NEWS RELEASE
For Immediate Release
For further information, contact:
417-623-2285, Ext. 318
randy.lepper@midampp.com
MID-AMERICA PRECISION PRODUCTS ANNOUNCES
EXCLUSIVE LICENSE AGREEMENT
TO MANUFACTURE "PoleProp"
JOPLIN, MO - August 17, 2004 - Mid-America Precision Products, LLC (MAPP) and TRU 2 FORM VENTURES, INC. (T2FV) have entered into a multi-year agreement for MAPP to be the exclusive, worldwide license holder to manufacturer and distribute PoleProp products. T2FV is the creator of PoleProp and has a patent pending on the device.
PoleProp is a product designed for, and initially marketed to, the utility industry that will help improve efficiencies and lower costs for manual work performed on utility poles. PoleProp has applications outside the utility industry anywhere making work on poles or large pipes easier and more convenient is needed.
In making the announcement, Doug Wright, President and CEO of MAPP, stated, "This agreement between MAPP and T2FV and the opportunities it presents to both companies is very exciting. We believe the benefits derived by companies using a PoleProp will be immediate and wide reaching."
“Randy Lepper, Executive Vice President of MAPP, added, "We're extremely pleased to be the exclusive manufacturer and supplier of PoleProp. This project combines our manufacturing expertise with our marketing capabilities and is an exciting project for MAPP. We are especially pleased to be working with Mike Jones and T2FV."
"We've enjoyed working with the team at MAPP from day one and are proud to be working with them on our PoleProp project. The people at MAPP have been extremely helpful in getting the project off to a great start. We are confident in their ability to take PoleProp and other associated products successfully to the market.," stated Mike Jones, President of T2FV.
Mid-America Precision Products specializes in the manufacture of close-tolerance sheet metal fabrications, machined parts, and value-added assemblies for aerospace, telecommunications, heavy industry, and computer storage markets. The company has three manufacturing locations in Joplin and one in Stella, Missouri.
TRU 2 FORM VENTURES, INC. specializes in the conceptual design and development of various mechanical products used to assist personnel in the workplace. The company is headquartered in Neosho, Missouri.
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