Published:
Expo Holdings, Inc. Receives Additional $125,000 in Orders From Fortune 100 Retailer
Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., is pleased
to announce it has received additional orders from one of its major clients
in excess of $125,000 for the month of September.
The orders include 17 new store packages and 9 remerchandising packages.
These orders are for the month of September only; the company expects
additional orders from this retailer as they ramp up for the holiday
shopping season. Sales to this client alone exceeded $1.7M US Dollars in
2007. Total company revenues are expected to exceed $5.5M in 2008, which
would represent a 13% increase over 2007 revenues of $4.8M.
James D. Brown, Expo Holdings CEO, stated, "We have been very pleased to
serve this retailer directly and indirectly (through its vendors) for the
past 6 years. This month's orders simply demonstrate our continuing
relationship. Further, we are presently shipping large orders to this
retailer in behalf of several of its suppliers including Kronotex, Pergo,
GBI, and several others. We expect that our business will continue to grow
during the 4th quarter as it is typically our best quarter. We believe the
retail market is due for resurgence, and we are poised to capitalize. We
are currently finishing up our pro forma information as well as preparing
our financial reports for public release within the next few weeks."
About Expo Holdings, Inc.
http://www.expoholding.com
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 S&K Men's Wear. 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 21E 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.
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