FORT LAUDERDALE, Fla., Sept. 14 /PRNewswire-FirstCall/ -- United Company's Trebor Industries, Inc. (d/b/a Brownie's Third Lung) (OTC Bulletin Board: UCPJ) exceeded management's target of a 30% increase in revenues for the eight-month period ended August 31, 2004. This increase is predominantly attributable to revenues related to the custom design, engineering and fabrication services provided to the yachting industry. Brownie's Third Lung has long been a leader in air and mixed gas delivery systems, specifically serving the diving/yachting market. Plans are currently in the making to expand these offerings to yacht builders, allowing seamless integration of diving systems during the initial builds, and value-added sales for the builders themselves. Additional revenues were generated through the SeaDoo Scooter distributorship established earlier this year. In August, Brownie's facility in Fort Lauderdale shipped 90% of its first allotment from SeaDoo within 24 hours of receipt. Additional sales promotions will be announced in September to further promote this new relationship. Information about our products can be found at http://www.browniedive.com. Forward-Looking Statements Statements about the company's future expectations, including revenues and earnings and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Exchange act of 1934, and as the term defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this release, the Company will appropriately inform the public. For investor relations, please contact Robert Carmichael of United Companies Corporation at (954) 462-5570. SOURCE United Companies Corporation -0- 09/14/2004 /CONTACT: Robert Carmichael of United Companies Corporation, +1-954-462-5570/ /Web site: http://www.browniedive.com/ (UCPJ) CO: United Companies Corporation; Trebor Industries, Inc. ST: Florida IN: OTC SPT SU: ERN OTC
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Picked up some... at .02... Let's see what it does... hopefully it's got a second breath... salemm.
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
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I have seen my investment in this go down by 98%, it will take many 50% jumps for it to recover IMHO
Posts: 120 | From: Woodland Hills CA USA | Registered: Jun 2004
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