ThermoView Industries, Inc. Announces Newest THV Model Store in Charleston, West Virginia and Other News
08 June 2005 - 5:39AM
PR Newswire (US)
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/
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