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"We are excited to join the ThermoView family of companies," stated Joel Kron, President and Chief Executive Officer of Thermo-Shield Company, Inc. "We believe that ThermoView''s operating philosophy and strategic objectives are consistent with key trends which will determine the future of the replacement window industry. austin replacement windows the combination of our companies should benefit thermoview''s shareholders and the customers of replacement both organizations."thermoview industries, inc. has acquired or merged with 14 companies since it became a publicly-traded company in april 1998. with the addition of thermo-shield''s approximately windows and austin and replacement $20 million in yearly sales, our company''s annualized revenue ''run rate'' now exceeds $120 million. "we are pleased windows to have exceeded austin our revenue objectives during thermoview''s first twelve months as a public company, and our goals anticipate replacement that annualized revenues should reach or exceed $250 million by the end of 1999," concluded hoffmann. headquartered in louisville, kentucky, thermoview industries, inc. designs, manufactures, markets, installs windows and services custom vinyl new and replacement windows and replacement doors, primarily for the existing home market. the company intends austin to pursue acquisition opportunities replacement within the windows $7 billion replacement window/door industry. the company''s common stock is traded austin and replacement and windows on the american stock exchange under the ticker symbol "thv".louisville, ky., march 24 /prnewswire/ -- thermoview industries, inc. ("the company") (otc bulletin board: tvii), which designs, manufactures, markets and installs custom vinyl austin new and replacement windows and other home improvement products, today announced that it has acquired replacement thermo-shield company, inc. ("thermo-shield") for an undisclosed amount windows of cash and common stock.
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