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Notizie:aert Shareholders Update

- 08/7/2011 22:12
3385472738


AERT issues the following announcement:


Welcome to your upcoming Advanced Environmental Recycling Technologies, Inc. (OTCBB:AERT) Annual Shareholder Meeting on July 14, 2011 at 3 p.m. at your corporate headquarters in Springdale, AR.



It is with a great sense of achievement that we reflect on AERT and its accomplishments in 2010. For the preceding three years this management team had been exclusively focused on managing the economic, liquidity and legal related challenges that have impacted the Company. Our vision was to use 2010 as a transitional year to reposition AERT to take advantage of the compelling opportunities in the marketplace and apparent weakness within several of our competitors. In 2010 the housing market began to show the first signs of optimism and we commenced the process of repositioning AERT for the future. In developing the long term strategic plan the management team was focused on four key initiatives in 2010 to lay the groundwork for future success including (i) recapitalizing the Company's balance sheet to allow for capital reinvestment in high ROI growth initiatives (ii) fostering the impressive growth trajectory in our contractor focused product offering – MoistureShield® (iii) continuing to  execute on our partnership with Lowe's and to build a new partnership with BlueLinx in support of the ChoiceDek® brand and (iv) accelerating the diversification of AERT's revenue mix by operationalizing a new state of the art plastic recycling facility in Watts, OK.



Balance Sheet Restructuring



The constraints imposed by an overlevered balance sheet necessitated a balance sheet restructuring and a new financial partner to help the Company recapitalize. In March 2011, after the culmination of many months of negotiations, AERT successfully completed a balance sheet restructuring which allowed it to renew its focus on new technologies, facilities and products for the future. AERT has teamed up and joined forces with a strong financial partner, H.I.G. Capital (H.I.G.) that will provide the requisite capital and operational assistance to allow AERT to execute on its strategic plan. The decision to enter into this transaction was not taken lightly; however it was determined by the Board of Directors that this was the best solution for the Company and all of its stakeholders. AERT is now moving forward and even more focused on building the business leading to several other exciting initiatives I'd like to highlight.



MoistureShield® Decking Program



Back when we started the MoistureShield® brand our goal was to launch a game-changing, product that would provide superior aesthetics, durability and performance to contractor yards, professional builders and remodelers. After several years of investment and incubation I can safely say "We Have Been Successful".  Customers and contractors agree that MoistureShield® is the benchmark against which all other ultra-low-maintenance deck boards are measured. This innovative program under the direction of Vice President Brent Gwatney grew over 20% in sales last year and now has attained nationwide distribution in the U.S. and Canada, as well as some significant international distribution. This year the MoistureShield® team has again rolled out several new products and color selections and is again pushing double digit growth. For additional information, please feel free to check out our website at www.moistureshield.com.



ChoiceDek® Decking Program



Our flagship product, ChoiceDek® also experienced some positive momentum in 2010. Most significantly our distribution program was transitioned from Weyerhaeuser to BlueLinx last year for continued nationwide distribution to Lowe's.  2010 ended a partnership with Weyerhaeuser that began in 1995. We wish Weyerhaeuser the best for the future and appreciated the opportunity to work with the Weyerhaeuser BMD group over the years.



Going forward, the AERT ChoiceDek® team is working with BlueLinx to more promptly supply a wider selection of decking products and accessories to Lowe's with less overall inventory in the channel. The current ChoiceDek® product offering began in 2004 and has been our most successful product line ever. We are pleased that ChoiceDek® continues to be a value brand with a loyal following however, the time has come for an upgrade and we have invested significant resources to remain on the cutting edge of innovation in the industry. Stay tuned; the future is exciting. To find out more, please feel free to visit www.choicedek.com.



Polyethylene (Recycled) Plastics



Leveraging AERT's core competencies in plastics and recycling technologies, AERT has operationalized its new Watts, OK Green Age Plastic Recycling facility which started up last year and continues to expand and improve the quality of its output. This facility is designed to hedge against rising petrochemical and plastic prices by utilizing AERT technologies in conjunction with lower cost plastic waste streams that are too difficult and costly for others to recycle. With AERT Green Age technologies, the company is able to clean and process large volumes of inconsistent and variable plastic waste, analyze it, and then blend it back together into usable forms. With the recent arrival of plastic pelletizing equipment and on-site installation underway, AERT will shortly be able to open an exciting new era and initiate sales to third parties of our new reengineered blends of recycled polyethylene resins. This will help diversify our revenue streams as well as level out the seasonal aspect of AERT's overall business. The benefits of this project will come to fruition in the near future.



In closing, the AERT team delivered – not only in terms of sales and market penetration, but also manufacturing excellence, managerial oversight, and cost control. AERT is working closely with H.I.G. to maintain the momentum and continue building our business and increasing shareholder equity for everyone involved. We are focused exclusively on all aspects of growth –growth in market share, growth in revenues, and growth in profit.



We thank you for your past support and look forward to visiting with you in Springdale.



Best regards,



Joe G. Brooks

Founder, Chairman, & CEO



About Advanced Environmental Recycling Technologies, Inc.



Since 1989, AERT (OTCBB:AERT) has pioneered the use of recycled polyethylene plastic in the manufacture of composite building materials. With its constantly evolving portfolio of patented and proprietary recycling technologies, AERT has been widely recognized as a leader in resource conservation innovation and received the EPA Award for Environmental Excellence for its process of converting scrap plastic to composite outdoor decking. The company recently received an ESGR Patriot Award for its support of our Guard and Reserve Units in the U. S. Armed Forces. AERT converts reclaimed plastic and wood fiber waste into quality outdoor decking systems, fence systems, and door and window components. The Company is the exclusive manufacturer of ChoiceDek® decking, which is available in multiple colors and is sold in Lowe's Home Improvement stores nationwide. See http://www.choicedek.com/">http://www.choicedek.com for more information. AERT's MoistureShield® decking program is expanding and products are now available throughout the U.S. See http://www.moistureshield.com/">http://www.moistureshield.com for product information or to find a regional distributor or dealer. AERT operates manufacturing facilities in Springdale and Lowell, Arkansas and recently commenced operations at its Green Age recycling facility in Watts, Oklahoma. Investors can access real-time stock quotes and information at http://www.otcmarkets.com. For more information on the Company, visit http://www.aertinc.com/">http://www.aertinc.com. Sign up to receive investor information, including press releases, via email by visiting http://aert.com/ir/PressReleaseOptIn.aspx.



The AERT, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4905



Certain statements in this news release regarding projected results of operations, or, projected results of financial plans or future strategies and initiatives, including, but not limited to, projections of revenue, projections of profitability, any and all future expectation, and plans for future activities may and should be regarded as ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may cause AERT, Inc.'s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. AERT currently is considering, but may or may not in the future implement any or all of the items and issues listed in any planned budget or strategic initiative, due to, among other things, known and unknown risks, uncertainties and other factors.



AERT, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, change in strategy, or otherwise. The above-mentioned listing of risks and uncertainties is not inclusive. For a more detailed discussion of some, but not all, of the risks and uncertainties that may affect AERT, Inc., see AERT, Inc.'s filing with the Securities and Exchange Commission, including its Annual Report on Form 10-K, for the fiscal year ended December 31, 2010. 


CONTACT: For AERT
Sarah Pore
479-203-5084
www.aertinc.com/ir



AERT Logo




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1 di 1 - 08/7/2011 22:12
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It looks such as a great and ambition programs
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