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Diversified Product Inspections, Inc. Increases the Number of Engineering Inspections.


Business Editors

OAK RIDGE Oak Ridge, city (1990 pop. 27,310), Anderson and Roane counties, E Tenn., on Black Oak Ridge and the Clinch River; founded by the U.S. government 1942, inc. as an independent city 1959. , Tenn.--(BUSINESS WIRE)--Oct. 16, 2003

Diversified Product Inspections, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DPRI DPRI Disaster Prevention Research Institute (Kyoto University, Japan)
DPRI Defense Policy Review Initiative (Japanese Self Defense Force)
DPRI Directives, Publications and Reports Index
DPRI Discrete Pursuit Reward-Inaction
), a provider of independent product failure analysis, air contamination and fire investigations for the insurance industry announced today, that fees from engineering examinations by members of the company's Engineering Technical Council continued to increase. These fees are in addition to the standard inspection fees, which are performed on approximately 800 failed products per month.

John Van Zyll 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.  stated, "In January 2002 we created our Technical Council consisting of nationally recognized engineers to provide advice and consultation regarding engineering inspections on product liability items sent to DPI (Dots Per Inch) The measurement of the resolution of display and printing systems. A typical CRT screen provides 96 dpi, which provides 9,216 dots per square inch (96x96). Flat panel displays from 110 to 200 dpi have also been developed.  by our insurance industry clients.

We are pleased that we are able to offer professional engineering services to our clients through the use of our Technical Council members. The requests for engineering studies by insurance industry claims departments have increased significantly over the last few months. This is evident by the fact that in the first six months of this year we added $3,252 in revenues from added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 engineering for our reports. During the third quarter ending September 30, 2003, over $12,900 in revenues were booked from engineering invoices. This is a trend we see continuing as insurance companies continue to expand their subrogation The substitution of one person in the place of another with reference to a lawful claim, demand, or right, so that he or she who is substituted succeeds to the rights of the other in relation to the debt or claim, and its rights, remedies, or Securities.  efforts relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 product liability cases."

About Diversified Product Inspections, Inc. (www.dpi-inc.com)

Launched in 1991 and headquartered in Oak Ridge, Tenn., Diversified Product Inspections, Inc. provides expertise and unbiased, independent investigations on product failures, air contamination and fire investigations of all multi-billion dollar markets which directly impact three groups--the insurance industry, manufacturers and consumers. In addition, DPI has developed an array of comprehensive services for these three targeted groups, giving the company the ability to better inform consumers of defective products and recalls (http://www.homechecksafety.com), improve quality control processes with manufacturers and work with the insurance industry to recover funds via subrogation -- a process whereby the insurer enforces its right to recoup from any third party that caused the loss on behalf of the policyholder.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Act of 1995. The words "believe," "expect," "anticipate" and "project," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include, but not be limited to, projections of revenues, income or loss, expenses, plans, and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described in forward-looking statements.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 16, 2003
Words:433
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