TVI Receives $1.3 Million Add-on Order from the United Kingdom.Business Editors
GLENN DALE, Md.--(BUSINESS WIRE)--Feb. 2, 2004
TVI TVI Televisão Independente (Portuguese TV Channel)
TVI Technical Vocational Institute (Albuquerque)
TVI Teacher of the Visually Impaired
TVI Television Interference
TVI Tutored Video Instruction Corporation (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). : TVIN TVIN Thames Valley Investment Network (UK) ), a leading supplier of rapid deployment shelters and chemical/biological decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc.
n. systems for the military, public health and first response agencies, announced today that the United Kingdom has placed an additional $1.3 million dollar order for the UK Protocol Systems, validating the global technological leadership of TVI. This order augments the $8.9 million dollars of TVI equipment put in operation throughout the UK in 2003, and was placed after exhaustive drills proving the reliability and effectiveness of the TVI product.
Designed and developed in partnership with the UK Fire Service Inspectorate and Professional Protection Systems in June of 2003, these systems incorporate TVI's leading edge technology including the new IntelliJet(TM) Nozzle and the patented TVI articulating frame, all of which helped establish TVI as the global standard in mass casualty decontamination.
As a testament to the original selection of TVI, a British Government spokesman stated, "The new British decontamination system developed for us by TVI Corporation and Professional Protection Services met our requirements better than any we have evaluated to date."
Mark Whitcher, President of Professional Protection Services, and TVI's Partner in the UK stated, "This order for TVI product is the next logical step in our international expansion. The steadfast commitment to TVI by one of the world's preeminent fire services
Fire Services (Chinese:消防) is a Hong Kong football club. The majority of the players are working for the Fire Services Department in Hong Kong and playing for the club on attests to the product's unequaled performance. Their continued validation is propelling many of our other worldwide initiatives forward."
Rick Priddy, TVI 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. , added, "This order is important for two reasons. First and foremost, having established ourselves as the leader in decontamination technology domestically, we are pleased our closest ally in Operation Iraqi Freedom has also chosen to rely on us to protect its citizens. Should the unimaginable happen, I am proud that TVI product will help decontaminate de·con·tam·i·nate
tr.v. de·con·tam·i·nat·ed, de·con·tam·i·nat·ing, de·con·tam·i·nates
1. To eliminate contamination in.
2. the innocent and help reduce casualties in the UK. Secondly, the continued validation of our product line by Her Majesty's Fire Service sets the stage from which we are realizing our global expansion. TVI's product is being evaluated in countries throughout the EU, Asia and Africa, and this reorder re·or·der
v. re·or·dered, re·or·der·ing, re·or·ders
1. To order (the same goods) again.
2. To straighten out or put in order again.
3. To rearrange.
v. reinforces the formal approval by the UK. The need to respond to disasters, both natural and manmade, is an ongoing responsibility, and we expect many nations of the world to choose our equipment to assist them in fulfilling that obligation."
Information contained in this press release constitutes 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 securities laws and involves expectations, beliefs, plans, intentions or strategies regarding the future. These statements may be identified by the use of forward-looking words or phrases such as "should", "believes", expects", "might result", "will" and others. These forward-looking statements involve risks and uncertainties and are not guarantees of future performance, as actual results could differ materially from our current expectations. Such risks and uncertainties include achieving order and sales levels to fulfill revenue expectations; our ability to respond to changes in the counter-terrorism, military, public safety, and first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency communities; adverse changes in governmental regulations; expected costs or charges, certain of which may be outside the control of the Company; the time and costs involved in the marketing and promotion for our products; the possible cancellation of orders for our products; general economic and business conditions; and competitive factors in our markets and industry generally. Numerous other factors could cause or contribute to such differences, including, but not limited to, those set forth in the Company's Annual Report to Stockholders, 10-KSB, 10-QSB, and other SEC filings. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date of the press release. We assume no obligation to update any such forward-looking statements.
TVI Corporation, located in Glenn Dale, Maryland
Glenn Dale is a census-designated place (CDP) in Prince George's County, Maryland, United States. The population was 12,609 at the 2000 census. , is a leading supplier of rapid deployment shelters and signage, chemical/biological decontamination systems for the military, public health, and first response agencies. TVI also is a primary source to the military for thermal targets and thermal decoys. Its stock trades on the OTC Bulletin Board OTC Bulletin Board
An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol "TVIN."
The TVI designation is a service mark of TVI Corporation. All other company and product names mentioned above are trade names and/or trademarks of their respective owners.
For more information concerning TVI, please visit us at: www.tvicorp.com.