KYLE, Texas, April 20, 2007 (PRIME NEWSWIRE) -- Electronic Kourseware International (Pink Sheets:EKII), a provider of low cost science supplies to educational facilities and other institutions, announced today that the company has received a significant contract award from a New York Education Coop. To date, the company has already booked over $100,000 in new contract awards and the bidding season for summer commitments has just begun to enter its high season.
The company is experiencing an astounding 30-40% bid acceptance rate and due to recent successes will be intensifying its bidding. One reason for such a high success rate is that Sciencelabs.com now has the best prices in the country on laboratory glass ware due to their aggressive sourcing efforts. Generally, the main bidding season for summer commitments and contract awards is late February through April.
"We attribute our high success rate to our ability to procure competitive prices on popular science equipment. Additionally, we keep our overhead to a minimum thereby lowering our costs and increasing our margins. Our recent successes confirm that if we are receiving products from the same manufacturers as our competitors, we will always win on price. We simply run a more efficient operation," stated, Chief Executive Officer, Phillip Greer.
EKI/Sciencelabs.com offers hundreds of the best science kits and lab products in the world. The company offers all of the leading brands at extremely competitive prices. Interested parties are encouraged to visit, www.sciencelabs.com to view some of the more than 18,000 available products. Electronic Kourseware International, the parent company of Scieneclabs.com, is a public company trading on the over-the-counter pink sheets market (Pink Sheets:EKII).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of products, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.