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NCO

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Share Name Share Symbol Market Type
TSXV:NCO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Nuvolt Corporation Announces the Deposit of its Quarterly Financial Statements as at May 31, 2013

05/07/2013 2:21pm

Marketwired Canada


Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE:NCO) announces the filling of
its quarterly financial statements for the third quarter of the fiscal year
2012-2013, ended May 31, 2013.


"Nuvolt's turnover continues to increase, especially in the agriculture market
in the U.S. It exceeds by nearly 5% the twelve-month period ended August 31,
2012." says Mr. Gilles Roy, Chief Executive Officer. "The backlog is well filled
to start the last quarter of the year. This allows the Company to maintain its
growth in the agriculture market, while pursuing efforts to conclude commercial
agreements to increase sales of products intended to other markets, which are
the ShipScan and the SmartScan Pro." concludes Mr. Roy. 


Highlights:



--  Sales increased by 27% for the quarter and by 38.5% for the nine- month
    period of the fiscal year 2012-2013, as compared to the same periods of
    last fiscal year; 
    
--  Work completed and tests underway on the improvements to the alarms
    management of the SmartScan system; 
    
--  Notice of allowance received for a patent application in the U.S on the
    software part of the SmartScan technology. 



The quarterly financial statements and the management report can be view on the
System for Electronic Documents Analysis and Retrieval (SEDAR), available at
www.sedar.com.


About Nuvolt Corporation Inc. 

Nuvolt has developed a specialized expertise in the monitoring and the
management systems for electrical failures, power quality, the detection and
neutralization of leakage current for the agriculture, maritime, commercial and
industrial markets. SmartScan is now available to the agriculture market. The
SmartScan system has the ability to predict an electrical failure on equipment
and electrical networks. It could prevent equipment failures and production
downtime on production assembly lines and commercial buildings and also fire
risks. The ShipScan, for the maritime market, and the SmartScan Pro, for the
industrial market were launched in September 2012.


Certain statements contained in this press release constitute forward-looking
information. Such statements are based on the current expectations of
management. You are cautioned that such statements can be subject to a multitude
of risks and uncertainties that could cause actual results, future circumstances
or events to differ materially from those projected in the forward-looking
information. The reader should not place undue reliance on the forward-looking
information included in this press release given that (i) actual results could
differ materially from a conclusion, forecast or projection in the
forward-looking information, and (ii) certain material factors or assumptions
were applied in drawing a conclusion or making a forecast or projection as
reflected in the forward-looking information could prove to be inaccurate. There
is no guarantee that the proposed private placement can be completed on the
terms described in this press release. These statements speak only as of the
date they are made, and Nuvolt assumes no obligation to revise such statements
as a result of any event, circumstance or otherwise, except in accordance with
law. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Jacques Dion
President
(418) 833-0773
(418) 833-4055 (FAX)

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