CALGARY, May 29, 2013 /CNW/ - RS Technologies Inc. ("RS" or the "Company"), an ISO 9001:2008 certified company that designs, engineers and
manufactures composite utility poles, today announced that it has filed
its unaudited interim consolidated financial statements for the quarter
ended March 31, 2013 and the related management's discussion and
analysis with Canadian securities regulatory authorities. Copies of
these documents are available at www.sedar.com.
For information on developments concerning the Company's previously
announced Companies' Creditors Arrangement Act (Canada) proceedings, please refer to the website of RS's
Court-appointed Monitor at http://cfcanada.fticonsulting.com/RS/default.htm.
Certain information regarding RS in this news release including
management's assessment of future plans and operations and the timing
thereof, may constitute forward-looking statements under applicable
securities laws and necessarily involve risks including, without
limitation, risks associated with loss of markets, currency
fluctuations, competition from other systems providers, the ability to
access sufficient capital from internal and external sources and the
uncertainty involved in Court proceedings and the implementation of a
Plan of Arrangement under the CCAA. As a consequence, RS's actual
results, performance or achievements could differ materially from those
expressed in, or implied by, these forward-looking statements and,
accordingly, no assurance can be given that any events anticipated by
the forward-looking statements will transpire or occur, or, if any of
them do so, what benefits RS will derive therefrom. Readers are
cautioned that the foregoing list of factors is not exhaustive.
Furthermore, the forward-looking statements contained in this news
release are made as at the date of this news release and RS does not
undertake any obligation to update publicly or to revise any of the
included forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by
applicable securities laws.
RS is an ISO 9001:2008 certified company that designs, engineers and
manufactures composite utility poles. The poles are used in
transmission, distribution and communication applications and offer a
lighter, more durable and longer-lasting solution over wood, steel and
concrete alternatives. In many instances, the environmentally friendly
poles deliver the lowest total installed and lifecycle cost solution of
any pole on the market. With installations dating back to 2003, RS has
over 280 customers globally.
SOURCE: RS Technologies Inc.
For further information:
RS Technologies Inc.
Tel: (403) 219-8000
Fax: (403) 219-8001