ISCO International Reports $3 Million First Quarter 2005 Revenue
Forecast; Backlog for Second Quarter Building
ELK GROVE VILLAGE, Ill., Feb. 25 /PRNewswire-FirstCall/ -- ISCO International,
Inc. (AMEX:ISO), a leading global supplier of RF management and
interference-control solutions for the wireless telecommunications industry,
forecast First Quarter 2005 revenue to be approximately $3 million. In
addition, the Company reported backlog activity for the Second Quarter 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO ) "I'm pleased to report that we have already delivered more product during this
quarter than ever before," said Mr. John Thode, President and CEO of ISCO. "By
next week, deliveries for the First Quarter 2005 should match all of 2004, and
we expect that number to grow as we finish the quarter. As expected, we are
already seeing continued customer order activity for Second Quarter 2005
delivery, in conjunction with customer project plans. ISCO offers tremendous
value to wireless operators as they address the need to integrate disparate
technologies, accommodate data applications, and maintain and improve overall
network performance." An investor conference call will be held today at 4pm eastern. To participate
in the call, dial 1-877-707-9628 (or 1-785-832-1508). The conference name is
"ISCO." The call will be replayed for 30 days at 1-800-934-3942 (or
1-402-220-1162). The link for the webcast is on the Company's web site (
http://www.iscointl.com/ ).
Safe Harbor Statement Because the Company wants to provide investors with meaningful and useful
information, this news release contains, and incorporates by reference, certain
"forward-looking statements" that reflect the Company's current expectations
regarding the future results of operations, performance and achievements of the
Company. The Company has tried, wherever possible, to identify these
forward-looking statements by using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends" and similar expressions. These
statements reflect the Company's current beliefs and are based on information
currently available to it. Accordingly, these statements are subject to certain
risks, uncertainties and contingencies, which could cause the Company's actual
results, performance or achievements to differ materially from those expressed
in, or implied by, such statements. These factors include, among others, the
following: the Company's ability to protect its intellectual property; market
acceptance of the Company's technology; the spending patterns of wireless
network operators in connection with the build out of 2.5G and 3G wireless
systems; the Company's ability to obtain additional financing in the future;
the Company's history of net losses and the lack of assurance that the
Company's earnings will be sufficient to cover fixed charges in the future;
uncertainty about the Company's ability to compete effectively against better
capitalized competitors and to withstand downturns in its business or the
economy generally; continued downward pressure on the prices charged for the
Company's products due to the competition of rival manufacturers of front-end
systems for the wireless telecommunications market; the timing and receipt of
customer orders; the Company's ability to attract and retain key personnel; and
the risk of legal proceedings. A more complete description of these risks,
uncertainties and assumptions is included in the Company's filings with the
Securities and Exchange Commission, including those described under the heading
"Risk Factors" in the Company's Annual Report on Form 10-K, as amended. You
should not place undue reliance on any forward-looking statements. The Company
undertakes no obligation to release publicly the results of any revisions to
any such forward-looking statements that may be made to reflect events or
circumstances after the date of this Report or to reflect the occurrence of
unanticipated events.
Web site: http://www.iscointl.com/ http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO http://photoarchive.ap.org/ DATASOURCE: ISCO International, Inc.
CONTACT: Mr. Frank Cesario of ISCO International, Inc., +1-847-391-9492, Web site: http://www.iscointl.com/
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