Laser Technology Announces Recommendation for ISO 9001 Certification
27 March 2000
Laser Technology Announces Recommendation for ISO 9001 Certification
ENGLEWOOD, Colo., March 27 Laser Technology, Inc.
(Amex: LSR), a leading designer, manufacturer and marketer of pulse laser
measuring instruments and systems, today announced that its certification
audit for ISO 9001 has been completed at the Company's facilities. The
Company has been recommended for certification by TUV, a certified ISO 9000
registrar which conducted the certification audit.
ISO certification reflects a company's compliance with standards
recognized by the Geneva-based International Organization for Standardization,
a worldwide federation of approximately 130 countries. The ISO 9000
certification series provides a framework for quality management and quality
assurance that is recognized by most developed countries in the world. ISO
9001 certification recognizes that a company's operating facilities and
manufacturing procedures provide an optimal environment for the design,
manufacture, and service of quality products.
"This certification will enhance our ability to expand into Europe and
other international markets where ISO 9000 represents a widely accepted
standard of quality," stated Eric Miller, President of Laser Technology, Inc.
"It will also allow us to comply with the requirements of potential new
customers, including many government agencies, which may require ISO 9000
certification for vendor contracts."
"Our ISO-compliant environment should allow management to streamline and
improve the overall quality of processes and products, increase productivity,
reduce scrap and rework, and enhance communications within the Company. ISO
9001 certification not only recognizes the quality of our products and
manufacturing capabilities, but we believe that it will bolster our marketing
advantages on a global scale."
Laser Technology, Inc. manufactures and markets laser-based speed and
distance measuring instruments which utilize proprietary technology developed
by the Company. Its products are sold worldwide and are used in a wide
variety of applications, including traffic speed enforcement, natural resource
management, GIS mapping, surveying, sporting/recreational activities, and
industrial process control. The Company's headquarters and primary
manufacturing facilities are located in Englewood, Colorado, and its common
stock is traded on the American Stock Exchange under the ticker symbol "LSR".
This press release includes statements which may constitute "forward-
looking" statements, usually containing the words "believe", "project",
"expect" or similar expressions. Any forward-looking statements in this
release are made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned forward-
looking statement inherently involve risks and uncertainties that could cause
actual results to differ materially from such forward-looking statements.
Factors that could cause or contribute to such differences include, but are
not limited to, continued acceptance of the Company's products and services in
the marketplace, competitive factors, new products and technological
developments, dependence upon third-party vendors, and other risks detailed in
the Company's periodic report filings with the Securities and Exchange
Commission. By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions or changes
after the date of this release.
For further information, please contact: Maggie Urban-Phillips, Investor
Relations at (303) 649-1000 or RJ Falkner & Company, Investor Relations
Counsel at (800) 377-9893 or via e-mail at info@rjfalkner.com.