UniDyn Announces First Quarter Earnings
22 May 1998
UniDyn Announces First Quarter EarningsAcquisitions and New Technology Further Management Vision PHOENIX, May 21 -- For the first quarter of 1998, UniDyn (OTC Bulletin Board: UNDY) reported revenues of $623,000 and earnings $113,158. "I am very pleased with the substantial progress the company has made in a short period of time. The foundation has been laid for our high- growth strategy through acquisition and the introduction of new technology. We have been able to substantially increase our asset-base without incurring any debt," Ira Gentry, UniDyn President. In the first quarter of 1998, UniDyn has acquired two companies to complete management's vision of creating a full-service vibration testing and manufacture for the electronic, automotive, and aerospace industries.