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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (12352)	7/14/1999 9:16:00 AM
From: StkProfit$	Respond to of 52051

"Ten thousand Swedes...." Message 10499635 Warning: Not for the weak of heart.

To: Stock Watcher who wrote (12352)	7/14/1999 1:53:00 PM
From: Due Diligence	Read Replies (1) \| Respond to of 52051

(COMTEX) B: EPOLIN, INC. UPDATES STATUS IN LETTER TO STOCKHOLDERS B: EPOLIN, INC. UPDATES STATUS IN LETTER TO STOCKHOLDERS NEWARK, N.J., Jul 14, 1999 /PRNewswire via COMTEX/ -- EPOLIN, INC. (OTC Bulletin Board: EPLN) announced today that it has informed its stockholders by letter of the following: "To: Epolin Stockholders July 9, 1999 I must apologize for reaching you so long after the fiscal 1999 10K report was filed. Although the report states a small increase in sales with very modest earnings/share, we believed that the company's performance was better than these data showed and that we were progressing along the right track. Although one cannot guarantee events in the future, it is worth stating that the first quarter of the new fiscal year confirmed as much. Sales moved up smartly to the $2.0 million/year rate while earnings/share doubled. We believe that this growth is more than a blip on the event screen because the calendar year results (from January through June) shows that this rate of sales was sustained over the last six months. We attribute the increase to customer acceptance of Epolin as a responsible, high quality supplier ofnear infrared dyes and to a robust economy. We see a payoff from our efforts over the past year to reach customers who use our dyes in new applications. Helping in this regard, we built up sales to the imaging market by concluding an agreement with a manufacturing representative with special links to this market. Sales continue to be strong in our primary markets; for lenses and face shields used for laser protection and welding. Diverse, new applications such as plastic welding, security inks, display panels and heat shields are now also contributing to our bottom line. R & D continues to be a major commitment for the company. In our last letter we reported the development of new, thermally stable dyes (Class V,and VI) which we introduced last year. These continue to grow, especially fornew applications. More recently we developed dyes which combine the thermal and light stability of class V and VI dyes with a dramatic improvement in their solubility. We believe that class VII dyes of this kind will find use in coatings for plastics and glass. They are sufficiently soluble in solvents and resins to attenuate intense near infrared radiation even in athincoating. We continue to improve our customer service capabilities through the acquisition of analytical instrumentation. The recent purchase of a thermogravimetric analysis instrument allows us to gain a precise measure of a dye's thermal stability by following the weight loss of the dyeversus temperature. We have added to our sample preparation capability through the purchase of an injection molder. We now supply formulated sample chips for customer evaluation. In this way, a customer can specify whatlight frequencies he wishes to block. We then use our computer model to determine the combination of dyes needed to meet this requirement. The dye and resin can be combined and injection molded to produce a sample for the customers to evaluate. We have kept the management team intact and will be expanding the professional staff as justified by growth of the business. We meet Y2K compliance requirements. The reader is directed to the l0KSB for fiscal 1999 as well as the 10QlSB for 2000 for further information. Our web page (http://www.epolin.com) describes our product offerings and we can be reached at our e-mail address (info@epolin.com). We will keep you informed as newand significant events occur during the year. Sincerely, Murray S. Cohen, Ph.D. Chief Executive Officer and Board Chairman" Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions. SOURCE Epolin, Inc. (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Murray S. Cohen, C.E.O. or James Ivchenko, President, both of Epolin, Inc., 973-465-9495, or fax, 973-465-5353 (EPLN) GEOGRAPHY: New Jersey INDUSTRY CODE: CHM FIN SUBJECT CODE: OTC * end of story *