Message #3 From:
NewsBot Date: December 9, 2005 03:00:00 AM
DPRI News Diversified Product Inspections, Inc. Offers Video Deposition Capabilities for its Clients and Lawyers
OAK RIDGE, Tenn.--(BUSINESS WIRE)--Dec. 9, 2005--Diversified Product Inspections, Inc. (OTCBB: DPRI), a provider of independent product failure analysis, air contamination and fire investigations for the Insurance Industry, can now provide video depositions for its clients and lawyers.
W. Warren Wankelman, Vice President, Marketing, stated, "In our continuing efforts to provide cutting-edge technology for our clients, we now can provide real-time video streaming on the DPI Web site (www.dpi-inc.com): video depositions between ourselves, our client's attorney and the opposing council. Using our new Audio/Video studio, DPI can have a member of our staff on-camera providing live testimony to attorneys, on both sides, in their offices, on their computers or laptops. A conference telephone connection is made over a phone line so all parties can interact in real time.
"The responses of several lawyers who have used this service are highly complementary and we see great potential for DPI as it offers this service to all its clients. A big plus for video conferencing is it lowers costs since it eliminates costly travel expenses when trying to do in-person depositions. Our clients on the west coast will find using this video deposition tool very cost effective. This same video technology can also be used for adjuster training and video taping of product testing. For information on DPI's Audio/Video capabilities, contact us at 1(800) 865-6220 and ask for Matt Walters, our Vice President of Information Technology (IT) or Ricky Dean, Senior IT Manager."
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.
