Printer Friendly

HARVARD CAPITAL ANNOUNCES SHIPMENT OF INITIAL MACHINE ORDER

 HARVARD CAPITAL ANNOUNCES SHIPMENT OF INITIAL MACHINE ORDER
 VANCOUVER, British Columbia, Aug. 20 /PRNewswire/ -- Harvard Capital Corp. (Vancouver: HCC) announces the shipment of the balance of its initial 50 machine order of its proprietary french fry vending machine.
 With the recent completion of testing and inspection in Korea by the company's consulting engineers, Kaiser Resources Ltd., Harvard's initial machine order is now ready for shipment to North America. The company and its engineers also have now successfully completed detailed testing and analysis of the first production model of its newly designed machine previously delivered to Vancouver.
 On Aug. 24, 1992, two machines will be shipped air freight to Vancouver for placement on the University of British Columbia campus in Vancouver prior to the start of the fall term. In addition, one machine will be shipped air freight to Underwriters Laboratories in Santa Clara, Calif., as part of the insurance certification process and one machine will be shipped to Philadelphia, for the initial training of Harvard's U.S. test partner's technical personnel.
 The remaining 45 machines will be shipped to the company's test markets by sea on Aug. 25, 1992, with 33 to be delivered to Philadelphia and 12 to Vancouver.
 The company is pleased with the performance of the new production model machine and looks forward to commencement of the market test program.
 Financial Advisor to be Appointed
 The company has reached an agreement in principle to engage First Marathon Securities Ltd. of Toronto as the company's financial advisor to advise and assist the company in its financing activities.
 The agreement, which is under final preparation, is subject to acceptance for filing by the Vancouver Stock Exchange.
 -0- 8/20/92
 /CONTACT: Robert W. Dunn, senior VP and CFO of Harvard Capital, 604-688-4883/
 (HCC.) CO: Harvard Capital Corp. ST: British Columbia IN: FOD SU:


JB -- LA021 -- 1883 08/20/92 16:50 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 20, 1992
Words:313
Previous Article:HADCO BOARD AUTHORIZES PURCHASE OF COMMON STOCK
Next Article:AFL-CIO PRESIDENT COMMENTS ON RULES FOR TEAMSTERS' INTERNAL REVIEW BOARD
Topics:


Related Articles
HARVARD CAPITAL CORP. ANNOUNCES ELECTIONS
HARVARD CAPITAL CORPORATION - UPDATES
HARVARD CAPITAL CORPORATION MAKES ANNOUNCEMENTS
HARVARD INTERNATIONAL TECHNOLOGIES SUBSIDIARY SIGNS 10-YEAR LICENSE CONTRACT FOR SPAIN AND PORTUGAL
HARVARD INTERNATIONAL TECHNOLOGIES SUBSIDIARY SIGNS 10-YEAR LICENSE CONTRACT FOR BRAZIL AND BRITISH GUYANA
HARVARD INTERNATIONAL TECHNOLOGIES SUBSIDIARY SIGNS 10-YEAR LICENSE CONTRACT FOR KOREA
HARVARD INTERNATIONAL TECHNOLOGIES ANNOUNCES RESULTS
HARVARD SIGNS LETTER OF INTENT TO ACQUIRE SEDONA INDUSTRIES LTD. FOR 2 MILLION HARVARD COMMON SHARES AND 500,000 WARRANTS
HARVARD INTERNATIONAL ANNOUNCES 1993 RESULTS, SIGNS DEFINITIVE AGREEMENT TO ACQUIRE SEDONA
HARVARD INTERNATIONAL OBTAINS FINANCING FROM KAISER RESOURCES; HARVARD SHAREHOLDERS APPROVE ACQUISITION OF SEDONA INDUSTRIES

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters