Progress Watch Corp. (PROW: OTC Link) | TRIPLE-AXIS TOURBILLON READY FOR SALES AND PRODUCTION

TRIPLE-AXIS TOURBILLON READY FOR SALES AND PRODUCTION

Dec 13, 2011

OTC Disclosure News Service

Lyss, Switzerland –

Progress Watch Corporation is pleased to announce that our triple-axis tourbillon is ready for sales to selected customers. This movement is a See-through Triple Axis Rotary Tourbillon (START) which indicates directly the hours, minutes and seconds. The prototypes were exhaustively tested for nearly a year and function to our full satisfaction. When we have further news on this and other ongoing projects it will be reported.

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Progress Watch Corporation, together with its Swiss subsidiary Calibrum AG, is dedicated to independently providing high end, innovative, reliable, stable, flexible and unique Swiss made mechanical watch movements to the elite of the Swiss watch industry.

This press release contains forward-looking statements that provide current expectations of future events based on certain assumptions. All statements regarding future performance growth, conditions, or developments are forward-looking statements. Actual future results may differ materially from those described in the forward-looking statements due to a variety of factors. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/PROW/news?id=39410

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