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CortDev, Inc. In Negotiations to Pre-Lease Hangar and Office Space.


Business Editors

HOUSTON--(BUSINESS WIRE)--April 5, 2004

CortDev, Inc. (CDVJ: Pink Sheets) is pleased to announce that the Company is in the advanced stages of negotiations with various tenants to pre-lease the St. Hubert Hubert may refer to:
  • The European family name Hubert and first name.
  • As a family name it is explained as an abbreviation of Hubertz (Yiddish and Sorbian form of Huberowitz) meaning "Houber's son" or "(son) of Heber" or simply
 Airport hangar and office space. Upon signing of these contracts, approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 35% of the hangar and 45% of the office space will be pre-leased. CDVJ will provide further details once these contracts are finalized See finalization. . In addition, various oil companies have approached CDVJ with regards to the installation of a fuel farm at St. Hubert Airport. The fuel farm will be a valuable source of revenue for the Company once installed and fully operable operable /op·er·a·ble/ (op´er-ah-b'l) subject to being operated upon with a reasonable degree of safety; appropriate for surgical removal.

op·er·a·ble
adj.
.

For further information please contact Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 at (973) 351-3868

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.
 

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 973-351-3868. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 5, 2004
Words:242
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