“At this time, Smith-Midland and Easi-Set Worldwide, your licensing company, are introducing simultaneously to all 50 states and our 37 licensed J-J Hooks producers throughout North America the Precast industries two newest and most important product offerings in the Highway Safety Arena, the ultra-demanding crash tested (MASH TL-3) Bolt Down and the Pinned Down J-J Hooks Precast Concrete barrier. No other Precast companies in North America can offer this patented, crash tested, lowest cost to produce and the lowest cost to install and remove, bolted bridge barrier and pinned down construction cut barrier (where the earth may be cut out two or three feet deep to allow rebuilding of road sub base). When crash tested, these two products deflected less than any other known Bolted or Pinned Precast Barrier. Low deflection is a much sought after and highly desirable feature/benefit for Federal Highway and State Departments of Transportation projects. The market for these two new products will greatly enhance and strengthen the J-J Hooks national and international licensing program, with accompanying increases in licensing revenue.“These projects are examples of the Smith-Midland commitment to diversification that continues to set it apart from the rest of the Precast Industry.” Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities Industries. This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, general business and economic conditions, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
For more complete information on Smith-Midland Corporation, visit the Company’s web site at SMITHDELAWARE.com. The “Investor Relations” area will include the Company’s Form 10-K for the fiscal year December 31, 2011.