NHVP Northeast Dev Corp Inc (CE)

Northeast Development Corp., (Pink Sheets: NHVP), announced today that it is entering into negotiations to purchase a laser engraving and marking facility which is well established in the European medical and technical market. The market for specialized laser application has seen dramatic growth over the past 10 years, and NHVP Management considers it an appropriate time to take part in this rapidly expanding market sector. Laser marking and engraving processes are highly flexible and can be adapted to many uses throughout industries and, due to the 'clean' nature of the marking, are finding almost universal usage in the medical field. "Laser technology ranks among the most environmentally friendly industrial processes and is therefore also considered an industry with solid foundations for future uses in environmentally friendly and safe applications," 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.