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Wednesday, 12/04/2002 9:08:37 AM

Wednesday, December 04, 2002 9:08:37 AM

Post# of 13000
TVIN Info:

Authorized: 45,000,000*
Issued and Outstanding: 26,424,336*
Book Value: .12*

*Source- 11/14/2002 10Q


CURRENT BUSINESS INFORMATION: TVI Corporation is an integrated specialty products manufacturer which designs, fabricates, and markets final products and systems directly for end users. The Company's principal product groups are designed to serve counter-terrorism, military, HazMat, and hospitality applications. Product groups include various framed, fabric structures for tentage, signage, and promotion; supporting utilities such as gensets, lights, heaters, and showers; and associated accessories and supplies.

All fabric structures employ an articulating frame covered by one or more patents. The company also has a thermal products group which includes targets, IFF devices, beacons and markers, and decoys.

The company's product strategy is to enlarge each product family by both internal and external means, and to modify and create versions which will have utility for clients in all of its major market segments.

The Company distributes its products directly for domestic sales. Marketing is done by in-house employees, largely by written offers in response to Government announced purchases. The Company employs in-country agents for international sales on a limited basis.

HISTORICAL BUSINESS INFORMATION: Tvi Corp. was incorporated as a for-profit corporation under laws of Maryland on January 28, 1977. Tvi Corp. was formed primarily for the exploitation of a patent portfolio acquired from one of the founders. The two principal patents of the portfolio covered an electrically conductive coating and a light-weight cellular concrete.

Tvi Corp. voluntarily filed a Bankruptcy Petition under the provisions of Chapter 11 of the U. S. Bankruptcy Code on March 21, 1991. Its Plan of Reorganization was confirmed by the Court on April 15, 1993, and was essentially implemented by June 30, 1993. Tvi Corp. remained in bankruptcy until it filed Final Reports and Certification during 1996. They were discharged from bankruptcy by the Court on October 3, 1996.

February 6, 2002, Tvi Corp. was selected to provide tentage, signage, and accessory products to support the 2002 National Safe Kids Campaign's Safe Kids Buckle Up program. Safe Kids Budkle Up is sponsored by the International Union, UAW and the General Motors (GM) Corporation.

May 9, 2002 ManTech Advanced Systems International, Inc. recently signed a resale agreement with Tvi Corp. to carry its products on its GSA Schedule. MASI is a business unit of ManTech International, a professional and services company specializing in designing, developing, and maintaining advanced systems. MASI provides a range of engineering and technical services to government and industry.

June 13, 2002, Fisher Safety now markets Tvi Corp. Products. Fisher Safety, a business unit of Fisher Scientific, is a distributor of occupational safety products, supplies and services, providing access to over 54,000 safety, cleanroom, and domestic preparedness products for the most demanding applications. Fisher Safety employs over 100 professional Safety Sales Representatives nationwide.

July 24, 2002, the State of Massachusetts has selected Tvi Corp. Mass Casualty Decontamination Systems for state-wide application of all decontamination systems. The first two orders for 28 Decontamination Systems total more than $1,500,000. The patented system was designed with the Massachusetts Emergency Management Agency (MEMA) to allow First Responders to rapidly decontaminate victims of a Weapons of Mass Destruction attack, such as a nuclear, biological, or chemical weapon. Massachusetts is one of the first states to develop a statewide program for the decontamination of its citizens.

August 15, 2002, the State of Maine purchased sixteen Mass Casualty Decontamination Shelter systems. This purchase will equip the first 16 State Civil Support Teams, which have been recently formed, to respond to nuclear, biological or chemical events within the state. In addition to the Maine award, the Washington DC Fire Department has placed an order for several similar decontamination shelter systems. These will be prepositioned throughout the city with the Fire Department. This recent buy will allow the department to respond quickly to a WMD event anywhere in the city.

October 8, 2002, TVI Corporation reported that Delaware, Rhode Island and South Carolina have purchased TVI's Rapidly Deployed Decontaminations Systems as part of their Homeland Defense/Anti-terrorist initiatives. The systems will be used to protect their citizens from nuclear, biological or chemical (WMD) events.

October 28, 2002, the State of Massachusetts has purchased ten additional TVI Rapid Deploy Decontamination(TM) Systems and the State of Maine has purchased 40 additional TVI Mass Casualty Decontamination(TM) Systems. These systems are used to protect their citizens from nuclear, biological or chemical weapons of mass destruction (WMD) events. The decontamination units purchased by Massachusetts will augment the 28 systems purchased earlier this year.

MISCELLANEOUS BUSINESS INFORMATION: As of September 30, 2002 the company had an accumulated deficit of $9,509,107 and total stockholder's equity of $3,175,435.




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