Message #1 From:
NewsBot Date: August 10, 2005 07:34:00 AM
DPRI News Diversified Product Inspections, Inc. Sets Up Reports to be Transmitted Electronically to Clients
OAK RIDGE, Tenn.--(BUSINESS WIRE)--Aug. 10, 2005--Diversified Product Inspections, Inc. (OTCBB:DPRI), a provider of independent product failure analysis, air contamination and fire investigations for the Insurance Industry announced today that DPI's clients will now be sent their product failure analysis reports electronically via a secure PDF file format.
Warren Wankelman, vice president of marketing said: "Effective Monday, August 8, 2005, DPI started transmitting reports, pictures, and invoices electronically, which will replace the reports being sent via U.S. Mail. These reports will be in a secure encrypted Acrobat Reader format with access only with a password. Subrogation managers, claims managers and adjusters will access this new system via the DPI Web site (www.dpi-inc.com) by registering and setting up an account. While adjusters will only be able to access or view their own claims, managers will be able to view all their company's reports that have been completed.
This is a project that our IT staff has been working for over a year. It will provide faster turnaround time for our clients by eliminating two to five days by not having to depend on standard mail for delivery, which also means a significant savings in postage. It also allows our clients to distribute our reports and invoices electronically internally which speeds up and simplifies their procedures, thus making it possible for our invoices to be paid sooner. We are excited about the response from our clients and feel this new ability to serve our clients more efficiently will also save time and money."
About Diversified Product Inspections, Inc. (www.dpi-inc.com)
Launched in 1991 and headquartered in Oak Ridge, Tenn, Diversified Product Inspections, Inc. provides expertise and unbiased, independent investigations on product failures, air contamination and fire investigations of all multi-billion dollar markets which directly impact three groups: the insurance industry, manufacturers and consumers. In addition, DPI has developed an array of comprehensive services for these three targeted groups, giving the company the ability to better inform consumers of defective products and recalls (http://www.homechecksafety.com), improve quality control processes with manufacturers and work with the insurance industry to recover funds via subrogation - a process whereby the insurer enforces its right to recoup from any third party that caused the loss on behalf of the policyholder.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. The words "believe," "expect," "anticipate" and "project," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include, but not be limited to, projections of revenues, income or loss, expenses, plans, and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described in forward-looking statements.
