Northeast Development Corp., (Pink Sheets:NHVP), announced on Friday that it has taken possession of its new 2500 sq.ft. industrial storage facility in Windsor Locks, CT for the secure storage of industrial supplies and machinery for the completion of development projects in the area. "We are currently developing in-house systems and facilities for managing excavation equipment as well as construction material such as framing without having to outsource these cost intensive services. We are convinced that a cost effective in-house management will substantially reduce operating costs as well as increase the overall efficiency of our operations," 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.
Northeast Dev (CE) (USOTC:NHVP)
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