Cohesant Technologies Named One of Forbes Magazine's 200 Best Small Companies.INDIANAPOLIS -- Cohesant Technologies Inc. (Nasdaq:COHT) today announced that Forbes Magazine has ranked the company among the 200 best small companies. Cohesant ranked 84th among the top 200 in five-year return on equity and 149th overall despite being the smallest company on the list ranked by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . Earlier this year, the Company was named one of the fastest growing small public companies in America by Fortune Small Business Magazine. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Forbes, "every year we're more particular about membership in this elite list." To qualify for this year's list candidates must have annual revenues of $750 million or less, net profit margins of greater than 5% and must have shown a consistent pattern of positive growth during a 5 year period and over the past 12 months. The list appears in the November 1, 2004 issue of Forbes and on the web at www.forbes.com. Morris H. Wheeler, the Company's President and Chief Executive Officer, stated, "Cohesant focuses on customer service, product superiority and other business fundamentals business fundamentals The general background within which an economy operates including earnings, sales, wage rates, taxes, and inflation. Improving business fundamentals are generally viewed as bullish for stocks, although stock prices at any given point . The Company's selection as one of the Forbes 200 Best Small Companies shows the superiority of this simple business philosophy in producing consistently excellent financial results. I would like to thank the entire Cohesant team, including our employees, distributors, Certified Applicators, marketing representatives, and other partners for their contribution to this continued success. We are hopeful that ongoing programs designed to improve our business processes will earn us continued recognition by both investors and the business press and will help us to grow from our current standing as the smallest company on the Forbes list." Cohesant Technologies Inc., based in Indianapolis, Indiana “Indianapolis” redirects here. For other uses, see Indianapolis (disambiguation). Indianapolis (IPA: [ˌɪndiəˈnæpəlɪs]) is the capital city of the U.S. , designs, develops, and manufactures specialized dispense equipment and specialty coating products through its two subsidiaries: GlasCraft, Inc., and Raven Lining Systems, Inc. GlasCraft and, to a limited extent, Raven Lining Systems manufactures dispense equipment for applying plural component materials such as polyesters, polyurethanes polyurethanes (pŏl'ēy  r`əthānz), group of plastics that may be either thermosetting or thermoplastic. Polyurethane can be made into both flexible and rigid foams. , polyureas, and
epoxies This article is about the band named the Epoxies. For the adhesive, see Epoxy. The Epoxies are an American band from Portland, Oregon formed in 2000. Heavily influenced by punk rock and New Wave the band has described themselves as robot garage rock. . Raven Lining Systems, Inc., manufactures and sells the Raven and AquataPoxy line of high-performance coating systems. These systems provide corrosion protection and structural renewal when coating and rehabilitating all types of infrastructure in water, wastewater and industrial markets. Certain statements contained in this report that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statement. These risks and uncertainties include, but are not limited to, a slow-down in domestic and international markets for plural component dispensing systems and a reduction in growth of markets for the Company's epoxy epoxy Any of a class of thermosetting polymers, polyethers built up from monomers with an ether group that takes the form of a three-membered epoxide ring. The familiar two-part epoxy adhesives consist of a resin with epoxide rings at the ends of its molecules and a curing coating systems. |
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