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Monday, June 19, 2006

US Energy projects 4th Quarter Revenues of $1,600,000

Momentum continues to pick up at USEI. After an Investor Conference Call this afternoon, USEI released system sales and revenue guidance for the 3rd and 4th quarter.

Following is an extremely optimistic quote from USEI CEO Mark Clancy.

"We now look toward the third and fourth quarter 2006; we anticipate that we will ship 100 systems during the third quarter and ramp up to 700 systems during the fourth quarter. Together with revenues generated from our manufacturing activities, we anticipate third quarter revenues of approximately $660,000 and fourth quarter revenues of approximately $1,600,000"



Press Release in its Entirety

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