Tag Archives: Winland Electronics

Business, Finance, Occupation & Industry

Winland Electronics, Inc. Common Stock to Begin Trading on the OTCQB Market

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By Business Wirevia The Motley Fool

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Winland Electronics, Inc. Common Stock to Begin Trading on the OTCQB Market

MANKATO, Minn.–(BUSINESS WIRE)– Winland Electronics, Inc. (NYSE Amex: WEX) today announced that its common stock will begin trading on the OTCQB Marketplace under the ticker symbol “WELX” commencing tomorrow, March 21, 2013. Investors will be able to view the Real Time Level II stock quotes for “WELX” at http://www.otcmarkets.com/stock/welx/quote.

The move to the OTCQB does not change Winland’s SEC reporting obligations under applicable securities laws. Accordingly, Winland will continue to file its Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K.


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About Winland Electronics


Winland Electronics, Inc. (www.winland.com), is an industry leader of critical condition monitoring devices. Products including EnviroAlert, WaterBug, TempAlert, Vehicle Alert and more are designed in-house to monitor critical conditions for industries including health/medical, grocery/food service, commercial/industrial, as well as agriculture and residential. Proudly made in the USA, Winland products are compatible with any hard wire or wireless alarm system and are available through distribution worldwide. Headquartered in Mankato, MN, Winland currently trades on the NYSE Amex Exchange under the symbol WEX but it will shortly be listed on the OTCQB Market under the symbol WELX.


Forward-Looking Statements


Certain of the matters set forth in this press release are forward-looking and involve a number of risks and uncertainties. These statements are based on management’s current expectations or beliefs. Actual results may vary materially from those expressed …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Winland Reports Q4 2012 and Full Year Financial Results

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By Business Wirevia The Motley Fool

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Winland Reports Q4 2012 and Full Year Financial Results

MANKATO, Minn.–(BUSINESS WIRE)– Winland Electronics, Inc. (NYSE Amex: WEX) today reported sales of Environmental Monitoring products of $946,000 for the fourth quarter ended December 31, 2012, an increase of $175,000, or 22.7 percent, from the $771,000 in the comparable period in 2011.

Net income from the quarter totaled $303,000, or $0.08 per share, versus a loss of $94,000, or $0.03 per share, in the fourth quarter of 2011. The company reported a net loss of $156,000, or $0.04 per share, from continuing operations, a result that does not include the gain on the sale of the company’s land and building, completed in the fourth quarter of 2012.

For the full-year, product sales totaled $3,713,000, up $269,000, or 7.9 percent, over 2011. Winland reported a net income of $21,000, or $0.01 per basic and diluted share, versus a $740,000 net loss, or $0.20 per basic and diluted share, for fiscal 2011.

The news release detailing the company’s fourth quarter and full year results will be available on www.winland.com at 8:00 a.m. central time, and will also be included in the Company’s Form 8-K filing with the Securities and Exchange Commission.


About Winland Electronics

Winland Electronics, Inc. (www.winland.com), is an industry leader of critical condition monitoring devices. Products including EnviroAlert, WaterBug, TempAlert, Vehicle Alert and more are designed in-house to monitor critical conditions for industries including health/medical, grocery/food service, commercial/industrial, as well as agriculture and residential. Proudly made in the USA, Winland products are compatible with any hard wire or wireless alarm system and are available through distribution worldwide. Headquartered in Mankato, MN, Winland trades on the NYSE Amex Exchange under the symbol WEX.

Winland Electronics, Inc.
Brian Lawrence, 507-625-7231
CFO & Senior Vice President
or
The Carideo Group, Inc.
Tony Carideo, 612-317-2881

KEYWORDS:   United States  North America  Minnesota

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance