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Alpine Air Express, Inc. OTCBB: APNX), the third largest regional
cargo airline and transportation logistics company in the US, with a
fleet of 27 airplanes and annual sales of $20M+, announced that the
Company's Chief Executive Officer was recently interviewed by a
leading Wall Street firm to discuss the Company's recent successful
year.
The interview, which can be heard at
http://www.wallst.net/audio/audio.asp?ticker=APNX&id=3296, addresses
industry problems to solve, and trends to track.
Gene Mallette, CEO of Alpine Air, identified several marketing
trends and opportunities affecting the firm's growth plans. "Most mail
and cargo volume increases are driven by Internet shopping increases
and the resultant need for speedy regional air transport," said Mr.
Mallette.
"It is imperative that our industry controls costs, propels
earnings and continues to effectively serve the regional air cargo
marketplace. We are definitely in a high-growth segment of aviation,
and we should be able to continue our growth exponentially," added
Mallette.
Alpine recently announced that their earnings for 2006 enabled the
Company to return to profitability. Coupled with additional net
income, Alpine locked-up its 2007 fuel cost in the lower market,
available last January, which enables the Company to vigorously pursue
acquisition targets. Pursuant to the acquisition opportunities,
Company management has been in discussions with numerous banking
sources. According to a Company spokesperson, the time is right to
capitalize on regional cargo growth opportunities.
About Alpine Air Express
Founded in 1975, Alpine Air, a wholly owned subsidiary of Alpine
Air Express Inc., provides competitively priced scheduled air cargo
flights throughout the western and southwestern United States. The
Company has an established client base that includes various contract
operations and the U.S. Postal Service. Alpine Air provides superior
"on time" performance and reliability, together with the flexibility
to adapt quickly to the growing frequency and capacity requirements of
its clients.
About Wall Street Direct
Wall Street Direct is a multi-national firm offering services to
publicly held companies to communicate and promote their products.
With Internet exposure coupled with other media outlets, Wall Street
Direct receives over 100,000 company inquiries per month and is a
respected and internationally recognized media firm.
This press release may contain forward-looking statements
including the Company's beliefs about its business prospects and
future results of operations. These statements involve risks and
uncertainties. Among the important additional factors that could cause
actual results to differ materially from those forward-looking
statements are risks associated with the overall economic environment,
realization of U.S.P.S. projected volumes, changes in anticipated
earnings of the company and other factors detailed in the company's
filings with the SEC. In addition, the factors underlying Company
forecasts are dynamic and subject to change and therefore those
forecasts speak only as of the date they are given. The Company does
not undertake to update them; however, it may choose from time to time
to update them and if it should do so, it will disseminate the updates
to the investing public.
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