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Probe Manufacturing Secures $200,000 Purchase Order and Exceeds $2,000,000 in Back Log

Dépèche transmise le 8 mars 2011 par Business Wire

Probe Manufacturing Secures $200,000 Purchase Order and Exceeds $2,000,000 in Back Log

IRVINE, Calif.--(BUSINESS WIRE)--Probe Manufacturing, Inc., (PMFI.PK), a global electronics design, manufacturing and services company is pleased to announce that it has secured a manufacturing purchase order with an approximate gross revenue value of $200,000. This order includes electronics manufacturing of advanced sensor technology products.

“Our customer base and revenue continues to grow. We’re expecting exponential growth both from existing and new sales in 2011 and with this order we have exceeded $2 million dollars in back log.”

This industrial and instrumentation customer is planning to expand their electronics business by transitioning from sourcing finished goods in China to designing and building their own products domestically. Probe Manufacturing is currently the sole source for this customer’s electronics manufacturing and in position to take advantage of this customer’s expected double-digit growth.

Commenting on the new contract, Probe Manufacturing’s CEO, Mr. Mahdi, said, "Our customer base and revenue continues to grow. We’re expecting exponential growth both from existing and new sales in 2011 and with this order we have exceeded $2 million dollars in back log."

About Probe Manufacturing, Inc.

Probe Manufacturing is a global electronics design, manufacturing, and services company providing innovators with business services through our factory in California as well as factories Worldwide. Headquartered in Irvine, California, Probe has been serving industrial, instrumentation, medical, aerospace, defense, and automotive industries since 1994. Probe’s common stock is traded on the bulletin board under the symbol PMFI.PK. Further information is available on Probe’s website: www.probeglobal.com.

This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with respect to whether Probe’s new contract will be financially beneficial to the Company, provide stable revenue and unlock new business opportunities for the Company. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; uncertainties regarding changes in the EMS industry; the uncertainties relating to the implementation of our global business strategy; and other risk factors as outlined in the company’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.