ThermoView Industries Unveils New State-of-the-Art Compozit Window At Annual VP Meeting
08 November 2003 - 3:35AM
PR Newswire (US)
ThermoView Industries Unveils New State-of-the-Art Compozit Window
At Annual VP Meeting LOUISVILLE, Ky., Nov. 7 /PRNewswire-FirstCall/
-- To most homeowners, a window is not just a window anymore. So,
what does the most innovative window on the market mean to
homeowners? ThermoView Industries, Inc. , one of the nation's
largest full-service home improvement remodeling companies,
believes it has the answer to that question. At their annual vice
presidents' meeting, ThermoView unveiled a prototype of a new
Compozit window that is believed to be made of the strongest, most
durable material on the market. While being 40% stronger than
current vinyl windows, the new Compozit window is also 40% lighter,
comes in a variety of designer colors and can also provide
substantial energy savings when installed throughout a home.
Additionally, this new window is expected to be priced in line with
ThermoView's other top of the line window based products. "With the
new Compozit window, we are continuing our advancement in new
product technology and our efforts to have the best products on the
market," said Charles L. Smith, ThermoView's president and CEO.
"The new Compozit window, made of this state-of-the-art material
and extrusion process, will give homeowner's a highly weatherable
product that will last for a substantially longer period of time
than the ordinary vinyl products currently on the market.
Additionally, we are developing a warranty for this product that
will be unprecedented in the industry. We believe that this new
Compozit window will be the only one of its kind and coupled with
the unmatched warranty will make it a product that stands alone in
the home improvement industry. This and the possibility of ultimate
energy savings as well, make this product a great investment for
the homeowner." ThermoView's Compozit window components are
manufactured through their joint venture with Roycom, Inc., a
Canada-based extruder of window and door profiles which are
produced with proprietary thermoplastic resins engineered by GE
Plastics, a division of General Electric Company. ThermoView
currently markets and distributes Compozit products in the
midwestern U. S. through its Thermal Line Windows, LLP and Leingang
Siding and Window, Inc. subsidiaries. "The manufacturing process
for the new Compozit window has been a very solid and detailed
process. We have incorporated many revisions for quality and have
worked very hard to make sure that we can price this new product in
line with our current offerings and that has taken some time. All
told though, we anticipate the new Compozit window to be available
late in the first quarter (calendar year) of 2004. The unveiling of
this product to our subsidiary vice presidents not only shows
ThermoView's investment in the future of the home improvement
business but is also a testament of our commitment to our
shareholders as a company focused on growth and innovation." At the
meeting where the new prototype Compozit window was unveiled,
ThermoView also introduced David Iglehart as the corporations' new
National Advertising Director and Ed Antle as the new National
Marketing Director. "These gentleman come to ThermoView Industries
with great experience and fresh perspectives and this further
establishes our plan for greater efficiencies in these two critical
areas of our business," Smith Said. "Their focus in advertising and
marketing will enhance our transition to a nationally branded
company." 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 other services include vinyl siding and home-textured
coatings; kitchen and bathroom remodeling; patio, deck and sunroom
construction; and roofing. 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 history of operating losses, anticipated future losses,
competition, future capital needs, the need for market acceptance,
dependence upon third parties, disruption of vital infrastructure
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. ThermoView
undertakes no obligation to update forward-looking statements for
revisions or changes after the date of this release. CONTACTS:
David Iglehart, National Advertising Director, ThermoView
Industries, Inc., (http://www.thv.com/), 502-968-2020. DATASOURCE:
ThermoView Industries Inc. CONTACT: David Iglehart, National
Advertising Director of ThermoView Industries, Inc.,
+1-502-968-2020 Web site: http://www.thv.com/
Copyright
Thermoview (AMEX:THV)
Historical Stock Chart
From Aug 2024 to Sep 2024
Thermoview (AMEX:THV)
Historical Stock Chart
From Sep 2023 to Sep 2024