Curtis International Ltd. Chooses Consulting for Strategic Growth, Ltd., as Its Public Relations/Corporate Development Consultants.ROSLYN, N.Y.--(BUSINESS WIRE)--Nov. 23, 1999-- In a joint announcement, Curtis International Ltd. (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 : CURT) and Consulting For Strategic Growth, Ltd. announced as of November 15, 1999, CFSG CFSG Classification of Finite Simple Groups will be engaged to help create more shareholder awareness for Curtis International Ltd. and to increase their exposure amongst investment bankers and analysts, in addition to retail stock brokers and institutional money managers. Curtis International Ltd. announced on October 18, 1999 record first quarter fiscal results of a net income increase of 30.2% and revenues increased by 19.8% with revenues for the quarter exceeding $10,000,000 and net income approaching $500,000. The company believes its current stock price does not accurately reflect its sequential growth in both its top and bottom lines. In fiscal 1999, the company recorded growth of 43% in revenues and a net income increase of 35%. Aaron Herzog, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. recently stated, "We are being penalized pe·nal·ize tr.v. pe·nal·ized, pe·nal·iz·ing, pe·nal·iz·es 1. To subject to a penalty, especially for infringement of a law or official regulation. See Synonyms at punish. 2. for not being a dot/com company, but rather a brick and mortar See bricks and mortar. growth company." In commenting about our new client, Stanley Wunderlich, Chairman of C.F.S.G. commented, "The market is very efficient in sorting out winners and losers. Sometimes it takes longer to run to daylight, but we are confident that increased visibility and a Pro-Active campaign to disseminate the facts will result in increased shareholder value with the price of the stock reflecting the true value of the company." Curtis International Ltd. develops, markets and distributes a broad range of consumer audio and telecommunication products. With its recent entry into the U.S. market, the company has raised the bar of success. Customers include mass merchandisers such as Bradlees, Dollar General, Bi-Way Stores and Family Dollar; drug store chains such as Rite-Aid, London Drugs, Thrifty Payless, Jean Coutu and Kerr Drugs; specialty marketers, such as QVC QVC Quality Value Convenience QVC Question Valid Command , The Home Shopping Network “HSN” redirects here. For other uses, see HSN (disambiguation). The Home Shopping Network (HSN) is a mostly 24-hour shopping network that is seen on cable, satellite, and some terrestrial channels in the United States. , Shop At Home; consumer electronic retailers such as Future Shop, Fry's and ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Warehouse; and appliance and department stores such as Boscov. This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Curtis International Ltd. and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Curtis's actual results may differ significantly from the results discussed or implied in such forward-looking statements. For additional information, please call CFSG at 1-800-625-2236. |
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