SOURCE: H-Quotient, Inc.

May 06, 2005 09:25 ET

H-Quotient Increasing Manufacturing Capacity by $7 Million

VIENNA, VA -- (MARKET WIRE) -- May 6, 2005 -- H-Quotient, Inc. (OTC: HQNT) announced a contract for three new, custom-built, proprietary machines for delivery beginning in the summer and continuing into fall. These machines will be faster and more efficient than the Company's current machines and will increase the Company's medical product manufacturing capacity by approximately $7 million per year.

The Company has more than a two-month order backlog, and additional orders are about to increase that time frame. The new machines will not only alleviate the backlog problem -- thereby increasing revenues -- but allow the Company to expand its sales.

President and CEO Douglas Cohn said, "This development will generate a substantial revenue increase as soon as the first new machine comes on line. Further, these machines will impact our productivity and allow us to maintain our competitive posture in the marketplace. This constitutes the largest expansion of the Company's medical manufacturing business."

This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

For more information visit the H-Quotient web site at www.hquotient.com.

Contact Information

  • Contact:

    H-Quotient, Inc.
    Ashley Bell
    703-752-0690