Rouchon Industries Inc., dba Swiftech®, announces record revenues and profits for the fiscal year ending December 31st, ...

Rouchon Industries, Inc. dba Swiftech® (OTC Pink Current: RCHN)
has released its year-end reports for the fiscal year ended December 31st,
2012. The Company specializes in manufacturing advanced air, liquid, and
thermoelectric cooling devices for the IT industry, and provides thermal
management solutions for consumers, OEM’s and industrial customers.

Key
financial highlights, year over year:

• Revenues
  increased 14% to $3.6 Million


• Net
  Profits after provisions for income tax rose 118% to a net income of $224k

 

Gabriel Rouchon, Swiftech’s Chairman and
CEO, stated, "2012 was our best year since inception, both in terms of
gross revenues and net profits.  As a result, net cash from operations
provided adequate funding for the acquisition of capital equipment and tooling
in preparation for an aggressive 2013 growth plan. Among the fundamental
changes in the company’s activity in 2012 was the addition of an electric motor
production line. This allowed us to manufacture in house the new
generation of pumps used in the all-in-one H220 CPU cooling system that was
unveiled during CES in January 2013. Once again, our entire organization
continues to deliver on the company's goals by producing results that meet or
exceed our highest expectations and I want to take this opportunity to thank
our customers, vendors, employees and shareholders for helping us in realizing
such strong and steady growth in 2012.”

 

Swiftech’s entry in the high volume
all-in-one CPU cooling market has received considerable industry attention, and is expected
to fuel the company’s accelerated growth in 2013 and beyond. The company has a
ten year track record of consistently profitable operations, and remains debt
free, a fact that has not escaped investors who began rallying around RCHN
stock beginning April 2012.

Safe Harbor

This
release contains certain "forward-looking statements" relating to the
business of the Company. All statements, other than statements of historical
fact included herein are "forward-looking statements". Such
statements are often identified by the use of forward-looking terminology such
as "believes," "expects" or similar expressions and involve
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks, and uncertainties, and these expectations may
prove to be incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this news
release. The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic reports that are
filed with the OTC Markets and available online here: http://www.otcmarkets.com/stock/RCHN/financials. All forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by these
factors. Other than as required under the securities laws, the Company does not
assume any duty to update these forward-looking statements.

 

Contact:


Investor Relations

[e-mail]

Source: Rouchon
Industries, Inc., dba Swiftech®