Thermoview (AMEX:THV)
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ThermoView Industries, Inc. Announces Newest THV Model Store in
Charleston, West Virginia and Other News
LOUISVILLE, Ky., June 7 /PRNewswire-FirstCall/ -- ThermoView Industries, Inc.
(AMEX:THV), which designs, manufactures and markets home improvements under the
brand name "THV: America's Home Improvement Company," today announced its
newest location for the THV Model Store program in Charleston, West Virginia.
ThermoView expects to begin retail operations in July, making it the fourth
facility in the pilot program. ThermoView last month announced its third
program store in Barboursville, West Virginia.
ThermoView CEO Charles L. Smith stated, "We are pleased to continue our
momentum in developing the THV Model Store. This newest store will add to our
growing knowledge and experience in the THV Model program, as well as provide
additional insights into possible synergies from the operations in West
Virginia. The two newest locations, separated by approximately fifty miles,
operate in distinct media markets but offer oversight and administrative
savings in their proximity."
ThermoView also announced it had timely submitted its plan to the American
Stock Exchange for regaining compliance with continued listing standards. In
May, ThermoView announced it had been contacted by the exchange regarding its
failure to satisfy certain listing standards. ThermoView indicated it expects
to work with the American Stock Exchange to reach fulfillment of all applicable
listing standards within the next eighteen months. Smith indicated the Company
would make another announcement following the American Stock Exchange's
evaluation and determination of the proposed plan for regaining compliance.
Additionally, ThermoView announced that shareholders had approved reelection of
three members to the Board of Directors. Chairman Stephen A. Hoffmann, along
with Members Robert L. Cox and Charles L. Smith, were reelected to the Board of
Directors at the Annual Meeting of Shareholders on May 25, 2005. Board Members
serve three-year terms.
About ThermoView Industries, Inc.
ThermoView is a national company that designs, manufactures, markets and
installs high-quality replacement windows and doors as part of a full-service
array of home improvements for residential homeowners. ThermoView's common
stock is listed on the American Stock Exchange under the ticker symbol "THV."
Additional information on ThermoView Industries is available at
http://www.thv.com/ .
Safe Harbor Statement
Statements in this news release that are not descriptions of historical facts
are forward-looking statements that are subject to risks and uncertainties.
Words such as "expect," "intends," "believes," "plans," "anticipates" and
"likely" also identify forward-looking statements. All forward-looking
statements are based on current facts and analyses. Actual results may differ
materially from those currently anticipated due to a number of factors
including, but not limited to our history of operating losses, anticipated
future losses, competition, future capital needs, the need for market
acceptance, dependence upon third parties, disruption of vital infrastructure,
general economic downturn and intellectual property rights. All forward-looking
statements are made pursuant to the Securities Litigation Reform Act of 1995.
Additional information on factors that may affect the business and financial
results of the Company can be found in filings of the Company with the
Securities and Exchange Commission.
Contacts:
David A. Anderson, Chief Financial Officer, ThermoView Industries, Inc.,
502-968-2020.
DATASOURCE: ThermoView Industries Inc.
CONTACT: David A. Anderson, Chief Financial Officer of ThermoView
Industries, Inc., +1-502-968-2020
Web site: http://www.thv.com/