WESTMINSTER, Mass., March 3, 2011 /PRNewswire/ -- TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that Mr. James Molinaro, the Company's chief executive officer, will present at the ROTH 23rd Annual OC Growth Stock Conference at 8 a.m. (PT), on March 16, 2011, Track 5. The conference will be held March 13-16, 2011 at The Ritz Carlton, 1 Ritz Carlton Drive, Dana Point, Calif. TechPrecision management will be available during the day on March 16 for one-on-one meetings. Please contact your ROTH representative to schedule a meeting.
Mr. Molinaro will discuss the Company's recent contract wins, including a new tier-1 solar customer that has the potential to exceed the volume from TechPrecision's largest customer in 2-3 years. In addition, management will discuss its creation of a second growth platform with the launch of a wholly owned subsidiary in Wuxi, China to meet increasing demand for solar components in Asia, and China, in particular. Adding this China-based capability to the TechPrecision organization exploits synergies both in the U.S. and China to grow revenue. This is the culmination of its strategy to perform the sophisticated prototyping and initial manufacturing in the U.S. but to also provide manufacturing in lower-cost regions when customers require it.
Investors and other interested parties may access the live presentation at http://www.wsw.com/webcast/roth24/tpcs.ob/.
About the ROTH 23rd Annual OC Growth Stock Conference
This annual three-day conference brings together executives from over 400 growth companies including 100 Chinese companies. This event is designed to provide investors with a unique opportunity to gain insight into small and mid-cap growth companies across a variety of sectors, including energy, software, technology, industrials, healthcare, media, consumer and retail. ROTH combines company presentations, Q&A sessions, expert panels and management one-on-one meetings to provide institutional clients with extensive interaction with senior management to gain in-depth insights into each company.
About TechPrecision Corporation
TechPrecision Corporation, through its wholly owned subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components Co., Ltd., globally manufactures large-scale, metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy (Solar and Wind), medical, nuclear, defense, industrial, and aerospace to name a few. TechPrecision's goal is to be an end-to-end global service provider to its customers by furnishing customized and integrated "turn-key" solutions for completed products requiring custom fabrication and machining, assembly, inspection and testing. To learn more about the Company, please visit the corporate website at http://www.techprecision.com. Information on the Company's website or any other website does not constitute a part of this press release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company's ability to generate business from long-term contracts rather than individual purchase orders, its dependence upon a limited number of customers, its ability to successfully bid on projects, and other risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
SOURCE TechPrecision Corporation