Northeast Development Corporation Taking Possession of Industrial Storage Facility
June 13 2005 - 4:58PM
Business Wire
Northeast Development Corp., (Pink Sheets:NHVP), announced on
Friday that it has taken possession of its new 2500 sq.ft.
industrial storage facility in Windsor Locks, CT for the secure
storage of industrial supplies and machinery for the completion of
development projects in the area. "We are currently developing
in-house systems and facilities for managing excavation equipment
as well as construction material such as framing without having to
outsource these cost intensive services. We are convinced that a
cost effective in-house management will substantially reduce
operating costs as well as increase the overall efficiency of our
operations," stated Henrik Klausgaard, CEO. Statements in this
release, which relate to other than strictly historical facts,
including statements about the Company's plans and strategies, as
well as management's expectations about new and existing products,
technologies and opportunities, market growth, demand for
acceptance of new and existing products, are forward-looking
statements. The words "believe," "expect," "anticipate,"
"estimate," "project," and similar expressions identify
forward-looking statements that speak only as of the date hereof.
This press release contains certain forward-looking statements
regarding NHVP Corp., its business prospects and results of
operations that are subject to certain risks and uncertainties
posed by many factors and events that could cause NHVP's actual
business, prospects and results of operations to differ materially
from those that may be anticipated by such forward-looking
statements. Readers are urged to carefully review and consider the
various disclosures made by NHVP in this news release and other
reports filed with the Securities and Exchange Commission that
attempt to advise interested parties of the risks and factors that
may affect NHVP's business.
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