here is a nice little situation for just a few pennies per share. first, latest release then some background. 24m outstanding, otc bb, filings on edgar, made $620k or 2.5 cents for the first 9mo, and selling at .13 offer.
(COMTEX) B: TVI CORP - Awarded Contract by DoD Supply Center
B: TVI CORP - Awarded Contract by DoD Supply Center
New York, New York, Dec. 05, 2000 (Market News Publishing via COMTEX) -- TVI
Corporation announced that it had been awarded a contract to supply its tactical
shelters and utilities trailers to the Department of Defense.
The contract is for a period of one year with options for three additional
years. The contract is an indefinite quantity type and purchase quantities if
any cannot be projected. The contract was awarded after open competition
including a site visit and product evaluation.
Allen Bender, president of TVI, reported that the company was using the contract
to launch its ModCom shelter line, an improved family of modular, complexing
tactical shelters. "These performance capabilities are of particular interest to
DoD" he said, "because the military likes to have a minimum number of standard
items which can be adapted to a variety of applications."
Mr. Bender noted that "the company's patented articulating shelter frame
provides the ruggedness and flexibility for joining shelters and vehicles into
integrated housing/equipment/office facilities of many sizes and shapes." The
ModCom shelter family includes frames with interior widths of 10.5, 13.5, and
16.0 feet wide, each in several lengths.
The company believes that the military market will present many opportunities
for its articulating frame shelters.
"Communications-Electronics (C-E) applications have been the mainstay in the
past" Mr. Bender noted. "However," he said, "applications such as tactical
operations centers, collective protection systems, and field medical facilities
will likely be major requirements in the future. Tactical grade shelters which
are highly portable and rapidly deployable are essential for the computerized
battlefield."
TVI is a fully reporting company under SEC regulations. Its common stock trades
on the OTC Bulletin Board under the symbol TVIN. More information is available
at www.tvicorp.com.
This release contains forward looking statements made in reliance on the Safe
Harbor provisions of Private Securities Litigation Reform Act of 1995. Actual
future results could differ materially from those suggested or implied in this
release. There are many risks and uncertainties which could adversely impact the
Company's ability to obtain orders for these tactical shelters and trailers.
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TEL: 301/352-8800 Allen Bender, Chairman
TEL: 301/352-8800 Allen Bender, Chairma
TVI Corporation
__________________________________________________
___________________________________________________________________
(c) Market News Publishing Inc. Tel:(604) 689-1101
All rights reserved. Fax:(604) 689-1106
MarketbyFax(tm) - To get the NEWS as it happens, call (604)
689-3041.
*** end of story ***
(COMTEX) B: TVI Corporation Reports Third Quarter Results More Than D
B: TVI Corporation Reports Third Quarter Results More Than Doubled
GLENN DALE, Md., Oct 31, 2000 (BUSINESS WIRE) -- TVI Corporation released
Tuesday its financial report for the third quarter showing revenues increased by
117% and net income by 184% over the results for the same period in 1999.
The following table presents an unaudited summary of the results for the three
month and nine month periods ending September 30 for the years 2000 and 1999.
3 months Sep 30 9 months Sep 30
2000 1999 2000 1999
---- ---- ---- ----
Net Sales $913,365 $420,363 $2,417,050 $1,288,956
Cost of Goods 561,537 215,909 1,250,692 648,736
Gross Margin 351,827 204,454 1,166,358 640,220
SG&A Expense 199,597 144,742 632,138 491,800
Operating Income 152,230 59,712 534,220 148,420
Interest Expense 9,568 9,561 16,741 23,776
Other Income 0 0 105,086 104,813
Net Income $142,661 $50,151 $622,566 $229,457
Shares Outstanding 24,527,493 23,277,974 24,527,493 23,277,974
Earnings per share .006 .002 .025 .010
Allen Bender, president of the company, noted that the company's turnaround was
continuing, with both sales and income remaining strong. The product
diversification program has been successful, and the company now competes with
four product lines - thermal targets, tactical shelters, decontamination
equipment, and hospitality/promotion products.
This year marks the first time in the company's history when commercial products
accounted for a majority of its sales.
Mr. Bender commented that "we are particularly proud of our mass decontamination
systems and the leadership role they have achieved in the counter-terrorism
program." He noted that this product line resulted in the largest percentage of
the company's sales. He added "we continue both internal and external
initiatives to become a leading supplier in the public safety market."
The company also announced that its fourth quarter backlog was strong, and that
it is booking orders for the first quarter of next year.
TVI is a fully reporting company under SEC regulations. It's common stock trades
on the OTC Bulletin Board under the symbol TVIN. More information is available
at its home page at www.tvicorp.com.
CONTACT: TVI Corporation
Allen Bender, Chairman
301/352-8800
URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2000 Business Wire. All rights reserved.
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KEYWORD: MARYLAND DISTRICT OF COLUMBIA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE
GOVERNMENT
EARNINGS
*** end of story ***
(COMTEX) B: TVI CORP - Delivers Hospital ER Decontamination Shelters
B: TVI CORP - Delivers Hospital ER Decontamination Shelters
New York, New York, Jul. 26, 2000 (Market News Publishing via COMTEX) -- TVI
Corporation announced that it had completed delivery of its Hospital ER
Decontamination Shelter to three Philadelphia area hospitals.
The hospitals include The Children's Hospital of Philadelphia, Crozer-Chester
Medical Center, and Methodist Hospital Division of Thomas Jefferson University
Hospital. The decontamination shelters were acquired as part of their
comprehensive emergency preparedness planning.
Scott Arnold, Northeast Marketing Manager for TVI, stated that these deliveries
represented the culmination of efforts to develop a decontamination shelter
system meeting the unique requirements of hospital Emergency Rooms. He noted
that key features included rapid operation, ease of use, suitability for both
ambulatory and stretcher victims, and effectiveness in treating mass casualties
contaminated in a Nuclear, Biological, or Chemical incident. He added, "the fact
that these shelters are unique to each hospital underscores the versatility of
TVI's shelter systems."
Chuck Payne, RN, chairman of Methodist Hospital's Emergency Preparedness
Committee, noted that "TVI's shelter system is an integral part of our emergency
preparedness plan. The addition of this system will be of great benefit to the
community as we serve a highly industrialized area of Philadelphia."
Dave Ingram, Director of Paramedics for Delaware County Memorial Hospital,
sister hospital to Crozer, added that "TVI was eager to incorporate the elements
we felt would make an effectively designed decontamination shelter that fit our
needs. We are very happy with the results."
TVI is a leading manufacturer of thermal targets, quick-erect shelters and
signage, and decontamination systems. Its stock trades on the OTCBB with the
symbol TVIN. Additional information about the company can be found at its
website at www.tvicorp.com.
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TEL: 301/352-8800 Allen Bender, Chairman
TEL: 301/352-8800 Allen Bender, Chairma
FAX: 301/352-8818 TVI Corporation
__________________________________________________
___________________________________________________________________
(c) Market News Publishing Inc. Tel:(604) 689-1101
All rights reserved. Fax:(604) 689-1106
MarketbyFax(tm) - To get the NEWS as it happens, call (604)
689-3041.
*** end of story *** |
