Expo Holdings looking good going into 2010
Expo Holdings, Inc. Issues Corporate Update
NORTH WILKESBORO, NC -- (Marketwire) -- 10/01/09 -- Expo Holding, Inc. (PINKSHEETS: EXPH) Issues Corporate Update
In the past few weeks the company has shipped more than 25 truckloads of displays, to Lowe's Companies Inc. stores. Sales have now significantly exceeded $200,000. This project will continue into the foreseeable future and well into 2010.
The company is preparing to ship three etc. brand cabinet orders with a cumulative value exceeding $40,000. These orders are for commercial customers, for use in commercial applications. The company is preparing new improved forecasts for 2010 sales performance.
James D. Brown, CEO, stated, "As we press forward with our new brand, we continue to expect light distribution in 2009 and heavier distribution in 2010. However, we are pleased that the product has been well received and there are now indications, we may need to accelerate our growth plans. Our website easytoinstall.com has caught the attention of at least one Fortune 500 retailer, evidenced by them contacting us. This retailer was not approached by our team prior to the website launch."
The company will be hosting a shareholder meeting during the 4th quarter of 2009, at its headquarters in North Wilkesboro, NC. This will be a great opportunity, for shareholders to meet our management team, share their views, as well as learn about the company's growth plans for 2010.
Additional information will be forthcoming. Second quarter financials will be posted to pinksheets.com in the very near future.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006. |
