FOR IMMEDIATE RELEASE
REGISTERS TO GO PUBLIC
SEC "Pre-Approves" IPO for Manufacturer of Anti-terrorism Device
Washington DC, January 25, 2002 McWhortle Enterprises, a multinational defense company, announced today that it will go public on January 30, 2002. On that date the company will file its Registration Statement with the U.S. Securities and Exchange Commission in Washington D.C. Immediately after filing, McWhortle CEO and President Thomas McWhortle III will conduct a news conference at SEC Headquarters in Washington, DC.
McWhortle Enterprises is an established and well-known manufacturer of biological defense mechanisms. The company markets exclusively to the world’s largest corporate enterprises, providing the best protection from all terrorist bio-hazard attacks. The company has always been a closely held private corporation, with a customer base that has historically been limited to only those major firms that can afford to pay for the best in personal security.
McWhortle recently announced that it will begin offering for the first time a product to the general public: the new Bio-Hazard Alert Detector. Running quietly on two double-A batteries, the Bio-Hazard Alert Detector emits an audible beep and flashes when in the presence of all known bio-hazards. The Bio-Hazard Alert Detector, measuring only 3 by 7 inches, is small enough to slip into a man’s jacket pocket, a woman’s purse or a child’s backpack.
“I’m extremely excited about our prospects” said CEO and President Thomas J. McWhortle. “We’ve got an established company with a solid track record, and now we’ve got a can’t-miss product that customers are fighting to buy. In each of our test markets the product instantly sold out, with no advertising whatsoever. The SEC has advised us that they have "pre-approved" our IPO because the nation needs a product like this on the market as quickly as possible to protect Americans from terrorism.”
The news conference will take place at 10:00 am on January 30, 2002, in the William O. Douglas conference room in the SEC Headquarters at 450 Fifth Street, Washington, D.C. Credentialed media only. Cameras may begin setting up at 9:00 a.m.
For more information, call:
Investor Relations Manager
McWhortle Enterprises, Inc.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements regarding the Company's plans, intentions and expectations. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. These risks include increased levels of competition, shortages of key equipment, restrictions on the Company's ability to finance its growth and other factors. A more extensive discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's Registration Statement, to be filed with the Securities and Exchange Commission. Given these concerns, investors and analysts should not place undue reliance on forward-looking statements.
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