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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (7797)9/8/1998 10:57:00 AM
From: OFW  Read Replies (1) of 25711
 
PDCI News out.

CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Sept. 8, 1998--Tuesday
morning, PDC Innovative Industries Inc. (BB:PDCI) CEO David Sowers
released the details of recent purchases made for machinery that is
considered the world's fastest CNC Machinery Center (a Mazak product).
"This will permit more than 2,500 levels to be produced each
week," Sowers stated, adding that, "These levels, capable of
telescoping for size and using a bulb dial for accuracy in the more
expensive models will revolutionize construction level product
markets everywhere," also repeating an earlier announcement that the
company has verbally accepted major orders for the levels from
national distributors.
The company also purchased a Mazak constructed CNC Lathe, "The
finest we could find," according to Fernando Bugallo, company chief
engineer. The lathe will cut the dial and ridges for the dialed
levels, the company's most sophisticated level produced in Coral
Springs, Fla.
CEO Sowers further stated that the company paid more than
$250,000 for the new equipment, adding that the dramatic interest in
PDCI by shareholders recently, when hundreds of thousands of shares
changed hands, created a mandate to go forward with only quality
technology for the great products still ahead, including the
production of the Sterile-2000, which has received major interest for
its ability to reduce contamination in the medical field for handlers
of dangerous after treatment medical residue.

--30--lhs/mi*

CONTACT: PDC Innovative Industries Inc., Coral Springs
Michael Hiler, 954/341-0092
Fax 954/341-5361
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