Business Editors
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Oct. 17, 2002
Square Shooter Incorporated (Pink Sheets:SQSI) announced today the finalization of a manufacturing alliance with Carclo Technical Plastics (CTP) to manufacture the initial production of the Square Shooter products
CTP is a leading plastic injection-molding manufacturer serving many of the Fortune 100 Companies, with eighteen facilities around the world, including multiple facilities in the United States, United Kingdom, Czech Republic, and China.
"We are extremely excited about the potential of our relationship with Square Shooter," said Dan Wood, President of CTP United States. "We feel that the timing for Square Shooter products could not be better, based upon their significant positive environmental impact and overall water savings potential. Just check the news to see how valuable a commodity water has become."
"CTP is one of the highest quality plastics manufacturers in the world. This alliance will assist Square Shooter in achieving our overall objective of manufacturing the most innovative and highest quality products in the irrigation industry while maintaining the lowest possible corporate overhead for our shareholders," said Michael West, President of Square Shooter Incorporated.
About Square Shooter Incorporated
Square Shooter Incorporated (www.squareshooter.com) has developed a unique line of irrigation products that are destined to revolutionize the home irrigation industry. By having the ability to spray water in a square pattern versus the round pattern that traditional irrigation products create, the Company's products can affect critical water saving up to 50% according to independent research. The Square Shooter products have been test marketed with two of the largest retailers in the United States. The Company is currently developing fertilizing systems that utilize a complete line of organically based fertilizer and integrate with the irrigation products, creating the most environmentally friendly home irrigation systems introduced to the industry.
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.