COPPELL, Texas---Oct. 18, 1999--TST/Impreso, Inc. (Nasdaq National Market: ``TSTI''), a leading manufacturer and distributor of paper, film and other hard copy imaging products for commercial and home office applications, today announced that it has again been named one of the ``Top 100 Manufacturers'' in the business forms and printed business products industry by FORM Magazine in its June 1999 issue. FORM ranked the companies according to their fiscal 1998 sales. TST/Impreso, Inc. was ranked 13th in the latest industry survey, based upon its reported sales for the fiscal year ended August 31, 1998.
FORM, an award-winning magazine serving the document management industry, is published by the Document Management Industries Association in Alexandria, Virginia.
``We are extremely pleased to report that TST/Impreso moved up to No. 13 in the FORM Magazine rankings this year, compared with our No. 24 ranking in the prior-year survey,'' noted Marshall Sorokwasz, president and chief executive officer of TST/Impreso, Inc. ``To be recognized as the thirteenth largest company in our industry by this respected national trade publication is an impressive compliment to our organization. We share this recognition with our dedicated employees, customers, vendors and shareholders.''
TST/Impreso expects to report that its net sales for the fiscal year ended August 31, 1999 increased 19% to approximately $59.6 million, compared with $50.1 million in the previous fiscal year. ``Our sales gains have been fueled by the Company's internal growth, rather than by acquisitions, and our goal is to be ranked among the ten largest in our industry in FORM Magazine's survey for 1999 and in the top five for the year 2000,'' stated Sorokwasz.
TST/Impreso, Inc. is a manufacturer and distributor of hard copy imaging products for commercial and home use in domestic and international markets. The Company also owns and manages HotSheet.com, a single-page, online Internet directory with categorized links to premier web destinations. Headquartered in Coppell, Texas (Dallas/Ft. Worth metroplex), TST/Impreso operates three manufacturing plants and distributes its products through 47 warehouse locations. The Company's website domains are http://www.hotsheet.com/, http://www.shopsheet.com/, http://www.impreso.com/, and http://www.tstimpreso.com/ .
The common stock of TST/Impreso, Inc. is traded on Nasdaq's National Market System under the symbol ``TSTI''.
This press release may include statements that constitute ``forward-looking'' statements, usually containing the words ``believe'', ``estimate'', ``project'', ``expect'' or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, competitive factors, new products and technological changes, paper prices and raw material costs, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
TST/Impreso, Inc.
Marshall Sorokwasz, President and CEO
972/462-0100
or
R.J. Falkner & Co.
R. Jerry Falkner, Investor Relations
800/377-9893