Diversified Product Inspections to Roll Out New Technologies in January 2003.Business Editors OAK RIDGE, Tenn.--(BUSINESS WIRE)--Dec. 3, 2002 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, it will implement several new technology upgrades that will make it easier and more efficient for the Insurance Industry to use DPI's product liability inspection services. John VanZyll, 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, "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. will institute new technical capabilities in January 2003 that will make it possible for insurance claims adjusters to access and print DPI's Inspection Claim form electronically which will also automatically e-mail that claim form to DPI's Shipping Department. This process will speed up the product liability investigation process for the adjuster and create another back up to insure that the chain of custody The movement and location of physical evidence from the time it is obtained until the time it is presented in court. Judges in bench trials and jurors in jury trials are obligated to decide cases on the evidence that is presented to them in court. of evidence is maintained." Mr. VanZyll also announced a new shipping system in cooperation with United Parcel Service United Parcel Service, Inc. (NYSE: UPS), commonly referred to as UPS, is the world's largest package delivery company, delivering more than 15 million packages[1] a day to 6.1 million customers in over 200 countries and territories around the world. (UPS), DPI's primary shipping vendor, will allow adjusters to prepare and print shipping labels from their computers and also create a shipping spreadsheet which can track all the shipping activities by insurance company office and adjuster on a "real time" basis. "As DPI grows, it is a company goal to stay on the cutting edge of information technology to control costs and increase our efficiency and these procedures, to be implemented this coming January, will do that." About Diversified Product Inspections, Inc. (www.dpi-inc.com) Launched in 1991 and headquartered in Oak Ridge, Tennessee Oak Ridge is an incorporated city in Anderson and Roane Counties in East Tennessee, about 25 miles northwest of Knoxville. Oak Ridge's population was 27,387 people at the 2000 census. , 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 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. - 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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