Law Enforcement Associates Announces a 58% Sales Increase for the First Six Months of 2005 over the Same Period of 2004
By ECON Investor Relations
July 06, 2005 |
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Law Enforcement Associates Corporation (OTCBB: LENF), a surveillance and security technology company, reported today that revenues for the first and second quarter of 2005 are approximately $4.5 million as opposed to revenues of approximately $2.6 million for the same period of 2004. The Company also has unshipped orders of over $1.8 million. These unshipped orders are not included in the estimated revenues.
PR9.NET July 06, 2005 - YOUNGSVILLE, N.C. - Law Enforcement Associates Corporation (OTCBB: LENF), a surveillance and security technology company, reported today that revenues for the first and second quarter of 2005 are approximately $4.5 million as opposed to revenues of approximately $2.6 million for the same period of 2004. The Company also has unshipped orders of over $1.8 million. These unshipped orders are not included in the estimated revenues.
Paul Feldman President stated "Law Enforcement Associates is continuing to have very good sales and we expect to have a strong third quarter. We believe that we will have a profitable year in 2005. We have been receiving a lot of emails about our declining stock price. Quite frankly, given our increased sales and revenues, we are at a loss as to why our stock price has been declining. All we can do is to continue our commitment to expanding our business and stay focused on building a profitable company. With that effort, we believe that our currently undervalued stock will rebound to previous levels."
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 Law Enforcement Associates Announces a 58% Sales Increase for the First Six Months of 2005 over the Same Period of 2004
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