PORTLAND, Ore., Dec. 05, 2017 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ:SMIT) (the “Company”) today
announced that it expects to release its operating results for the second quarter of Fiscal 2018 after the close of market on
Wednesday, December 13, 2017.
About Schmitt Industries
Schmitt Industries, Inc., an Oregon corporation, designs, manufactures and sells high precision test and measurement products for
two main business segments: the Balancer Segment and the Measurement Segment. For the Balancer Segment, the Company designs,
manufactures and sells computer-controlled vibration detection, balancing and process control systems for the worldwide machine
tool industry, particularly for grinding machines. For the Measurement Segment, the Company designs, manufactures and sells laser
and white light sensors for distance, dimensional and area measurement for a wide variety of commercial applications and
measurement products that accurately measure the fill levels of tanks holding propane, diesel and other tank-based liquids and
transmit that data via satellite to a secure web site for display. The Company also provides sales and service for Europe and Asia
through its wholly owned subsidiary, Schmitt Europe Limited (SEL), located in Coventry, England and through its sales
representative office located in Shanghai, China.
CORPORATE OFFICE:
2765 NW NICOLAI ST.● PORTLAND, OREGON 97210 ● 503/227-7908 ● FAX 503/223-1258