NCVM news(BSNS WIRE) Nova Subsidiary, BuyMicro, Reports YTD Profit Nova Subsidiary, BuyMicro, Reports YTD Profit http://www.buymicro.com
Business Editors
TORRANCE, Calif.--(BUSINESS WIRE)--May 15, 2003--BuyMicro, Inc., a Nova Communications Ltd. (OTCBB:NCVM) subsidiary, today reported year-to-date revenues in excess of $2,100,000, recording a profit of $36,000. Ken Owen, Nova Communications CEO, stated, "BuyMicro has shown strong, consistent growth as it continues to further penetrate its marketplace. Management expects positive results to continue due to its increasing market share coupled with newly placed Purchase Order Financing Program from Ingram Micro." Nova Communications recently announced that it has entered into a Letter of Intent to merge with PowerSki International, the designer and manufacturer of the patented PowerSki Jetboard, the World's most innovative watercraft. To learn more about the World's most innovative watercraft and to view behind the scenes footage of the Jetboard in action for Fox Sports' 54321 sports program, please visit the Company's web site at http://www.powerski.com/home.html.
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