Hickory, NC May 15, 2025 (GLOBE NEWSWIRE) -- via NewMediaWire -- Fortran Corporation (OTC: FRTN)
Fortran Corporation, (the “Corporation”) is pleased to announce the 1st quarter earnings of 2025. CEO & President Kent Greer stated “the market continues to be strong for our product and service offerings. With the completion of Intech Systems of S.C. during the 1st quarter of 2025, we expect continued organic growth for all our operating companies in North & South Carolina. This is an exciting time, and we look forward to more acquisition opportunities in 2025”.
About Fortran Corporation:
Fortran Corporation is a telecommunication system integrator dedicated to designing, implementing and maintaining complex telecommunications solutions focused on cloud based and AI services. Fortran is comprised of engineering and design, network services, sales, remote monitoring, and on-site service. For more information, contact us at: info@fortrancorp.com.
Visit us at www.fortrancorp.com
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Statements and information contained in this communication that refer to or include Fortran’s estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Fortran’s current perspective of existing trends and information as of the date of the communication. Forward looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,” “guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or other similar words, phrases or expressions. Such forward-looking statements include, but are not limited to, statements that Intech Systems of S.C. will continue to operate as a wholly owned subsidiary of Fortran Corporation providing innovative technology solutions in Intech Systems of S.C. and the surrounding areas and that Fortran is looking forward to Intech Systems of S.C.’s contribution to Fortran’s growth and performance. It is important to note that Fortran’s plans, objectives, expectations and intentions are not predictions of actual performance. Actual results may differ materially from Fortran’s current expectations depending upon a number of factors affecting Fortran’s business. Factors that could cause or contribute to such differences include, but are not limited to, fluctuation in operating results, the ability of Fortran to compete successfully and other events. These factors also include, among others, the risks associated with the COVID-19 pandemic and related public health measures on its business, customers, markets and the worldwide economy; the inherent uncertainty associated with financial and other projections; the anticipated size of the markets and continued demand for Fortran’s products; the impact of competitive products and pricing; changes in generally accepted accounting principles; successful compliance with governmental regulations applicable to Fortran’s facilities, products and/or businesses; changes in laws, regulations and governmental policies; the loss of key senior management or staff; and other events, factors and risks previously and from time to time disclosed in Fortran Corporation’s filings with the OTC Markets Group Inc. including, specifically, those factors set forth in any “Risk Factors” section contained in such fillings.
Kent Greer
828-324-4611
kgreer@fortrancorp.com
