TechPrecision Corporation to Present at the Sidoti & Company 2010 Semiannual Micro-Cap Conference
WESTMINSTER, Mass., June 23 /PRNewswire-FirstCall/ -- TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that Lou Winoski, Interim CEO, and Richard Fitzgerald, CFO, are scheduled to present at the Sidoti & Company 2010 Semiannual Micro-Cap Conference, being held on Friday, June 25, 2010 at The Grand Hyatt Hotel, Park Avenue at Grand Central, New York, New York. The Company's group presentation is scheduled for 9:20 a.m., ET, June 25, in Room Estate 7 (Plymouth). Management will additionally be available for one-on-one meetings throughout the day and interested parties may schedule meetings through their Sidoti sales representative.
TechPrecision will discuss the Company's efforts to more proactively pursue longer-term production programs and leverage the Company's unique capabilities across the various sectors it serves. Management will discuss its progress in this initiative that has resulted in its backlog returning to above $25 million compared to $15.7 million at the end of December 2009. TechPrecision remains one of the few companies in its market space that can fulfill demand for the manufacture of large-scale, high-precision machined metal fabrications, which is a competitive advantage, and positions TechPrecision for long-term, sustainable growth.
About Sidoti & Company, LLC
Sidoti & Company, LLC is the largest and fastest-growing small cap equity research provider on Wall Street providing institutional-quality research on nearly 600 equities across more than 30 industries, focusing on undiscovered, profitable companies at a market capitalization below $3 billion.
About TechPrecision Corporation
TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc., manufactures metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy, medical, nuclear, defense, industrial, and aerospace to name a few. TechPrecision's goal is to be an end-to-end service provider to its customers by furnishing customized and integrated "turn-key" solutions for completed products requiring custom fabrication and machining, assembly, inspection and testing. To learn more about the Company, please visit the corporate website at http://www.techprecision.com. Information on the Company's website or any other website does not constitute a part of this press release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press 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 the Company's ability to generate business from long-term contracts rather than individual purchase orders, its dependence upon a limited number of customers, its ability to successfully bid on projects, and other risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to 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 a duty to update these forward-looking statements.
Company Contact: |
Investor Relations Contact: |
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Mr. Richard F. Fitzgerald |
Hayden IR |
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Chief Financial Officer |
Brett Maas |
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TechPrecision Corporation |
Phone: 646-536-7331 |
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Tel: 1-610-246-2116 |
Email: [email protected] |
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Email: [email protected] |
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SOURCE TechPrecision Corporation
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