TCP Reliable Announces Sales Gains for the Second and Third Quarter 1998.EDISON, N.J.--(BUSINESS WIRE)--Oct. 13, 1998--TCP/Reliable, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : TCPN TCPN Time Constraint Petri Net ) recorded $ 2,008,000 in revenues for the third quarter 1998 vs. 1,003,000 for the same period last year. This record follows 2nd quarter sales of $1,514,000 vs. $1,330,000 for the same period 1997. Management expects a 60% increase in revenues for 4th quarter 1998 vs. 4th quarter 1997 sales of $1,120,000. Stockholders of record can obtain additional information by attending the annual stockholder meeting at 9:00 on Tuesday, November 3rd, 1998 at the TCP headquarters in Edison, NJ. The company's production capacity in fabrication, molding, custom EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. foam cutting and phase change manufacturing has been increased via investments in capital equipment to accommodate increased demand for its products. TCP has also expanded its existing testing lab validation services for impact, humidity, temperature, and vibration to include Certified ISTA ISTA International Safe Transit Association ISTA Indiana State Teachers Association ISTA International Seed Testing Association ISTA International Sail Training Association ISTA Information, Science, and Technology Agency (British Columbia) tests. Increased interest in phase changing products will provide penetration into markets previously dependent on carbon dioxide (dry ice). Both -20 and DISE DISE District Information System for Education (India) DISE Deployable Intelligence Support Element DISE Drive Image Special Edition DISE Display Evolution DISE Distribution Illumination System, Electrical (Dry Ice Substitute) provide extended low temperatures independent of or in conjunction with transport modes. In addition, Exo-Gel (a high temperature stabilizer that acts as both a shield and a heat sink) will allow TCP to capture the expanding biotech market for products requiring stringent temperatures from 10(degree) C to 50(degree) C. This climate control packager designs, creates, tests, and manufactures temperature control packaging systems for the pharmaceutical, food and industrial categories. The forward-looking statements contained in this press release reflect the company's current beliefs and expectations, but may involve risks and uncertainties. These forward-looking statements are made pursuant to the harbor provisions of the Private Securities Litigation Reform act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. |
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