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ZAP's Smart Car Orders Leap Over $55 Million

California automaker and distributor ZAP (OTC Bulletin Board: ZAPZ) announced it has received more purchase orders for the Smart Car Americanized by ZAP, with orders in-hand totaling over $55 million. Last week, ZAP announced that orders had surpassed $40 million for the famous Smart Car from Europe, but CEO Steve Schneider says that ZAP is still receiving orders due to its debut at the nation’s largest auto dealer convention NADA on January 29 as well as the Company’s recent announcement that it has completed “Americanized” versions of the car. ZAP “Americanizes” the Smart Car to meet U.S. safety and emissions standards at a facility in California. “This tiny, classy car is defying all the experts — even our own projections,” said Schneider. “We hoped the Smart Car would be a hit with rising gas prices, but everything we heard from the industry was that the micro-car was dead in the United States, even the automakers. There has been a ‘super-size’ mentality in the United States over the past few decades that bigger is better, but really smarter is better — and the Smart Car proves that. We think the Smart Car will make a big impact on our society like […]

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Presstek Expects Record Q4 2004 Revenue

Presstek, Inc. (Nasdaq: PRST), a company we have profiled in our sustainable investing newsletter, Progressive Investor, as a leading “sustainable” printer, announced today it expects to report record revenues for the fourth quarter of 2004. This leading manufacturer and marketer of environmentally responsible high tech digital imaging solutions for the graphic arts and laser imaging markets, expects to report record consolidated revenue in excess of $53.0 million for the quarter, the highest quarterly revenue ever recorded by the company. Presstek President Edward J. Marino said, “There have been a number of positive events that have taken place at Presstek within the past twelve months that have added to the strength of the company’s ongoing operations and future outlook, including two important acquisitions by the company. Beyond this, Presstek’s core business also showed strength, achieving a number of revenue records in the fourth quarter of 2004.” ABDick, which was acquired by Presstek in November 2004, is expected to generate revenues of approximately $24.0 million for the eight weeks under Presstek ownership. Marino added, “The ABDick business is running ahead of expectations and we are enthusiastic about the prospects of this business as we proceed with our integration. Beyond the revenue contribution, […]

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