SOURCE: Triton Distribution Systems, Inc.

Triton Distribution Systems, Inc.

February 01, 2011 08:00 ET

Triton Distribution Systems, Inc. Files Year End 2010 Financial Report and Interim Financial Report for Post Acquisition January 2011

TIBURON, CA--(Marketwire - February 1, 2011) - Triton (PINKSHEETS: TTDZ) is pleased to announce today the filing of the Year End 2010 Financial Report as well as the Interim Financial Report for the Post Acquisition of AGT January 2011 concurrently. Filings can be viewed at the www.otcmarkets.com under the Financials and OTC Disclosure & News Service.

"We are very pleased to announce to our shareholders that the company has substantially reduced the debt that was showing on its balance sheet while impressively increased its profitability. We are now very confident that the company will achieve its stated goals and objectives and continue on the route of a well run company in this sector. We have instructed our attorneys to proceed with the upgrade of Triton to a higher OTC tier. The next few months we will work aggressively to elevate the company to a more actively reporting organization that will report all its activities to the proper authorities as required by law," said Gregory E. Lykiardopoulos, Triton's Chairman and Chief Executive Officer.

FORWARD-LOOKING STATEMENTS
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. The company's operations and business prospects are always subject to risk and uncertainties. 

Contact Information

  • Contact
    Triton Distribution Systems, Inc.
    Gregory Lykiardopoulos
    CEO
    415-381-4806