WEST NYACK, NY -- April 8, 1999--General Bearing Corporation (Nasdaq:GNRL) announced today that President David Gussack and Chairman of the Board Seymour Gussack will be featured on the CNN television program, "Entrepreneurs Only," to be aired Monday, April 12, at 9:30 p.m. EDT.
The show, anchored by Donald Van der Mark, will center on "Doing Business in China." General Bearing was one of the first U.S. companies to develop manufacturing and sourcing activities in China. Viewers are urged to tune-in to CNN's "Entrepreneurs Only" to gain a broader understanding of General Bearing’s success overseas.
CNN's "Entrepreneurs Only" airs Monday-Friday at 9:30 p.m. EDT.
General Bearing manufactures, assembles and distributes a wide variety of bearing components and products including ball bearings, tapered roller bearings, spherical roller bearings and cylindrical roller bearings. Under "The General" and the "Hyatt" trademarks, the Company supplies to Original Equipment Manufacturers and Aftermarket Distributors in the automotive, truck, railroad, office equipment, appliance and industrial machinery markets.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. These risks could cause the Company's actual results for the current FY and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company.