Diversified Product Inspections, Inc. Sets One Month Record for Inspections - 35% Ahead for 2003.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)--Aug. 5, 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 product liability inspections for insurance industry clients increased by 35% during the first seven months of 2003 compared to the same seven-month period in 2002. Warren Wankelman, vice president of Marketing said, "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. performed 900 product liability inspections in July 2003, to set a new one month record. Compared to July 2002, DPI received 263 more inspections or 41% more inspections in the same one-month period. This continued growth in our core business of providing product failure investigations for the insurance industry puts us on the right track to break last year's total number of inspections, which was also a record. Through our product awareness and 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. seminars, we continue to add new companies and adjusters each month who use DPI's services." Total Yearly Inspections Year Inspections 2000 3,082 2001 4,673 2002 7,765 2003 5,510 Year to Date (7 Months) 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 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. " 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 relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion