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SmallCapReview News Alert
SPSC announced today that has
begun full production of advanced medium range air-to-air missile containers,
earlier this week the company announced it had agreed to acquire Inland
Fabricators in a deal that will increase revenue capacity to $50 million and
give the consolidated corporations a workforce of 210 employees.
The company's stock continues to set 52-Week Highs almost daily and is up 58%
since our introduction in early February.
GDVI announced that it's
wholly owned subsidiary has invested in design upgrades to better meet demands
and increase offerings. Earlier this week the company announced it has
secured contracts valued at over $1 million and is expecting
several more contracts to be signed within the next two weeks. GDVI is up over
100% since our introduction.
Spectrum
Sciences and Software Begins Full Production of Advanced Medium Range Air-to-Air
Missile -AMRAAM- Containers...(SPSC)
Global
Diversified Industries, Inc. Subsidiary Invests In Design Upgrades Providing
Exclusive Product Offerings...(GDVI)
Spectrum
Sciences Announces Agreement to Acquire Inland Fabricators, LLC...(SPSC)
Global
Diversified Industries, Inc. Secures Contracts Valued at Over $1
Million...(GDVI)
Spectrum
Sciences and Software (SPSC)
Press
Release:
Spectrum
Sciences and Software Begins Full Production of Advanced Medium Range
Air-to-Air Missile -AMRAAM- Containers
SPSC announced that they have
begun to satisfy the $3.7 million contract for (AMRAAM) missile containers.
Dwight Howard, Vice-President Manufacturing stated, "This is a major
milestone for our manufacturing division, receiving immediate first-article
approval is yet another confirmation of our commitment to quality".
Spectrum's manufacturing division
has now delivered over 400 government contracts, on time and without
discrepancies.
Spectrum Sciences will look to
secure additional (AMRAAM) missile container contracts (from allied nations),
when it presents for the first time at the 2004 (AMRAAM) International Users'
Conference on May 4th-6th in San Francisco, CA.
To view the full
Press Release please visit http://biz.yahoo.com/bw/040422/225133_1.html
Press
Release:
Spectrum
Sciences Announces Agreement to Acquire Inland Fabricators, LLC
SPSC announced that it has executed
a Letter of Intent to acquire Inland Fabricators, LLC, a Louisiana-based company
engaged in large-scale pipe fabrication for government and private sector
companies. The acquisition of Inland Fabricators, an approximate $5 million
revenue company will provide Spectrum with revenues and pro-forma
earnings.
With Inland's current revenue run
rate of approximately $5 million, Spectrum will essentially double its
manufacturing revenue. The benefits and cost savings of the consolidation with
Inland are numerous. The resulting corporations revenue-capacity will grow to
$50 million, including Inlands 72,000 square foot $30 million revenue-capacity
facility. The consolidated companies will have a highly qualified workforce of
210 employees."
To view the full
Press Release please visit http://biz.yahoo.com/bw/040422/225133_1.html
To view the
complete
profile on SPSC please visit http://www.smallcapreview.com/spsc.htm
Global
Diversified Industries (GDVI)
Press
Release: Global
Diversified Industries, Inc. Subsidiary Invests In Design Upgrades Providing
Exclusive Product Offering
Global Diversified Industries, Inc.
Chairman and CEO Phil Hamilton states, ``the well-spent capital to improve our
core product designs will provide our companies with a quick return on
investment. Our efforts will in some cases, allow us to offer school districts
exclusive product offerings that our competition cannot currently match. Most
importantly, it will provide our customers with product design alternatives
permitting our subsidiaries to bid on virtually any project without the
potential of being disqualified due to nonconformance to specifications.''
Hamilton adds, ``our engineering upgrades will be completed soon and submitted
to the state authorities for approval. The approval process should be finalized
in time for our subsidiaries to introduce our improved product offerings to the
market and secure new orders before the end of the peak buying season.''
To view the full
Press Release please visit http://biz.yahoo.com/pz/040422/56266.html
Press
Release: Global
Diversified Industries, Inc. Secures Contracts Valued at Over $1 Million
The value from the latest group of contracts is
over $1 million and includes an excellent mix of product fabrication and site
related construction work. Since the original letters of intent were issued, two
districts have expanded the scope of work resulting in a 35% increase in
contract value over our original proposal.
Global Diversified Industries, Inc. Chairman and
CEO Phil Hamilton stated, ``We are pleased the school districts reacted so
quickly on securing school board approval for these projects. The ''letter of
intent`` process benefited both our subsidiaries and the school districts by
allowing us time to procure materials and incorporate the fabrication in our
production schedule ahead of the signed contracts. No time was wasted on
commencement of the projects.'' He added, ``We are expecting several more
contracts to be signed within the next two weeks, providing momentum to our
existing backlog.''
To view the full
Press Release please visit http://biz.yahoo.com/pz/040420/56073.html
To view the
complete
profile on GDVI please visit http://www.smallcapreview.com/gdvi.htm
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