CALABASAS, Calif.--(BUSINESS WIRE)--March 8, 2005--National Technical Systems, Inc. (NASDAQ: NTSC), (NTS) a leading provider of quality and conformance testing and managed services for industries, including aerospace, defense, telecommunications and information technology, was recently ranked to be the 6th best performing stock over a 25-year period. The ranking was for the last 25-year period which ended in December of 2004 and was compiled by FactSet Research Systems, a Norwalk, Conn., financial data provider.
According to FactSet Research Systems, the top ten best performing stocks were Eaton Vance Corp. (NYSE: EV), Kansas City Southern (NYSE: KSU), Countrywide Financial Corp. (NYSE: CFC), Progressive Corp. (NYSE: PGR), Stryker Corp. (NYSE: SYK), National Technical Systems, Inc. (NASDAQ: NTSC), Forest Laboratories Inc. (NYSE: FRX), Wal-Mart, State Street Corp. (NYSE: STT), Mylan Laboratories Inc. (NYSE: MYL), M&T Bank, Leucadia National Corp. (NYSE: LUK), Allete Inc. (NYSE: ALE), Dollar General Corp. (NYSE: DG) and Berkshire (NYSE: BRK-A).
"We could not imagine being placed in better company," stated Jack Lin, CEO of National Technical Systems. We believe the ranking reflects our methodical approach to how we manage the Company. We constantly strive to stay level-headed and focused in order to ensure we hit our goals and growth targets year after year."
An investor who purchased the stock of National Technical Systems, Inc. on Dec. 31, 1979 would have earned an annualized rate of return of 27.96%. The rankings did not include companies like Microsoft that went public less than 25 years ago.
About National Technical Systems, Inc.
National Technical Systems, Inc. is a business-to-business services company providing organizations in the aerospace, defense, information technology and high technology markets integrated testing, certification, quality registration, systems evaluation and information technology business services. For additional information about National Technical Systems, visit its web site at www.ntscorp.com.
The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to operating new facilities, customer orders, demand for services and products, development of markets for the Company\'s services and products and other risks identified in the Company\'s SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding National Technical Systems business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company\'s Annual Report or Form 10-K for the most recently ended fiscal year.
CONTACT: National Technical Systems
Lloyd Blonder, 818-591-0776
BPC Financial Marketing
John Baldissera, 800-368-1217
SOURCE: National Technical Systems, Inc.