SOURCE: Expo Holdings, Inc.
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October 26, 2009 11:47 ET
Expo Holdings, Inc. Posts 120% Net Profit Improvement
NORTH WILKESBORO, NC--(Marketwire - October 26, 2009) - Expo Holding, Inc. (PINKSHEETS: EXPH)
updates pinksheets.com and delivers a 120% net profit improvement over 1st
half 2008.
The company has delivered solid operational performance during the 1st half
of 2009. Year to date for the quarter ended June 30, 2009 the company
produced $40,612 in net profits or a 120% net profit improvement based on
an approximate loss of $206,800 for the same period in 2008. The company
anticipates a rapid replacement of the pinksheets.com stop sign icon with a
yield icon.
James D. Brown, CEO, stated, "We are quite pleased with our operational
performance for the 1st half of 2009, however, we always strive for higher
sales."
Glenn Harrs, President, commented, "The 2008 & early 2009 business climates
have been tougher than any I can remember. I am pleased to report that the
company is moving forward, is profitable as of June 30, 2009, and has a
high-growth 2010 planned."
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.
This release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 27E of the Securities
Act of 1934. Statements contained in this release that are not historical
facts may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected or
suggested herein due to certain risks and uncertainties including, without
limitation, ability to obtain financing and regulatory and shareholder
approvals for anticipated actions.