DALLAS, Sept. 20, 2005 (PRIMEZONE) -- TalkingStocks.com today issued a Profile Report on Paradigm Tactical Products, Inc. (Pink Sheets:PDGT). The report is authored by TalkingStocks.com Senior Analyst, Shailesh Dhuri, CFA.
In the report, Mr. Dhuri reported the following:
"The company recently reported that the revenues for the year ending December 31, 2004 grew to approximately $440,000 from $245,000 in year ending December 31, 2003, showing an 80% growth. In addition, Daniel O'Riordan, Chairman, President and Chief Executive Officer said, 'Based on our strong revenue increase and expanding margins, Paradigm was profitable for the year 2004 and we expect our positive growth to continue. As we increase our reseller base for the FriskerPro(r), supported by comprehensive marketing programs, we expect our profitability to continue through 2005 and beyond.'"
Mr. Dhuri concluded, "We believe that the industry factors for metal detectors are currently favorable, and the existing companies in this industry can see fast growth based on strong product features and a strong marketing network."
To view the complete report on Paradigm Tactical Products, please visit: http://www.talkingstocks.com/reports/PDGT_092005.php
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Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995:
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
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