Market Overview

Halitron, Inc. Sales Increase 38% Annually, 13% Over Previous Quarter

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Margins Set to Increase Further with the Purchase of New Equipment

NEWTOWN, CT, Oct. 22, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Halitron, Inc. (the "Company," "Halitron") (OTC:HAON), a multisector holding company, is pleased to announce its preliminary sales results for the quarter ending September 30, 2018 of approximately $380,000 and $1.22 million for the nine months ended September 30, 2018.

Since the acquisition of Hopp Companies, Inc on August 18th, 2017, and for the latter shortened third quarter period, sales were $275,220 which results in an increase $104,800 or 38% over the previous year.  Comparing same time periods for the assets, sales are up 13% quarter-over-quarter and 8% year-over-year.

Management will continue to focus on increasing sales throughout the remainder of the year by aggressively reaching out to the combined database total of 100,062 customer contacts and rolling out a targeted email blast campaign through its newly purchased ACT Customer Relations Management software.

On the manufacturing front, Halitron has purchased two new pieces of equipment to further improve gross margins by converting material in-house rather than outsourcing.  The equipment will also have a positive impact on sales with faster delivery times and more competitive pricing.

The Heidelberg Windmill Press with Hot Foil stamping unit is a very efficient workhorse type machine. This machine can stamp at around 4,000-5,000 IPH and can inlay Foil Markings. Creating neat and clean custom cut marks and cut outs with a foil finish option. With a maximum die surface of 26 x 35cm.

The 30" Stanford Model 142 Roll Doctor Slitter rewind can unroll and reroll many types of sheeted material while cutting it to various widths and rerolling to almost any diameter. With the use of razor or sheer blades it makes a smooth and clean-cut producing rolls effortlessly and with high precision.

About Halitron, Inc.

Halitron, Inc. is focused on acquiring sales, marketing, and manufacturing businesses to roll into efficient, low-cost operating infrastructures. Management targets operating entities that can benefit from our current operating infrastructure or operate autonomously and utilize our  product or service offerings in order to expand their existing operations. For more information on Halitron, Inc., please visit: www.halitroninc.com.

Halitron is neither an underwriter (as the term is defined in Section 2(a)(11) of the Securities Act of 1933) nor an investment company pursuant to the Investment Company Act of 1940. Halitron is not an investment adviser pursuant to the Investment Advisers Act of 1940. Halitron is not registered with FINRA or SIPC.

@HAON_official

@haon.inc

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@haon-official

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@Hopp Companies, Inc.

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Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. Halitron, Inc is neither an underwriter as the term is defined in Section 2(a)(11) of the Securities Act of 1933, nor an investment company pursuant to the Investment Company Act of 1940. Halitron, Inc. is not an investment adviser pursuant to the Investment Advisers Act of 1940. Halitron, Inc. is not registered with FINRA or SIPC.

Contact:
Halitron Investor Relations 
3 Simms Lane, Suite 2F, Newtown, CT 06470
1-877-710-9873
www.halitroninc.com 
info@halitroninc.com

Halitron Inc. logo.jpg

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