EX-99 2 crivet_ex99-1.htm EXH. 99.1

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations.

Naperville, IL, August 13, 2007. Chicago Rivet & Machine Co. (Amex, symbol: CVR) today

announced results for the second quarter of 2007 as summarized below:

 

 

CHICAGO RIVET & MACHINE CO.

 

Summary of Consolidated Results of Operations

 

For the Three and Six Months Ended June 30

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

First Six Months

 

 

2007

 

2006

 

2007

 

2006

 

 

 

 

 

 

 

 

 

Net sales and lease revenue

 

$10,130,320

 

$11,057,366

 

$20,077,896

 

$21,998,317

Income before income taxes

 

775,399

 

698,526

 

1,235,671

 

1,284,810

Net income

 

523,399

 

468,526

 

833,671

 

857,810

Net income per share

 

.54

 

.49

 

.86

 

.89

Average shares outstanding

 

966,132

 

966,132

 

966,132

 

966,132

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(All figures subject to year-end audit)

 

 

Contact:

Kimberly A. Kirhofer

Chicago Rivet & Machine Co.

(630) 357-8500