Aug 27 2010
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 James Molinaro, the Company's chief executive officer, will present at the Rodman & Renshaw Annual Global Investment Conference at 11:15 a.m. (ET) on September 13, 2010.
The conference will be held September 12-15, 2010 at the New York Palace Hotel, 455 Madison Avenue, New York, NY. TechPrecision management will be available during the day on September 13 for one-on-one meetings. Please contact your Rodman & Renshaw representative to schedule a meeting.
Mr. Molinaro will discuss the Company's operational results, growth strategy, and its high-precision technologies. TechPrecision benefits from a diversifying platform and a rebound in its core market sectors especially within the clean tech vertical where it recently signed a multi-million dollar deal with a new Tier-1 customer. In addition, the Company is seeing improvements in several of the other verticals it serves. This has resulted in a significant increase in backlog as well as sequential improvements in revenue. First quarter sales increased 85.4% to $6.2 million year over year and 32.2% sequentially from the fourth fiscal quarter of 2010.