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"The acquisition of Thermo-Shield provides us with a strong market presence in the important Chicago metropolitan area and enhances detroit replacement windows our market position replacement in the midwest and in the rapidly-growing arizona market," commented steve hoffmann, chairman and chief executive windows officer of thermoview industries, detroit inc. "in addition, thermo-shield has developed strategic marketing relationships with a number of home replacement and windows center retail chains and mass merchandisers, including sam''s club (a division of wal-mart) and lowe''s. the programs, which were developed in conjunction with detroit such retailers, create additional revenue for thermo-shield and provide valuable services for the retailers'' customers. this represents an important new marketing channel which thermoview and thermo-shield hope to roll replacement out in other parts of the united states windows in detroit and replacement and windows the future." headquartered in louisville, kentucky, thermoview industries, inc. designs, manufactures, markets, installs and services custom vinyl new and replacement windows and replacement doors, detroit primarily replacement for the existing home market. the company intends to pursue acquisition opportunities within the windows $7 billion detroit replacement window/door industry. replacement the company''s windows common stock is traded on the american stock exchange under detroit the ticker symbol "thv".louisville, ky., march 24 /prnewswire/ -- thermoview industries, inc. ("the replacement company") (otc bulletin board: tvii), which designs, manufactures, markets and installs custom vinyl new and replacement windows and other home improvement products, today windows announced that it has acquired thermo-shield company, inc. ("thermo-shield") for an undisclosed amount of cash and common stock.
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