CARROLLTON, Texas, Nov. 6 /PRNewswire-FirstCall/ -- Universal Power Group, Inc. a leading provider of third-party logistics and supply chain management services, and a distributor of batteries and power accessories, today announced it has retained Lambert, Edwards & Associates, Inc. (LE&A) to manage and communicate its emerging growth story to shareholders, the investment community and media.
"We have made considerable progress since our IPO, despite the difficult national economic conditions, and believe today is an appropriate time to increase awareness of our story," said Randy Hardin, President and CEO of UPG. "Lambert, Edwards & Associates has a proven track record of helping small-to mid-sized companies increase awareness among investors, the media and consumers."
Jeff Lambert, managing partner of LE&A, said: "UPG not only provides batteries and power accessories that cater to today's mobile society but also optimizes its customers' supply chain - from warehousing and just-in-time fulfillment to overseas sourcing, graphic design, private labeling, engineering and sales and marketing support - to improve their business results. In a tough economic environment, UPG's supply chain management expertise provides for a significant opportunity to grow market-share and financial results. The company already has a strong customer base, including Brink's Home Security, Inc., RadioShack, Bass Pro Shops, Cabela's, Home Depot Supply and GE Energy. They also have a global reach with customers in the U.S., China and Europe. We look forward to helping UPG communicate its story and build shareholder value through increased liquidity and interest in the company's stock."
About Universal Power Group, Inc.
Universal Power Group, Inc. is a leading provider of third-party logistics and supply chain management services, and a distributor of batteries and power accessories to various markets. UPG's supply chain services include procurement, warehousing, inventory management, distribution, fulfillment, and value-added services such as sourcing, custom battery pack assembly, coordination of battery recycling efforts, custom kitting, and product design and development. UPG's range of product offerings include proprietary brands of industrial and consumer batteries of all chemistries, chargers, cellular and Bluetooth accessories, jump-starters, 12-volt accessories, solar panels, and security products. For more information, please visit the UPG website at http://www.upgi.com/.
Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission. Historical financial results are not necessarily indicative of future performance.
