EXHIBIT 99.1
April 16, 2004
Dear Stockholder,
I would like to thank you for your interest and support in Unitrend. The
past year has brought forth some very exciting developments that have
allowed us to grow as never before. In the last six weeks Unitrend has
signed a national "Sales Rep Agreement" with Titan Technologies,
contracted to exhibit at the RetailVision Spring 2004 trade show in Palm
Springs, California at the end of April, launched a high volume
production tool for the Cablety with new industrial/military "Safety
Wire" capabilities molded into it, selected additional production
vendors, designed new retail packaging, established a new pricing index,
received another US patent for Cablety (including patent protection in
many foreign countries) and filed our 10KSB with the United States
Securities and Exchange Commission (SEC).
Titan Technologies is a procurement and marketing specialist for the
computer industry. Their staff has over thirty years of experience in
this channel. Through their network of suppliers and vendors, they are
able to find technology solutions for most hardware and software
applications. We believe that this is an ideal match for Unitrend
because our products were developed to offer solutions to common industry
problems. Titan Technologies will use their expertise and contacts to
solicit sales and market our current and future products for a twelve
month period.
We have decided to do a formal product introduction at the RetailVision
Spring 2004 show rather than through web promotions as previously
planned. RetailVision is a trade show that allows the manufacturer to
sit face to face with potential retailers and distributors in the
computer industry. This type of product promotion and introduction
greatly improves our ability to xxxxxx media and industry attention and
coverage. Our immediate goal is to establish Cablety as the de facto
industry standard in PC wire and cable management. To promote the sale
of the Cablety and briefly touch on the VersaCase and Stable power
supply, Unitrend has purchased two one half-hour round table sessions.
During, each session, the Company will be in front of eight to ten
representatives that comprise approximately 90% of the computer
industry's manufacturers and/or distributors. Following the group
sessions, Unitrend will have the opportunity to sit one on one with each
of the representatives that were in attendance at those sessions to
address individual questions and/or concerns of Unitrend and its
products. The RetailVision show is attended by corporate buyers in North
America including buyers from Best Buy, Xxx'x Electronics, Circuit City,
Radio Shack, CDW, Tiger Direct, etc.
We expect that the Cablety, and the patents thereon, will put us at the
forefront of wire and cable management inside personal computers and
servers. The internal buildup of heat within the computer enclosure is
one of the biggest causes of computer failure and generally decreases
efficiency. In order to control internal temperatures, computer
manufacturers are now rethinking enclosure dimensions and have begun to
reverse the trend toward smaller boxes. One of the best ways to control
heat build-up is to route the wires and cables inside up and away from
heat emitting devices and no product does that task better than Cablety.
Ribbon cables and power connectors can create a barrier in the case.
Restricted airflow allows for dust to settle on the equipment causing an
"insulating blanket" on heat emitting devices such as a processing chip.
In independent testing, the Cablety has been proven to help to relieve
these problems.
In the coming months we expect more changes, and with that, challenges,
that will help shape the Company to be more competitive and successful.
As you know, Unitrend is a public company but it is not publicly listed
on an exchange at this time. If sales develop as expected, we hope to
initiate the exchange listing process this year. If we are successful
with having our stock listed on an exchange, there will be an increase in
liquidity for your shares.
In keeping with our commitment to maintaining an informed stockholder
base, we will post relevant information on our website at
xxx.xxxxxxxx.xxx. Our website provides the best insight into the
Company and its products with up-to-date news releases and filings with
the SEC. Major and material events are always filed with, and posted on,
the SEC's XXXXX website prior to being released on our website's news
section. We encourage all our stockholders to read our Federal SEC
filings as a means of providing the most current information you need to
review and manage your investment in the Company. Please note that we do
not post SEC filings in the "News" section of the site. You must click
on the "Investment" button and select "SEC Filings" to view our reports.
Over the years we have relied heavily on the Unitrend website as the
means to stay in contact with our stockholders. We urge you to visit the
website often to find out the latest Company news.
In closing I want to thank you for your support of Unitrend. Our growth
and success is in no small part a tribute to your faith in us.
Sincerely,
/s/ Xxxxxx Xxxxxxxx
Xxxxxx Xxxxxxxx
Chief Executive Officer
