SLS International Achieves Highest Monthly Sales in Company's History
2005年9月7日 - 10:02PM
PRニュース・ワイアー (英語)
August Sales of $609,000 Expected to Result in Record Third Quarter
Sales SPRINGFIELD, Mo., Sept. 7 /PRNewswire-FirstCall/ -- SLS
International (OTC:SITI) (BULLETIN BOARD: SITI) announced today
that it generated record monthly sales for August. The Company had
sales of $609,000 helped by growing sales of its Q Line Silver
Surround Sound Home Theater Systems, which were recently shipped to
a Fortune 50 retailer. The strong August results have helped the
company record sales of $851,000 for the first two months of its
third quarter that will end September 30, 2005. In addition,
$437,000 in orders have been placed with the Company and are being
produced to ship as soon as they are completed, which is expected
to be by the end of September. The combination of existing sales
and orders scheduled to ship would generate sales of $1,288,000 for
the third quarter, and with nearly one month remaining, the Company
expects to receive many additional orders that will carry its sales
momentum into the fourth and final quarter of it's fiscal year.
Existing sales and orders already exceed the Company's previous
highest quarterly revenue to date. SLS generated revenue of
$855,000 for its second quarter ended June 30, 2005 and $576,000
for its third quarter in the year earlier period. "We are beginning
to see strong momentum as a result of many of our marketing
initiatives, along with the exposure that we are receiving through
our relationship with Mark Burnett Productions," said John Gott,
SLS International's chief executive officer. "We are excited to
work closely with entertainment icon Quincy Jones to help ensure
that the rollout of the Q Line, currently underway, at a Fortune 50
retailer will be successful. While we believe we are well
positioned to continue our strong revenue growth throughout 2005,
many of the programs we are pursuing today will enable the Company
to grow even faster next year." About SLS: Based in Ozark, Mo., SLS
International, Inc. is a 30-year-old manufacturer and developer of
new proprietary patent-pending ultra-high fidelity Ribbon Driver
loudspeakers, patented Evenstar Digital Amplifiers and sound
systems for the commercial, home entertainment, professional and
music markets. SLS has perfected the ribbon-driver technology
enabling their loudspeakers to achieve exceptional inner detail and
accuracy with 20% to 30% less distortion of typical compression
driver and dome tweeters. SLS speakers and systems are used in
high-profile venues such as NBC/MSNBC's 2002 and 2004 Olympics
studios, the Recording Academy's Grammy Producers SoundTable
events, and for the NAMM winter show, providing sound in the AVID
Technology booth just to name a few. For more information, visit
http://www.slsaudio.com/ . Matters discussed in this press release
contain forward-looking Statements within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words "anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These include, but are not limited to, risks and
uncertainties associated with the impact of economic, competitive
and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently; and other factors detailed in reports
filed by the Company with the Securities and Exchange Commission.
DATASOURCE: SLS International, Inc. CONTACT: Jeff Lowry of SLS
International Inc., +1-417-883-4549, Fax: +1-417-883-2723, ; or Ed
Lewis of CEOcast, Inc. for SLS International Inc., +1-212-732-4300,
Fax: +1-212-732-1131, Web site: http://www.slsloudspeakers.com/
http://www.slsaudio.com/
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