Business
Office Openings
Office Openings.
About this update from Somero Enterprises, Inc.
[{"type":"text","content":"\n Somero Enterprises Inc.\n21 November 2007\n\n21 November 2007\n\n\n THIS ANNOUNCEMENT MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED IN OR INTO THE\n UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR TO US PERSONS (AS DEFINED IN\n REGULATION S UNDER THE US SECURITIES ACT OF 1933, AS AMENDED) OR TO RESIDENTS,\n NATIONALS OR CITIZENS OF CANADA, JAPAN OR AUSTRALIA.\n\n\n Somero Enterprises, Inc (R)\n ('Somero' or 'the Group')\n\n\n International expansion continues with new offices opening in Dubai, China,\n Germany and Spain\n\n\nSomero Enterprises, Inc (R), the manufacturer of patented laser guided equipment\nused for the spreading and levelling of high volumes of concrete for floors in\nthe construction industry, is pleased to announce the opening of new sales\noffices in Dubai and in Germany, with a further two offices in Spain and\nShanghai in China scheduled to open before end December 2007.\n\n\nIn its interim results statement of 6 September 2007, Somero highlighted the\npace of its international growth to enhance the balance of its international and\nNorth American operations. Research undertaken by the Company concluded that\nthe Middle East and China offered particularly attractive opportunities for\ngrowth and as such, the Company announced it would focus on building a sales\npresence in these and other new territories. The opening of these new offices\nsees the Company delivering on that commitment.\n\n\nCommenting on the Group's continuing expansion, Somero Chief Executive Officer,\nJack Cooney said:\n\n\n'I am very pleased to report the excellent progress we are making in penetrating\nnew markets. We continue to invest in resources to enhance the balance of our\nbusiness reducing our exposure to any one geography. Meanwhile, we are also\nbenefiting from the continued robust demand for our equipment in North America.\nCurrent trading is strong across the Group and I look forward to providing an\nupdate on trading around the time of our financial year end of 31 December \n2007.'\n\n\nEnquiries:\n\n\nFinancial Dynamics +44 (0)20 7831 3113\nHarriet Keen / Matt Dixon\n\nJefferies +44 (0)20 7968 8000\nCharles Cameron / Nandan Shinkre\n\n\nThis announcement does not constitute or form part of any offer or invitation to\nsell, or any solicitation of any offer to purchase, any securities of Somero\nEnterprises, Inc. (the 'Compan...