ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

RS.H RS Technologies Com

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
RS Technologies Com TSXV:RS.H TSX Venture Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

RS Announces Transmission Order to Guatemala

17/06/2011 2:00pm

PR Newswire (Canada)


RS Technologies Com (TSXV:RS.H)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more RS Technologies Com Charts.
CALGARY, June 17, 2011 /CNW/ -- CALGARY, June 17, 2011 /CNW/ - RS Technologies Inc. ("RS" or the "Company") (TSXV: RS.H), a technology innovator and manufacturer of advanced composite products for infrastructure markets, today announced that it has received an order for its RStandard(®) poles from Transportista Electrica Centroamericana, S.A. ("TRELEC"), a subsidiary of Empresa Eléctrica de Guatemala ("EEGSA"). The order from TRELEC is for approximately 60 poles ranging in height from 18 to 27 meters, all of which are expected to ship in six 40 foot intermodal shipping containers. This is RS's second order from TRELEC in 2011, following an initial pilot order shipped in the first quarter. "The RStandard poles will be used by TRELEC to replace concrete poles carrying existing 69kV lines in our grid. In particular, the composite poles will be installed in locations where access is difficult," stated Manuel Eduardo Arita, manager with TRELEC. About TRELEC and EEGSA TRELEC, owned by EEGSA, is responsible for power transmission through its grid of 230kV and 69kV lines. EEGSA is Guatemala's privately held power distributor, serving customers in Guatemala City and outlying areas Sacatepéquez and Escuintla. EEGSA belongs to the investor group Empresas Publicas de Medellin (EPM), the largest company in Colombia in the public services sector. About RS RS is an ISO 9001:2008 certified technology innovator that develops advanced composite material products for infrastructure markets. The composite products manufactured using the company's proprietary resins and processes are typically lighter, more durable and longer-lasting than competing products made from the traditional building blocks of wood, steel or concrete. RS's flagship product is its award-winning RStandard(®) composite pole. The pole is used as transmission and distribution poles to carry electric grids and as communication structures for various uses including wireless networks and microwave communications systems. For the latest on RS's developments, go to the company's website at www.grouprsi.com. "RStandard" is a registered trademark of RS. Reader Advisory Certain information set forth in this news release contains forward-looking statements which are based on RS's current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "expects", "anticipates", "believes", "projects", "plans" and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause RS's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, RS not securing additional funds for its working capital needs to continue as a going concern; RS's lack of revenues and unpredictability of future revenues; the uncertainty of the profitability of existing and contemplated products of RS; RS's ability to raise capital on acceptable terms when needed; RS's ability to attract and retain key employees; competition from established competitors with greater resources; the uncertainty of the developing markets in which RS operates; the risks associated with rapidly changing technology; RS's reliance on third parties to supply raw materials and the cost of such raw materials; intellectual property risks, foreign exchange rate fluctuations and changes in general economic, market and business conditions. Many of these risks and uncertainties are described in RS's annual information form for the year ended December 31, 2010 and other documents RS files with the Canadian securities authorities. The forward-looking statements are made as of the date hereof and RS assumes no obligation to update or revise such statements to reflect new events or circumstances except as required by applicable securities laws. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2011/17/c7012.html p RS Technologies Inc.br/ Laurien Abel, Investor Relations and Communicationsbr/ Tel: (403) 219-8000 Fax: (403) 219-8001br/ Email: a href="mailto:info@grouprsi.com"info@grouprsi.com/a /p

Copyright

1 Year RS Technologies Com Chart

1 Year RS Technologies Com Chart

1 Month RS Technologies Com Chart

1 Month RS Technologies Com Chart

Your Recent History

Delayed Upgrade Clock