Please visit the Company website for more information at Resources LLCGordon O. Yonel, CEO, Copyright Business Wire 2009. (Repeats with correct tag in headline) NEW YORK, May 6 (Reuters) - U.S. private sector job lossesslowed in April, according to a report by ADP Employer Serviceson Wednesday, hitting their lowest since November last year andsurprising economists who had expected a much worse result.
ADP said private employers cut 491,000 jobs in April versusa revised 708,000 lost in March that was originally reported asa loss of 742,000 jobs. Economists had expected 650,000 private-sector job cuts inApril, according to a Reuters poll. The report is the latest in a series of data suggesting thesevere U.S. recession may be bottoming out, though it is tooearly to say recovery is under way. "This is one of many indicators that has suggestedimprovement, but it is volatile and is only one month.
Tooearly to read anything further into it," said Subodh Kumar,chief investment strategist at Subodh Kumar & Associates inToronto U.S stock index futures turned positive after the report.U.S government bonds extended their losses (Reporting by Burton Frierson, Editing by Chizu Nomiyama). NORTH WILKESBORO, NC, May 06 (MARKET WIRE) -- Expo Holdings, Inc. (PINKSHEETS: EXPH) and its wholly owned subsidiary,D&D Displays, Inc., win a contract award from industry leader HarrisTeeter, Inc.James D. Brown, CEO, stated, "Earlier this year, the company participatedin a bid process and successfully won a contract award from grocery leaderHarris Teeter. Harris Teeter grocery stores are among the bestmerchandised stores in the country and we are pleased to provide them withproduce fixtures and merchandising elements. This award demonstratescontinued growth in the relationship of our two companies.
As per ouragreements, we will not disclose the financial nature of these awardsother than to say, it is significant Harris Teeter should be a top 3customer for Expo in 2009. We are very pleased to serve Harris Teeter."Additionally, James stated, "We are waiting on news regarding severalother RFPs, and projects including several regarding Lowe's Companies andWal-Mart. The company will provide additional updates regarding them asthey become materially important. The company will be posting itsfinancials to pinksheets soon and will take further actions toincrease its transparency to its shareholders. We believe the company iswell positioned to grow by taking advantage of current retail conditions."About Harris Teeter, Inc. http:// to the company's website Harris Teeter, Inc., a wholly-ownedsubsidiary of Ruddick Corporation, is a food market chain that operates inthe eight-state area of North Carolina, South Carolina, Virginia, Georgia,Tennessee, Florida, Maryland and Delaware The company also operatesstores in the District of Columbia.
Ruddick Corporation is traded on theNY Stock Exchange at RDK.In addition to 176 retail stores, they also operate grocery, frozen food,and perishable distribution centers in Greensboro and Indian Trail, NC, aswell as the Hunter Farms milk and ice cream facility in High Point, NC.They are headquartered in Matthews, NC and currently have approximately21,000 employees.About Expo Holdings, Inc. http:// Holdings operates in North Wilkesboro, NC. D&D Displays is a whollyowned subsidiary of Expo Holdings, which specializes in custom cabinetryand high end store fixtures for retail vendors such as Newell-Rubbermaid,Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&DDisplays has been in operation since 2000 and joined Expo Holdings in2006.This release includes forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933 and Section 27E of theSecurities Act of 1934. Statements contained in this release that are nothistorical facts may be deemed to be forward-looking statements.Investors are cautioned that forward-looking statements are inherentlyuncertain. Actual performance and results may differ materially from thatprojected or suggested herein due to certain risks and uncertaintiesincluding, without limitation, ability to obtain financing and regulatoryand shareholder approvals for anticipated actions.Contact:J.D.