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NEWS RELEASE PERFECT FRY CORPORATION For Immediate Release Perfect Fry Reports Fiscal 2003 Continues its Record-Setting Pace CALGARY (September 10, 2003) -- Perfect Fry Corporation reported today that the third quarter ending July 31, 2003 has set a new record for the highest revenue earned in a third quarter ever recorded in the Company's history. For the three months ending July 31, 2003 revenue totaled $886,896, compared with revenue of $858,426 over the same period last year and $861,608 in 1995, the previously highest third quarter revenue recorded. "The strong growth in revenue during the first two quarters
this year has continued into the third quarter. We are certainly
on course for a very successful year." said Gary Calderwood,
president and CEO, "Our record revenues and profitability reflect
well on our marketing and sales initiatives, growing strength of
our image in the market place, and product quality and reliability." Third Quarter Results 2003 and 2002:
As at July 31 2003, the Company had 9,788,656 common shares issued and outstanding. Perfect Fry manufactures and markets the world's most sophisticated
counter-top deep fryer. Its patented air filtration and fire prevention
systems, compact design, and quick, clean operation have made the
Perfect Fryer a preferred choice among fast food retailers across
North America and around the world. The common shares of Perfect
Fry are listed for trading under the symbol PNM on the TSX Venture
Exchange. The TSX Venture Exchange has neither approved nor disapproved of
the information contained herein Contact: Sharon Haasdyk |
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