LAS VEGAS, June 18 /PRNewswire-FirstCall/ -- Kendall Square Research, Inc. (Pink Sheets: KSQR) announces that the 2010 first Quarter revenues and profits for their division Luxury Kitchen Hoods were significantly greater than expected and that the second quarter revenues and profits are also achieving the same accelerating results.
David Zisman, president of Luxury Kitchen Hoods said, "That if this trend continues the year end numbers would reflect a substantial profit for the Company".
About Kendall Square Research
Kendall Square Research, Inc (KSQR) is a Holding Company with targeted acquisitions in specialty equipment for residential home customers and green energy products. Luxury Kitchen Hoods LLC is the first acquisition and the flagship for the Company. A second acquisition is in process for a high energy city street light program with the capability of reducing the city lighting energy by 50%. Other acquisitions are in the planning stage.
For Additional Information, go to the Website: www.kitchenhood.com
This press release contains certain "forward-looking statements" within the meaning of federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "target," "objective," "goal," "plan" and similar expressions. There are certain business risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements.
SOURCE Kendall Square Research, Inc.