SOURCE: QPS Die Cutters and Finishers Corporation

April 10, 2012 09:29 ET

QPS Announces Progress Under New Business Model

HILLSIDE, NJ--(Marketwire - Apr 10, 2012) - QPS Die Cutters and Finishers Corporation (PINKSHEETS: QPSF) announces continuing progress under the new business model adopted by the Company. "As our transition to a national full service communications firm continues, we see encouraging progress on several fronts," stated Jim Patterson, consultant and acting COO. "For example, the Company closed on several multi-year competitive contracts during the first quarter, notably with new clients in the public sector. We have proven that we can be a formidable competitor and aggressively capture targeted new business. This progress helps to validate our business model to develop business as a prime contractor," Patterson stated.

"We are excited about this year," Patterson added. "There is still work to be done in the transitioning, but we see progress. The Company is expecting to increase revenues over last year, and that is our focus. Additionally, we will assess pragmatic acquisitions and 'roll-ups' that provide high-value benefits to the Company and long-term avenues for growth," explained Patterson.

About QPS

QPS is a premier provider of media and communications services. The Company is a high-performance, single source for design, print, and post-print operations. The Company's principal products/services focus on production of high-profile items to promote product/brand awareness, enhance marketing communications, and improve media promotion effectiveness of our clients.

Forward-Looking Statements:

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of QPS and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • Investor Contact:
    Jim Patterson
    (908) 810-2300 x 1001