TVI Corporation Clinches Top Innovator of the Year 2003 AwardGLEN DALE, MD. -- October 3, 2003 -- TVI Corporation (OTCBB:TVIN - News)), a leading supplier of rapid deployment shelters and chemical/biological decontamination systems for the military, public health, and first response agencies, was presented with The Daily Records, Top Innovator of the Year 2003 award last month.
The program was established last year to recognize and award Maryland companies and residents who have introduced products, services, programs or processes, which have created significantly positive effects on their businesses, industries, or communities.TVI Corporation was recognized for its massive role in responding to the increased demands of emergency response agencies nation-wide, seeking to equip their local teams with disaster response equipment following the September 11th terrorist attacks. The company saw a record 266 percent increase in revenue over the first six months of last year, up from 4.2 million in 2001 to 11 million in 2002.A panel of nine judges, which included MD Technology Development Corporations Executive Director, Phillip A. Singerman; The Daily Records, Christopher A. Eddings and the Baltimore Area Convention and Visitors Association Director of Communications, Nancy Hinds, considered criteria such as originality, impact of the innovation, challenge of implementation and resulting value when passing out the award..We are honored to have been chosen Top Innovator of the Year 2003. Innovation and technology has always been the cornerstone to our success. Early in 1999 we created one of the first portable chemical isolation systems to contain the threats of chemical and biological agents. We then re-engineered our entire Weapons of Mass Destruction (WMD) decontamination system insuring that our nations first responders, hospitals, police always had the leading edge water management technology. Rick Priddy, TVI CEO states Our goal is, and has always been, to provide public safety with a single source for disaster assistance.
About TVI Corporation:TVI Corporation, located in Glenn Dale, Maryland, is a leading supplier of rapid deployment shelters and signage, chemical/biological decontamination systems for the military, public health, and first response agencies. TVI additionally is a primary source to the military for thermal targets and thermal decoys. Its stock is quoted on the OTC Bulletin Board under the symbol "TVIN."Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may beentified by the use of forward-looking words or phrases such as "should", "believes", "expect", "could", might result", and others. These forward-looking statements involve risks and uncertainties and are not guarantees of future performance, as actual results could differ materially from our current expectations. Such risks and uncertainties include achieving order and sales levels to fulfill revenue expectations; our ability to respond to changes in the counter-terrorism, military, public safety, and first responder communities; adverse changes in governmental regulations; expected costs or charges, certain of which may be outside the control of the Company; the time and costs involved in the marketing and promotion for our products; the possible cancellation of orders for our products; general economic and business conditions; and competitive factors in our markets and industry generally. Numerous other factors could cause or contribute to such differences, including, but not limited to, those set forth in the Company's Annual Report to Stockholders, 10-KSB, 10-QSB, and other SEC filings. We assume no obligation to update any such forward-looking statements.
TVI Corporation, Glenn Dale
Richard Priddy, 301/352-8800
For more information concerning TVI, please visit us at: www.tvicorp.com.
TVI Corporation, Glenn Dale