Gross margin and operating expenses in these ranges yield an operating profit to sales percentage in the high teens. While the Company believes that it has a reasonable prospect of achieving these results in 1998, it cannot provide any assurance that these expectations will actually be met. Safe Harbor Provision Statements contained in this press release which are not historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. The Company is headquartered in West Kingston, RI, and its products are distributed worldwide.
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