Science and Technology Science and Technology
Mon, November 9, 2009
Sun, November 8, 2009
Fri, November 6, 2009
Thu, November 5, 2009

Systems Evolution Announces 4th Quarter Revenue Projections


Published on 2009-11-05 14:06:48 - Market Wire
  Print publication without navigation


ADDISON, TX--(Marketwire - November 5, 2009) - Systems Evolution, Inc. (PINKSHEETS: [ SSEV ]) majority shareholder Highline Hydrogen Hybrids (HHHI) announced today that an interim review of their current business plan and marketing strategy places the Company well ahead of production and sales projections.

Mel Robinson, HHHI's President, made the announcement this week after a review of current market status by the company's board of directors and said, "We are near capacity in SuperCell production and will exceed sales expectations of $600,000.00 for each month of the last quarter of 2009." He further stated that they are expecting to complete the move to the new 385,000 square foot facility in Dumas, Arkansas in early 2010 in order to increase production of HHHI's entire product line.

Systems Evolution CEO Steven Humphries added, "This is great news for the Company as we are well ahead of where we thought we would be."

Humphries also commented on the move to Dumas, "The additional production capacity allowed by the Dumas facility will eventually allow receipt of raw materials based on a JIT production schedules thus decreasing overall inventory cost and allowing for raw material purchases in larger quantities."

HHHI's unique supplemental hydrogen fuel system for Over the Road Trucks, agricultural equipment and passenger vehicles reduces vehicle carbon foot print by as much as 50%, enhances fuel efficiency of internal combustion engines by as much as 25% and increases horsepower an average of 10%, and will soon be available for motorcycles and marine engines.

This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of System Evolution's financial performance, and are subject to risk and uncertainties. Readers are cautioned not to place undue reliance on statements, which speak only as of the date of this release. Due to the risk and uncertainties, actual events may develop result of new information, future events or otherwise.

Contributing Sources