Stuart Energy Systems Corp (SRNYF) announced that it has secured record year-to-date industrial orders valued in excess of $12 million from its global customers. “During the first 4 and a half months, we exceeded our expected order intake for industrial sales. The increased demand is a result of strong market growth, coupled with continued adoption of our product offering,” commented Robert Campbell, Vice President, Sales and Marketing. “With the bulk of these orders scheduled to ship this fiscal year, we remain committed to our aggressive target for revenue growth. Our year-end order backlog – an important metric as we look to fiscal 2006 revenue – continues to grow.” [ more ]
