08032009
WAYTRONX, INC. SCHEDULES ASC NEW YORK CITY INVESTOR ROAD SHOW THE WEEK OF AUGUST 11th
TUALATIN, OR – August 3, 2009 – Waytronx, Inc. (OTC BB: WYNX), a leading provider of openly licensable advanced systems cooling solutions, today announced that it will continue its intensified investor communications program with an investor road show organized by Alan Stone & Company LLC (ASC) in New York City next week. The road show will feature numerous institutional and broker level investor meetings on August 13th & 14th and corporate presentations at the Fifth Annual WallStreet Research Conference held on August 11th & 12th at the Penn Club of New York. More information on the conference is available at http://www.smallcapconference.org/.
William Clough, President & CEO of Waytronx, Inc. stated: “Following up on the success of our West Coast road show completed last month, we are looking forward to presenting our exciting growth story to investors in New York City and making valuable contacts in the Wall Street investor community.”
Alan Stone, the Managing Director of Alan Stone & Company LLC, added: “Based on the latest filings reported for the quarter ended March 31, 2009, Waytronx, Inc.’s trailing twelve months revenues were at a level of over $25.6 million and EBITDA at over $3.5 million. These figures resulting basically from the legacy business from the CUI, Inc. acquisition should grow rapidly in the next twelve months due to new product introductions, expansion of sales force and sales channels, as well as acquisitions. Overall profitability is expected to benefit from improved margins anticipated on new products and economies of scale.”
The company will hold meetings for institutional investors and FINRA brokers on Thursday, August 13th at the Friars Club and on Friday, August 14th at Bobby Vans Steakhouse, as well as other one-on-one meetings with interested investment community representatives throughout the two days. For scheduling details please contact Stephen Pollack at 212-949-1476 or Alan Stone at 212-521-4102.
About Waytronx, Inc.
Waytronx, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool™ hybrid mesh architecture, Waytronx can enhance system performance and remove thermal barriers caused by "microwarming" in today's advanced computing devices. The Company's proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry. Waytronx changed its name from OnScreen Technologies in December 2007. Waytronx acquired CUI, Inc. in May 2008. For more information, please visit www.waytronx.com.
About CUI, Inc.
CUI, Inc. is a solutions provider of electromechanical components and industrial controls for OEM manufacturing. Since its inception in 1989, CUI has been delivering quality products, extensive application solutions, and superior personal service. CUI's solid customer commitment and honest corporate message are a hallmark in the industry. CUI is a wholly-owned subsidiary of Waytronx, Inc. For more information, please visit http://www.cui.com/.
About Alan Stone & Company LLC
Alan Stone & Company LLC (ASC) is one of the leading nationwide investor consulting firms with offices in New York City, Los Angeles, and Palm Beach, FL. With a very strong team of senior level associates, ASC has an impressive track record of enhancing shareholder value and attracting investment capital for its publicly traded small-cap clients. ASC’s Managing Director, Alan Stone, was formerly a securities analyst and assistant portfolio manager at Merrill Lynch Asset Management and an investment analyst at Prudential Insurance Company's Capital Markets Group. Mr. Stone was also an investment banker and portfolio manager with Ladenburg, Thalmann & Co. prior to founding ASC. For more information on ASC, please visit http://www.alanstone.com/.
About WallStreet Research™
WallStreet Research™ (WSR) is a prominent research boutique led by Alan Stone, Managing Director of Alan Stone & Company, LLC (ASC). The firm specializes in the microcap and smallcap investment arena, looking for emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength, and outstanding long-term earnings growth possibilities. The firm is holding its Fifth Annual Small Cap Conference in NYC at the Penn Club on August 11-12, with details at http://www.smallcapconference.org/. For more information on WSR, please visit http://www.wallstreetresearch.org/.
Forward Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
Disclaimer
The information presented in this press release is not to be construed as an offer to sell, nor a solicitation of an offer to purchase, any securities referred to herein or otherwise. Waytronx, Inc. has retained Alan Stone & Company LLC for various road show, investor relations and conference activities.
Contact
Alan Stone & Company LLC
Alan Stone, 212-521-4102
astone@alanstone.com
www.AlanStone.com
www.WallStreetResearch.org
www.SmallCapConference.org
Target-IR.com
Barry Kubus, 760-707-9892