ADM Tronics Unlimited Inc.
NORTHVALE, N.J., Oct. 27, 2016 /PRNewswire/ -- ADM Tronics Unlimited, Inc. (OTCQB - ADMT) is providing this update to its shareholders, and the public, regarding its website and an analyst report.
As announced this past Monday October 24, 2016 in the Letter to Shareholder's ("Monday's Letter"), ADMT is designing a more vibrant and informative corporate website to better reflect the Company's position within its industry. Therefore, visitors to admtronics.com will now find an "Under Construction" message while the new website is being designed. Several shareholders have called the Company asking about this website message. Also as announced in Monday's Letter, in 2013 ADMT reconstructed its business model and instituted a new plan of action, resulting in increased revenues and profits. It is the intention of ADMT management to have the new content of the website more accurately reflect the Company's reinvigorated business model and new plan of action.
On Tuesday, October 25, 2016 an analyst report on ADMT was published by Yankee Analysts. The report can be viewed at the following link: http://yankeeanalysts.com/2016/10/25/williams-r-check-on-shares-of-adm-tronics-unlimited-inc-admt/
"We were pleased to see this independent analyst report issued the day after my letter to shareholders was released," stated Andre' DiMino, CEO of ADMT. "I believe our very strong financial results, of significantly increased revenues and profits over the past 2 years, is starting to gain some attention in the investment community."
Mr. DiMino is referring to the financial summary that was included in Monday's Letter.
"We hope to have our new website launched as soon as we possibly can so that our current successes and future prospects will be better reflected on our web presence," continued Mr. DiMino.
ADMT is a diversified, technology-based developer and manufacturer of innovative technologies and products. Its core competency is its ability to conceptualize a technology, bring it through development, into manufacturing and commercialization, all in-house. ADMT has three areas of activity: Medical Device Design, Engineering, Regulatory and Manufacturing Services; Proprietary Electronic Medical Devices; and Eco-Friendly, Water-Based Formulations. The Company's headquarters, laboratories, FDA-Registered medical device and manufacturing operations are in Northvale, NJ. ADMT's multi-disciplinary team of engineers, researchers and technologists utilize advanced technology infrastructure, such as 3-D prototyping, precision instrumentation and specialized software and peripherals, for the research, development and commercialization of diversified technologies. Additional information is available at the Company's websites - admtronics.com and concepttoquantity.com.
Except for historical information contained herein, the matters set forth in this news release are "forward looking" statements (as defined in the Private Securities Litigation Reform Act of 1995), including statements regarding future revenue growth and performance. Although ADMT believes the expectations reflected in such forward looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward looking statements involve risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could contribute to such differences include those described from time to time in ADMT's SEC filings, news releases and other communications. The Company assumes no obligation to update information contained in this news release.
Update to ADMT Shareholders on Website and Analyst Report