Wellco Enterprises, Inc. Announces Two Delivery Orders on Existing Contracts
September 26 2006 - 10:53AM
Business Wire
Wellco Enterprises, Inc., (AMEX:WLC) -- today announced that under
an existing contract to supply Hot Weather boots to the Department
of Defense, Wellco received a delivery order in the amount of
$2,665,000. In addition, Wellco received another order to supply
Black Temperate Weather boots in the amount of $423,000. Work will
be performed at Wellco�s plant in Waynesville, North Carolina and
its plant Moka Shoe Corporation in Aguadilla, Puerto Rico. Lee
Ferguson, President and Chief Executive Officer stated, �We are
very pleased to have received these two delivery orders for boots.
Wellco and its associates are ready to support the needs of all our
fine women and men serving in our Armed Forces at home and abroad.�
Wellco Enterprises, Inc. specializes in the manufacture and
development of military footwear and derives the majority of its
revenues from the sale of military and tactical boots. Wellco is
committed to providing high performance footwear and excellent
service to the U.S. military and all its customers. CAUTIONARY
STATEMENT CONCERNING FORWARD-LOOKING INFORMATION Statements
throughout this report that are not historical facts are
forward-looking statements. These statements are based on current
expectations and beliefs, and involve numerous risks and
uncertainties. Many factors could affect the Company�s actual
results, causing results to differ materially from those expressed
in any such forward-looking information. These factors include, but
are not limited to, the receipt of contracts from the U. S.
government and the performance thereunder; the ability to control
costs under fixed price contracts; the cancellation of contracts;
and other risks detailed from time to time in the Company�s
Securities and Exchange Commission filings, including Form 10-K for
the year ended July 2, 2005. Those statements include, but may not
be limited to, all statements regarding intent, beliefs,
expectations, projections, forecasts, and plans of the Company and
its management. Actual results may differ materially from
management expectations. The Company assumes no obligation to
update any forward-looking statements. Wellco Enterprises, Inc.,
(AMEX:WLC) -- today announced that under an existing contract to
supply Hot Weather boots to the Department of Defense, Wellco
received a delivery order in the amount of $2,665,000. In addition,
Wellco received another order to supply Black Temperate Weather
boots in the amount of $423,000. Work will be performed at Wellco's
plant in Waynesville, North Carolina and its plant Moka Shoe
Corporation in Aguadilla, Puerto Rico. Lee Ferguson, President and
Chief Executive Officer stated, "We are very pleased to have
received these two delivery orders for boots. Wellco and its
associates are ready to support the needs of all our fine women and
men serving in our Armed Forces at home and abroad." Wellco
Enterprises, Inc. specializes in the manufacture and development of
military footwear and derives the majority of its revenues from the
sale of military and tactical boots. Wellco is committed to
providing high performance footwear and excellent service to the
U.S. military and all its customers. CAUTIONARY STATEMENT
CONCERNING FORWARD-LOOKING INFORMATION Statements throughout this
report that are not historical facts are forward-looking
statements. These statements are based on current expectations and
beliefs, and involve numerous risks and uncertainties. Many factors
could affect the Company's actual results, causing results to
differ materially from those expressed in any such forward-looking
information. These factors include, but are not limited to, the
receipt of contracts from the U. S. government and the performance
thereunder; the ability to control costs under fixed price
contracts; the cancellation of contracts; and other risks detailed
from time to time in the Company's Securities and Exchange
Commission filings, including Form 10-K for the year ended July 2,
2005. Those statements include, but may not be limited to, all
statements regarding intent, beliefs, expectations, projections,
forecasts, and plans of the Company and its management. Actual
results may differ materially from management expectations. The
Company assumes no obligation to update any forward-looking
statements.
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