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HPS Announces Q1 2011 Financial Results – Increased Sales in a Highly Volatile Environment

Posted: Apr 27,2011

Investor Relations  

Guelph, Ontario – Hammond Power Solutions Inc., (“HPS”) (TSX: HPS.A) today announced results for the First Quarter 2011.

“Overall our operational and strategic momentum exceeded expectations. Sales compared to a year ago were up 19%, driven by strong OEM sales as well as continued distributor growth in the United States.” said Bill Hammond, Chairman & Chief Executive Officer of Hammond Power Solutions Inc.

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