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March 3rd, 2005
AMR Technologies' 2004 Revenue exceed US$50 million
AMR Technologies Inc. (TSX:AMR) today reported its results for the year ending December 31, 2004.
AMR posted record sales. For the first time in its history, AMR surpassed the $50 million revenue mark, continuing to grow market share. This was achieved through a 13 percent year-over-year increase in Rare Earths business unit revenue and a 75 percent increase in Zirconium business unit
revenue. This amount included $3.8 million from our rapidly growing nanotechnology-derived products.
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