for the second quarter ending June 30, 2003, have increased over 100%, more than doubling sales for the first quarter. Revenues from the Sales of Carmina's ASSUR technology negotiated in the second quarter with Guelph and multiple Food Centres among others will be reflected in the 3rd quarter. Carmina is now expanding its sales force three-fold based on the overwhelming response of our ASSUR technologies. Additionally, Carmina has started an aggressive marketing campaign of World Wide's services across North America. John Alston states "The value of these services, in increased efficiency and cost savings to a wide range of corporate customers, has been demonstrated and we look forward to continued growth as we expand out our sales force." HACCP HACCP hazard analysis critical control points. has become the market standard for food safety world wide The Guelph Food Technology Centre (GFTC GFTC Guelph Food Technology Center GFTC Green Field Transport Company, Inc. GFTC Go for the Close ) has HACCP certified companies such as: Starbucks(R) (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 :SBUX SBUX Starbucks Corporation (stock symbol) SBUX Starbucks Coffee Company ), Kellogg Company (NYSE NYSE See: New York Stock Exchange :K), Safeway Inc. (NYSE:SWY), Wendy's International, Inc. (NYSE:WEN), Kraft Foods Inc. (NYSE:KFT KFT Korlátolt Felelõsségû Társaság (Hungarian: limited liability corporation) KFT Kraft Foods International (stock symbol) KFT Kilo-Feet KFT Kung Fu Tzu (Confucius) ), and SYSCO SYSCO Systems and Services Company Corporation (NYSE:SYY SYY Stornoway, Scotland, United Kingdom - Stornoway (Airport Code) ), among hundreds of others. CARMINA's ASSUR technologies provide the HACCP protocol for use targeted to the food industry. The Guelph Food Technology Centre (GFTC) is proud to be attending IFT IFT Institute of Food Technologists IFT Institut für Fenstertechnik (German: Institute for Window Technology) IFT Illinois Federation of Teachers IFT Integrated Flight Test IFT Interfacial Tension IFT Institute for Tropospheric Research 2003 in partnership with Carmina Technologies, Inc. (CARMINA) on July 13-16, 2003, in Chicago, IL. "We're excited to be working with CARMINA's Assured Performance Monitoring (APM (Advanced Power Management) A programming interface (API) from Intel and Microsoft for battery-powered computers that lets programs communicate power requirements to slow down and speed up components. See ACPI. APM - Advanced Power Management ) division to develop a truly innovative approach to food plant auditing," says Frank Schreurs, (GFTC's Manager of Auditing & Consulting Services). "The computerized system, using hand-held units, will enable GFTC auditors to collect detailed information and upload it to a secure database of audit results for that client. This will enable our clients and their customers not only to see their audit results as a snapshot on a particular occasion, but also to rearrange the data so that they can view results from various perspectives, such as different plants' relative rankings, changes over time, results by product line, and more. The system also improves communications among GFTC, customers and suppliers." CARMINA's ASSUR-FQP (Food Quality Protection) Technology is on display at the International Food Technology Expo in Chicago July 13 to 16, 2003. Companies involved in the international agriculture-food industry visiting the adjacent booths of Guelph Food Technology Center and Carmina are learning how the new automated HACCP (Hazard Analysis Critical Control Point) protocol can assist in assuring the integrity and reputation of their products. Food manufacturers and private label retailers are insisting that their suppliers and co-packers implement HACCP in their own facilities. CARMINA's technicians are currently working closely with health care professionals preparing protocols for each of the applications on a prioritized basis. CARMINA's ASSUR technology applications provide the flexibility for applications ranging from the monitoring of inspections for contaminants such as e-coli in water supplies and the agriculture/food industry to gathering and analyzing data on epidemics or hazards health authorities are tracking -- from SARS and West Nile virus West Nile virus, microorganism and the infection resulting from it, which typically produces no symptoms or a flulike condition. The virus is a flavivirus and is related to a number of viruses that cause encephalitis. outbreaks to rabies rabies (rā`bēz, ră`–) or hydrophobia (hī'drəfō`bēə), acute viral infection of the central nervous system in dogs, foxes, raccoons, skunks, bats, and other animals, and in and other diseases. At a previous conference of over 300 health care professionals from Health Units across Canada held in Edmonton, Alberta in June, 2003 these issues were at the forefront. The ability of the ASSUR system to collect and analyze survey results in real time avoids delays in screening at-risk people thus assisting in controlling the spread of disease. This versatile protocol can be easily adapted to whatever new epidemics may arise in the future. About Carmina Technologies, Inc. Carmina Technologies, Inc. is a company that develops and markets technological services in the performance monitoring sector. Through easy-to-use tools and systems, its technology assures consistent, standards-driven output by providers of critical services, audits and compliance-reporting from their mobile work forces. Through wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. the company is currently focused on expanding its new monitoring systems across a wide range of industries and agencies. Carmina Technologies is the subject of an article by Anthony Davis published in the June edition of Business in Calgary and an article published in itbusiness.com, both of which are available on the Company's website www.carminatech.com. About Worldwide Online Corp. (WWO WWO Who Wants One (graphics forums) WWO Wisconsin Web Offset WWO Wet Weather Operations ) A wholly-owned subsidiary of Carmina Canada Inc., is a Toronto-based Managed Service Provider offering business-to-business solutions for clients in Canada, the US and Europe. Worldwide Online's focus is on delivering Internet-based solutions including video-streaming, e-Portals, e-commerce services, document and file management systems, knowledge management systems and business process improvement systems. WWO is the implementation, support and technical services provider for APM and other Carmina companies. More details are available at www.wwonline.com. About Guelph Food Technology Centre (GFTC) GFTC is Canada's largest third-party audit firm. For further information about GFTC's Auditing Program, contact Frank Schreurs at (519) 268-1114 or visit www.gftc.ca. GFTC is Canada's only not-for-profit, non-subsidized food technology centre. GFTC provides creative, confidential Technical Solutions, Quality Systems and Training to the Canadian agricultural -food industry. Safe Harbor/Forward Looking Statements Disclaimer This announcement contains "forward-looking statements." Words such as "anticipate," "believe," "estimate," "expect" and other similar expressions as they relate to the Company and its management are intended to identify such forward-looking statements. Although the Company and its management believe that the statements contained in this announcement are reasonable, it can give no assurances that such statements will prove correct. Factors that could affect the occurrence of events or results discussed herein are included with those mentioned in the Company's filings with the Securities and Exchange Commission. |
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