NORTH WILKESBORO, NC -- (MARKET WIRE) -- 07/21/08 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is excited to announce it will formally begin work on a joint venture project that could exceed $22M in revenue.
Details on the project, joint venture partner and customer are currently being withheld for later release to protect the company's interests. Expo Holdings would also like to welcome Congresswoman Virginia Foxx on July 28, 2008. Formal information regarding her visit and agenda will be released by her office. The company will release additional press releases concerning this related visit.
The project is for one of the nation's larger retail store chains that serve up to 10M customers a week. The company will begin production in October on the first store packages and expects to ship several of the initial orders in late October. The scope of the project consists of up to 750 stores across the United States.
The company estimates up to $22M in revenue related to the project, most of which would be generated in 2009. Audited financial statements for 2006 and un-audited statements for 2007 are available on pinksheets.com. The company will file 1st and 2nd quarter financials for 2008 shortly.
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