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To: KaiserSosze who wrote (135361)9/2/2005 2:38:18 PM
From: hotlinktuna  Read Replies (1) | Respond to of 208838
 
Yeah NLST 1.95 +.55 HOD a crazy one: National Storm Management, Inc. Announces Revenue Growth.
Thursday September 1, 1:35 pm ET

GLEN ELLYN, Ill.--(BUSINESS WIRE)--Sept. 1, 2005--(Pink Sheets:NLST - News), National Storm Management, Inc. reports revenue growth for the six month period ended June 30, 2005. The company showed an increase in revenues to $8.8 million, up from $3.6 million for the same period last year. This growth represents a 142% increase in the company's revenues. For the three month period ended March 31, 2005, the company showed EBITDA of $236,000 on $4.9 million in revenues. For the six months ended June 30, 2005, the company showed a loss of $117,000 before taxes, depreciation, and amortization.
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"Although we are disappointed with the second quarter bottom line, the loss was primarily attributable to the company's recent expansion into three locations within Florida, an unusually rainy June, and the costs of infrastructure development, the costs translated the significant revenue increase into a loss. Data showed June 2005 to be the second rainiest month in history for Florida. We believe that operations have now been organized in a way that will enable NLST to translate the significant top line revenue growth into a growing net income over time," states Terry Kiefer CEO.

Detailed financial statements can be located on PinkSheets.com.

National Storm Management, Inc.'s affiliates: ABC Exteriors (Illinois), Pinnacle Roofing (Orlando, Vero Beach & West Palm Beach, Florida), MSM Builders and Remodelers (Missouri), MSM Builders & Remodelers (Minnesota), First Class Builders (Maryland), and First Class Roofing and Siding (Ohio) are recognized by all major insurance companies such as State Farm, Allstate, Farmers and many others for storm related claims. The Company is also a member of the National Roofing Contractors Association (NRCA) and the Better Business Bureau.

SAFE HARBOR STATEMENT

Certain statements included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations.

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Contact:
National Storm Management, Inc.
Mark V. Noffke, 630-469-7663
M_noffke@abcexteriors.net

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Source: National Storm Management, Inc.