Alpine
4's subsidiary Quality Circuit
Assembly, Inc. projects 27% Growth for
2018
Phoenix, AZ. -- February
21, 2018 -- InvestorsHub NewsWire
-- Alpine 4
Technologies' (OTCQB:ALPP)
subsidiary, Quality Circuit Assembly
(QCA) anticipates sales to grow by an estimated 27%
with an
adjusted EBITDA margin of around 11.4% in 2018.
The increase in
sales and EBITDA is derived mainly from the adding of several new
customers in 2017.
Jeffrey
Hail, QCA President had this to say, "It is our vision to make QCA
a valued partner within Alpine 4. QCA's employees and its
customers are showing the fruits of our efforts with continued,
healthy organic growth through both new customer acquisitions and
increased product and service offerings with
existing customers.
Kent B.
Wilson, CEO had this to say, "It's amazing what can be
accomplished when the elements and tools for success are given to
employees. For the past two years, QCA
has gone through a radical culture and a value-added optimization
change of its work environment. We have essentially been able to
drive higher efficiencies and success through enhancing and
elevating the production environment at QCA. Employees are
"bought
in"
and our
customers know it. To all the employees of QCA I say,
"Thank you and
great
job!"
About Alpine 4 Technologies Ltd.
Alpine 4 is
a publicly held enterprise with business-related endeavors in
Automotive Technologies, Electronics Manufacturing,
Software and Data
Technologies.
Four
principles at the core of our business are: Synergy. Innovation.
Drive. Excellence. At Alpine 4, we believe synergistic innovation
drives excellence. By anchoring these words to our combined
experience and capabilities, we are able to aggressively pursue
opportunities within and across vertical markets. We deliver
solutions that not only drive industry standards, but increase
value for our shareholders.
Contact: Ian
Kantrowitz,
Director of Investor Relations
iank@alpine4.com
Forward-Looking
Statements:
The information disclosed in
this press release is made as of the date hereof and reflects
Alpine 4 most current assessment of its historical financial
performance. Actual financial results filed with the SEC may differ
from those contained herein due to timing delays between the date
of this release and confirmation of final audit results. These
forward-looking statements are not guarantees of future performance
and are subject to uncertainties and other factors that could cause
actual results to differ materially from those expressed in the
forward-looking statements including, without limitation, the
risks, uncertainties, including the uncertainties surrounding the
current market volatility, and other factors the Company identifies
from time to time in its filings with the SEC. Although Alpine 4
believes that the assumptions on which these forward-looking
statements are based are reasonable, any of those assumptions could
prove to be inaccurate and, as a result, the forward-looking
statements based on those assumptions also could be incorrect. You
should not place undue reliance on these forward-looking
statements. The forward-looking statements contained in this
release are made as of the date hereof, and Alpine 4 disclaims any
intention or obligation to update the forward-looking statements
for subsequent events.