The
Company also announced that its Board of Directors has authorized the
repurchase by the Company of up to $10.5 million and a release of a security interest over 1,346,701
Common Shares of the Company which are now classified as Treasury
Shares.

* In December 2003, Singer Turkey sold its factory, land and building for
$11.5 million
and a gross profit of 33.0% of revenues for the twelve months ended December 31,
2003. Singer N.7 million decrease was primarily due to lower
profitability at First Capital Ltd.8 million for the same period in 2003. Other expense for 2003 was due to the
$13.
Provision for income taxes amounted to $5.9% of revenues, as compared to
$20.
For the fourth quarter ended December 31, 2004 the Company recorded a $1.
The operating loss for the 2004 fourth quarter was $6. The improvement of $2.0 million
in value of its Common Shares.

Chairman's Comments
Commenting on the financial statements, Stephen H. Operating
income from continuing operations declined from $4.5 million in 2004.V. Risks and
uncertainties that might affect the Company include, but are not limited to:
general economic conditions in the Company's markets worldwide, particularly
in Asia, including levels of consumer spending; exchange rates, particularly
between the US dollar and other currencies in which the Company makes
significant sales or in which the Company's assets and liabilities are
denominated; the Company's ability to continue to win acceptance of its
products and services, which are offered in highly competitive markets; the
payment at maturity of the unsecured subordinated promissory notes issued to
the Company by KSIN Holdings, Ltd.79)
Income (loss) from discontinued operations $(3.

It is also spoken in UK, UAE, Singapore, Kenya.

script vapaar

The increase in selling and administrative expenses as a percent of
revenues is due, in part, to the inclusion of Thailand's selling and
administrative expenses for the full year 2004 as Thailand's selling and
administrative expenses as a percentage of revenues are higher than the
average of the other Retail operating units .
For the year ended December 31, 2004 the Company recorded a $1.2 million
of operating income for 2003, while EBITDA from continuing operations was
$11.
Singer India has incurred substantial and growing losses over the last
several years. The royalty
expense is for the use of the SINGER (R) trademark by the Retail Operating
Companies in Asia and became effective July 31, 2003.2% for the three months ended December 31, 2003. The
decline in gross profit is primarily due to a significant decline in gross
profits in India due to the write-off of obsolete inventory and an adverse
sales mix.9 million goodwill impairment
charge, offset, in part, by a $1. The $0.3 million as compared to a loss of $2.5 million for the same period in 2003. Goodman, Singer's
Chairman, President and CEO remarked, "I am very pleased that the report of
the Company's independent accountants for the year ended December 31, 2004
does not include any qualifications; the audited financial statements for the
prior year and for each year since Singer's emergence from Chapter 11 in
September 2000 , had included a 'going-concern' qualification.2 million in 2003 to a loss
of $1. The balance of
Singer's continuing operations showed an improvement at operating income from
$5., Investing Systems announced
the first quarter market summary detailing strategies, software and services
for small cap investors.
"We searched high and low in the world of penny stocks and could not find
anyone better than Peter Leeds and his FundTech selection process," McKinley
said.

pakistan almost

0 million as full and final payment for all
obligations under the Omnibus Agreement Debt.6
million increase in EBITDA from continuing operations reflects the $16. These losses are primarily a result of the inability of the
operation through new initiatives to generate adequate sales volume, coupled
with the high turnover of personnel, increased competition and, during 2004, a
severe liquidity crunch reflecting the impact of prior losses.
has not guaranteed any debt or any other obligations of Singer India and has
no legal obligation to provide any financial support in any circumstance
although it may elect to do so in the context of a restructuring.1 million during the
twelve-month period ended December 31, 2004 as compared to $5.9 million loss recorded as a result of the sale of 43. This is equivalent to
basic and diluted loss per common share of $4.9
million goodwill impairment charge related to the Jamaican operation as a
result of the year-end goodwill impairment test. This was partially offset by the decrease
in equity income from operating affiliates and the decrease in operating
income .3 million
decrease in interest expense was primarily due to lower interest expense
relating to the Omnibus Agreement Debt which was paid in full during the 2004
fourth quarter.7 million during the
three-month period ended December 31, 2004 as compared to $1.3 million for the
same period in 2003., an operating affiliate in Sri Lanka. Under that program, during 2004
the Company repurchased 375,185 Common Shares and certain options for shares
in negotiated transactions at a total cost of $1. It is expected that
approximately 662,122 of the currently outstanding Common Shares will be
reclassified as Treasury Shares during 2005 when the liquidation of certain
former subsidiaries of Singer is completed and when certain additional
fractional distributions are returned to the Company . "but almost 80% of the
S+P600 Small Cap Index are up for the year and the small caps have
out -performed the mid and large cap stocks for the last 6 years in a row. manages a network of more than 100 websites focused
on the benefits of disciplined systematic investing.

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1 million of cash, $22.2 % of revenues, as compared to
$55. Higher selling and
administrative expenses, as a percentage of revenues, in the Philippines also
contributed to the increase.0 million and $0.
Also contributing to the decrease was the fact that Singer Thailand was
accounted for as an equity investment in the first ten months of 2003 while in
the 2004 full year Thailand is included in the Company's consolidated results.3 million of income for 2004 compared to $3. The $31.5
million, representing a gross profit of 31.4 million tax provision
for the same period in 2003.9 million in 2004.

Investing Systems: 'Low Priced Stocks Deliver High Powered Gains for the Small Investor'

AMELIA ISLAND, Fla. "Everyone needs to have a few of those in
their lifetime.

almost vapaar

Eastern time.0 million, with the proceeds going to reduce the outstanding
Omnibus Agreement Debt.

* In October 2003, the Company , on behalf of Singer Asia, acquired an
additional 4.
Some of our customers, however , were killed or seriously injured and a
larger number of our customers and potential customers lost their homes and
livelihood. $85.3 million gain in the estimated recovery on
receivables from a former subsidiary that is in liquidation, and a $1.9 million or 20.
Royalty expense was $0 .
The net loss available to common shares was $2.V. or overseas securities exchange, the NASDAQ National Market System,
the NASDAQ Small Cap Market, the OTC Bulletin Board or a similar trading
system.
Brokers should be able to continue trading Singer's Common Shares using the
"Pink Sheets " quotation service as long as the Company is current in
submitting to the Securities and Exchange Commission ("SEC") the materials
that it makes available to its shareholders or is required to file under its
own country jurisdiction. If the Common Shares cease to be traded,
shareholders seeking to sell or buy Shares will only be able to do so with
considerable difficulty and at prices that may not reflect the Shares'
theoretical inherent value. Even to the extent that quotations on the "Pink
Sheets" service continue, there is no assurance that there will be adequate
liquidity or that there will not be wide swings in prices and significant
differences between "bid" and "asked " prices, which will make trading
difficult and could cause prices for the Company's Shares to deviate
substantially from their theoretical inherent value."
Technically speaking, a "Penny Stock " is any stock that trades at less
than five dollars a share.

amar mentioned

1% of the outstanding shares of Singer Thailand to bring
its holdings in that company to 52.

* In July 2003, the Company sold Singer Guyana for a consideration of
$1.

* In January 2003, a subsidiary of the Company entered into an
agreement with the PBGC to purchase all 40 Preferred A Shares of the
Company with a $20.

The Company's personnel and operations were not significantly impacted by
the tsunami that swept through much of South East Asia the day after Christmas
2004 . Singer personnel throughout
the region have contributed and are continuing to contribute significantly in
the extraordinary recovery and rebuilding effort.8 million for
the same period in 2003.6
million gain on sale of land in Indonesia.8 million of additional royalty expense,
and the $1.9 million as
compared to $0. The
decline in operating income was due to the very substantial drop in operating
income in India of $6.5 million increase in operating income in Sri
Lanka.6 million gain on sale of land in Indonesia.5 million decline in income taxes is
primarily due to higher income taxes in Indonesia in the fourth quarter of
2003 which was related to the sale of land.
Singer N.
The Singer Retail business, the only operating business remaining
following the completion of the KSIN Transaction, consists primarily of the
distribution, through Company-owned retail stores and direct selling, of a
wide variety of consumer durable products in selected emerging markets in Asia
and Jamaica.
The Company does not anticipate that its Common Shares will be listed on
any U.78)
Loss available to common shares $(4.16) $(0.

gurus uae

No employees were killed or seriously injured; only six shops, located
in the Southern area of Sri Lanka, suffered any damage.2
million, representing a gross profit of 35.
The operating loss for 2004 was $1.5 million as compared to $4.5 million in the twelve-month
period ended December 31, 2004, as compared to a $3.4 million as
compared to a loss of $13.7
million decline in equity earnings from operating affiliates, the $1.
Dividends on the Preferred A Shares amounted to $nil for the twelve-month
period ended December 31, 2004 and $0. The 2003 dividend was cumulative and was accrued but
not paid.1 million of
this increase was due to the inclusion of Thailand's results in the Company's
consolidated results for the 2004 fourth quarter as compared to the inclusion
of Thailand's results for only approximately two months in the 2003 fourth
quarter.7 million and $1. Such purchases may also include, at management 's discretion, the
purchase of options previously issued by the Company.
As at December 31 , 2004, 5,984,375 Common Shares were outstanding. This
reflects the substantial repayment of debt over the period, the growth in cash
resulting from the KSIN sale and the reduction in the number of Common Shares
outstanding. was incorporated under the laws of the Netherlands Antilles on
December 21, 1999.V.
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2004 AND 2003
(in thousands of US dollars, except share and per share amounts)

Twelve Months ended
December 31, 2004 and 2003

Revenues $280,764 $178,411
Cost of revenues 181,578 118,906
Gross profit 99,186 59,505

Selling and administrative expenses 98,777 55,320
Impairment of Goodwill 1,914 -
Operating income (loss) (1,505) 4,185

Other income (expense)
Interest expense (7,934) (8,039)
Equity in earnings from operating affiliates 75 5,800
Royalty expense (2,608) (771)
Other, net 8,769 (7,679)
Total other income (expense) (1,698) (10,689)
Loss from continuing operations before
provision for income taxes and minority
interest (3,203) (6,504)

Provision for income taxes 5,505 3,736

Minority interest share in (income) loss 1,280 (3,213)
Loss from continuing operations (7,428) (13,453)

Discontinued operations
Income from operations of Sewing business
and trademark, before income taxes 13,956 35,324
Provision for income taxes of Sewing
business and trademark 1,148 1,528
Loss on sale of Sewing business and trademark,
net of tax benefit (36,611) -
Loss from operations of Mexico, net of
tax benefits - (19,638)
Income (loss) from discontinued operations (23,803) 14,158

Net income (loss) (31,231) 705

Dividends on preferred shares - 780
Net loss available to common shares $(31,231) $(75)

Earnings (loss) per common share - basic and diluted
Loss from continuing operations $(0.05) $(0.
"We really like the opportunities in the small cap stock market," said
William McKinley, President of Investing Systems .

It is generally classified by language experts into Punjabi (eastern) and Punjabi (western ).

guru amar

Interested investors can access a live audio webcast of the presentation
at tellabs.

Singer N.V. Announces Results for the Year Ended December 31 2004 and for the Fourth Quarter of 2004

These transactions were:

* During the last three months of 2004 the Company purchased 375,185 of
the Company's Common Shares in negotiated transactions.2% minority equity interest in the Company's
Asia Retail operations for $30. The decline in operating income
was due to the very substantial drop in operating income in India of $9. Singer India
is likely to continue to incur operating losses., an operating affiliate in Sri Lanka.8 million income from the discontinued operations
of the Sewing segment and trademark, net of tax provision, and the $36.1 million as compared to $62.
Selling and administrative expenses for the three months ended December
31, 2004 were $28.7 million and the $1.
Interest expense was $1. Also contributing to the lower
taxes was a decline in income taxes in Thailand in 2004 as compared to 2003.7 million of income from
the discontinued operations of the Sewing business and trademark, net of tax
expense, that was realized in the fourth quarter of 2003. As of December 31,
2003 the Preferred A Shares have been classified as Preferred Treasury Shares. That program was terminated in January 2005.
"With regard to the first measure , I believe Singer has made significant
improvements.54 per share on December 31, 2004. Although management believes that the Company's ultimate
intrinsic share value may be meaningfully in excess of the current market
price and may be meaningfully in excess of the price that the Company is
prepared to pay for shares repurchased under the program, we also recognize
that there are considerable uncertainties regarding the ultimate realization
of intrinsic value and that some shareholders may wish to sell all or a
portion of their shares. is
obligated to change its corporate name to a name not including the word
"Singer" on or prior to September 29, 2005.

ji kalaa

2004 Year Results
During the years ended December 31, 2004 and 2003, the Company entered
into several significant transactions intended to strengthen the Company,
improve liquidity and enhance shareholder value.'s operations , effective as
of that date.4 million, respectively.4 million increase in
miscellaneous other income and expense.6% of revenues for the three months ended December 31,
2003.1 million increase in EBITDA from continuing operations
reflects the $5.5 million is primarily due to
the improvement in other income and minority interest share in (income)
expense along with a decrease in the provision for income taxes. An additional
186,278 Common Shares and options for shares were purchased in 2005 at a total
cost of an additional $0."
In reviewing the results Mr. Goodman noted, "Where many changes are taking
place in a company, it is sometimes difficult for a shareholder or a potential
investor in that company to properly evaluate the company's financial results.
Singer in 2004 , and over the last several years, has probably been one such
company. Singer N.17) $(1.60

Basic and diluted weighted average common
shares outstanding 6,494,004 7,870,826

Many retail investors shy away from this market not
knowing that there are many high quality companies that fall into this
category.

ranks urdu

Tellabs (Nasdaq: TLAB) delivers technology that transforms the way the
world communicates(TM).

* In July 2003, the Company concluded the placement with a private
investment fund of a 43.0 million .
The Company's consolidated revenues for the fourth quarter 2004 include
$10.3%, as compared to $21. The increase in India was related
to higher provisions against receivables, one-time costs related to reductions
in headcount, along with a decline in revenues without a corresponding
decrease in fixed selling and administrative expenses.6 million for the three-month
periods ended December 31, 2004 and 2003, respectively. The other income for
2003 was primarily due to the $1.
Provision for income taxes amounted to $0.
The Company's net loss for the three months ended December 31 , 2004 was
$2. Effective September 2000, as a result of a successful
Chapter 11 reorganization , Singer became the parent company of several
Operating Companies formerly owned by The Singer Company N. From time to time, oral or written forward-looking statements may
also be included in other materials released to the public."
FundTech selection is a stock picking process made famous by Peter Leeds ,
a long time veteran and self-made millionaire in the small cap stock market.
"There is nothing like the feeling of having a stock that goes up by
hundreds of percent," McKinley said.

vapaar script

8 million .4% for the twelve months ended December 31, 2003.
Equity earnings from Operating Affiliates totaled $0.5 million for the same period in 2003.2 million including $12.2 million for the
fourth quarter 2003, an increase of $12. This increase also reflects strong retail sales performances in Sri
Lanka and Bangladesh, partially offset by weaker sales in India.2 million for
the same period in 2003.

The Board of Directors had previously, in October 2004, authorized the
Company to make repurchases of Common Shares. There can be no assurance that all of the funds
authorized for the repurchase program will actually be expended for share
repurchases or that any particular shareholder wishing to sell their shares
will be able to do so regardless of the amount expended for repurchases.

Statements made herein with respect to Singer's current plans, estimates,
strategies and beliefs and other statements that are not historical facts are
forward-looking statements about the future performance of the Company.


SINGER N. That is why we chose to go with Peter Leeds.com/peter_leeds/

Investing Systems Inc.

spoken vapaar

3%, as compared to $59. The increase in royalty
expense reflects that the royalty is payable for twelve months in the 2004
period and only for five months in the 2003 period and also reflects the
inclusion of Thailand's revenues in the royalty calculation for all of 2004
but only for approximately two months in 2003.7 million tax provision
for the same period in 2003.2
million of expense for 2003.
Equity earnings from Operating Affiliates totaled $0.6 million decrease was primarily due to lower
profitability at First Capital Ltd. The $0.
Management believes that the share repurchase program will be accretive to
continuing shareholders.V.
In some markets where it operates, Singer is recognized as a leading retailer
of products for the home.S.retailholdings.com.01)

Basic weighted average common shares
outstanding 7,506,167 7,933,576
Diluted weighted average common shares
outstanding 7,906,240 9,600,243


SINGER N.

amar ji

0 million of its Common Shares.
This transaction was completed in December 2003.4%. The increase in India was related to higher provisions against
receivables, one-time costs related to reductions in headcount, along with a
decline in revenues without a corresponding decrease in fixed selling and
administrative expenses, as a percentage of revenues.9 million
goodwill impairment charge, the $1.
The Company's net loss for the twelve months ended December 31, 2004 was
$31.9 million and 33. The decrease
in minority interest expense was primarily due to losses in Singer Asia,
caused by significant losses in India, which were shared by the minority
shareholders.
The Company's income from continuing operations for the three months ended
December 31, 2004 was $0. Net tangible asset value per share, which was negative on June
30, 2003, has improved to $11.
Peter Leeds is the author of several books on small cap stocks and is
often quoted in the financial media on stock market related matters.

portion ranks

, Krish Prabhu , Tellabs
president and chief executive officer, will speak to the investment community
at the Lehman Brothers Worldwide Wireless and Wireline Conference in
New York City on June 1 at 11:30 a . The company's comprehensive broadband
portfolio enables carriers in almost 100 countries to succeed in the new
competitive environment.4 million for the
twelve months of 2003, an increase of $102 .8 million
of this increase was due to the inclusion of Thailand's results in the
Company's consolidated results for the full year 2004 as compared to the
inclusion of Thailand's results for only approximately two months in 2003.
The Company's consolidated revenues for 2004 include $42.
Gross profit for the twelve months ended December 31, 2004 was $99.8 million increase in the provision for income taxes.2 million for the twelve
months ended December 31, 2004 as compared to the net loss available to common
shares of $0. Also contributing to the gross profit decline were lower gross
margins in Bangladesh and the Philippines.4 million of operating income for 2003, while EBITDA from
continuing operations was $5.7 million and $2.7 million is primarily due to the $22. You should not rely
on any obligation of the Company to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise."
Investing Systems has offered software for low priced stock traders since
1998 and has more than 20,000 customers in over 70 countries.

kalaa gurus

V. This is in
addition to Common Shares acquired by the Company and its subsidiaries
as a result of share distributions under the Company's 2000
Reorganization Plan, purchases of certain claims under that Plan, the
repayment of certain indebtedness secured by Common Shares (the
"Omnibus Agreement Debt"), and the liquidation of certain subsidiaries,
offset , in part, by options exercised.0%.6 million. The higher tax provision in 2004 relative to the
pre -tax loss, is primarily due to the write down of deferred tax assets in
India and the Philippines and the current losses incurred in India and the
Philippines, with no corresponding tax benefit.

Minority interest was $1.8 million for the twelve-month period
ended December 31, 2003.1 million for the same period in 2003. $7.
Miscellaneous other income was $7. This is
equivalent to basic and diluted loss per common share of $0.8 million, pursuant to agreements negotiated under
the program during 2004.
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDED DECEMBER 31, 2004 AND 2003
(in thousands of US dollars, except share and per share amounts)

Three Months ended
December 31, 2004 and 2003

Revenues $75,097 $62,157
Cost of revenues 51,567 40,903
Gross profit 23 ,530 21,254

Selling and administrative expenses 28,528 20,867
Impairment of Goodwill 1,914 -
Operating income (loss) (6,912) 387

Other income (expense)
Interest expense (1,728) (1,967)
Equity in earnings from operating affiliates 670 1,262
Royalty expense (678 ) (553)
Other, net 7,180 1,760
Total other income (expense) 5,444 502
Income (loss) from continuing operations before
provision for income taxes and minority interest (1,468) 889

Provision for income taxes 911 1,432

Minority interest share in (income) loss 2,717 (1,684)
Income (loss) from continuing operations 338 (2,227)

Discontinued operations
Income from operations of Sewing business and
trademark, before income taxes (914 ) 22,542
Provision for income taxes of Sewing business
and trademark - 451
Loss on sale of Sewing business and trademark ,
net of tax benefit (4,616) -
Loss from operations of Mexico, net of tax
benefits - 590
Income (loss) from discontinued operations (2,530) 22,681

Net income (loss) (2,192) 20,454

Dividends on preferred shares - -
Net loss available to common shares $(2 ,192) $20,454

Earnings (loss) per common share -
basic and diluted
Loss from continuing operations $(0.28)
Income (loss) from discontinued operations $(0."
To learn more about Peter Leeds and his services please visit:
http://www.

Gurmukhi Script is the gift of Sri Guru Amar Das Ji, the Third Sikh Guru.

guru kenya

Tellabs(R), Tellabs logo (R) and Technology that Transforms the Way the
World Communicates(TM) are trademarks of Tellabs or its affiliates in the
United States and/or other countries.

* In October 2004, the Company , on behalf of its Turkish subsidiary, paid
an additional $11.

* In September 2003 , the Company sold its equity interest in the parent
company of Singer Mexico and as a result exited the loss-making Retail
and finance business in Mexico.V.6
million loss on the sale of the Sewing business and trademark, net of tax
benefit, as compared to a net income of $0. As of December 31, 2003, the Preferred A Shares have been
classified as Preferred Treasury Shares.3
million for the fourth quarter 2003. The royalty expense
is for the use of the SINGER(R) trademark by the Retail Operating Companies in
Asia and became effective July 31, 2003.8 million for the
same period in 2003. The other income in 2004 was primarily due to the $6.2 million for the three
months ended December 31, 2004 as compared to the net income available to
common shares of $20. Purchases may be made in privately negotiated
transactions or in the open market from time to time at management 's
discretion.
"The renewed share repurchase program is intended to help provide
additional liquidity in the marketplace for those shareholders who may wish to
sell their shares. These statements
are based on management's assumptions and beliefs which are expressed in light
of the information available to management at the time.

The sites mentioned in this category are based on the Gurmukhi Script.

gurus urdu

Tellabs Presentation at Lehman Brothers Worldwide Wireless and Wireline Conference to Be Webcast Live

("Singer" or "the Company") (Symbol: SNGR) announced today its results
for the year ended December 31, 2004 and for the fourth quarter of 2004. This resulted in a gain
of $6.

Results of Operations
For the twelve months ended December 31, 2004, the Company reported
consolidated revenues of $280. Also contributing were higher gross profits in Pakistan and Sri Lanka;
partially offsetting this improvement were lower gross profits, as compared to
the prior period , in Bangladesh, the Philippines, and a significant decline in
gross profit in India due to the write -off of obsolete inventory and an
adverse sales mix.9 million
goodwill impairment charge related to the Jamaican operation as a result of
the year-end goodwill impairment test.9 million and $8.6
million compared to $0.0 million as full and final payment of the Omnibus Agreement Debt, as
well as gains on sale of property. The
improvement of $6. The increase in selling and administrative expenses as a percent of
revenues is primarily due to the significantly higher selling and
administrative expenses incurred in India.0 million for the three-month
periods ended December 31, 2004 and 2003 , respectively.7 million of income for the 2004 fourth quarter
compared to $1.0 million in 2003 to $9. "His long track record of success is the envy of most in his field.

almost 21st

0 million of sewing -related debt, subject to a post-closing price
adjustment.5
million and in the Philippines of $1.2 million offset, in part, by the
inclusion in 2004 of Thailand's operating income for the full year. Given that such support has so far not been forthcoming, Singer
India will be forced to seek legal protection against creditors.8 million for the twelve-month period
ended December 31, 2004 as compared to other expense of $7.7%. Also contributing to
the increase was higher selling and administrative expenses, as a percentage
of revenues, in the Philippines.7 million of expense for the same period in 2003.
Dividends on the Preferred A Shares amounted to $nil for the three month
periods ended December 31, 2004 and 2003, respectively.
The net loss at operating income in these two markets totaled $11.39) $2.

almost vapaar

An on-demand replay of the webcast will be available starting
24 hours after the presentation and will be archived for 14 days. Any other company or product names
mentioned herein may be trademarks of their respective companies. An additional provision of $0.
Miscellaneous other income was $8.5
million gain that was recorded when the Company , on behalf of a subsidiary,
paid $11.1 million is primarily due to the $16.
The net loss available to common shares was $31.
Gross profit for the three months ended December 31, 2004 was $23.9 million in the three-month
period ended December 31, 2004, as compared to a $1.5 million loss on discontinued operations, as
compared to a net income of $20.5 million for the same period in 2003 . As at
March 31, 2005, 5,661,970 Common Shares were outstanding and options to
purchase 624,264 Common Shares remained outstanding."

About Singer N.
"70% of the DOW stocks and 64 % of the NASDAQ100 are up for the year," said
William McKinley, President of Investing Systems.

It is most famous for having been used by Sikh Gurus for Gurbani.

ji sikh

http://www.com .0 million liquidation preference, for $3.
Selling and administrative expenses for the twelve months ended December
31, 2004 were $98. The $10.2% minority
equity interest in the Company's Asia Retail operations , effective, July 2003,
which was partially offset by the increase due to Singer Thailand being
included in the Company's consolidated results in 2004 rather than being
accounted for as an equity investment as in the first ten months of 2003.01, respectively.

2004 Fourth Quarter Results
For the fourth quarter ended December 31, 2004, the Company reported
consolidated revenues of $75.6 million , respectively.2 million for the three-month period
ended December 31, 2004 as compared to other income of $1. The
decrease of $22.
"I believe, that in the case of a company like Singer, two especially
important measures of financial performance are tangible net asset value per
share -- a balance sheet measure -- and operating income from continuing
operations -- an income statement measure, although all aspects of the balance
sheet and income statement and the disclosure in the financial notes and
Annual Report are relevant and should be evaluated by an investor. Retail sales activities in these markets are strengthened by the
offer of consumer credit services provided by the Company to its customers.V. Customers in more than 65
countries have used ISI products and services to become better, more
disciplined, investors.

urdu khabaraan

Board Authorizes Share Repurchases

CURACAO, Netherlands Antilles, Singer
N.
The increase also reflects strong retail sales performances in Sri Lanka and
Pakistan, partially offset by weaker sales in India and the Philippines . The
increase in finance charges is primarily due to the inclusion of Thailand's
finance charges for the 2004 full year along with increased finance charges in
Sri Lanka due to their strong retail sales and promotion of credit.
Interest expense was $7.
The Company's loss from continuing operations for 2004 was $7.9 million of finance charges on consumer credit sales compared to $7.3 million
and a gross profit of 34. The $4.2 million including a $2.34 and income per
common share of $2.60, respectively.
"With respect to the second measure, the result is more mixed. This decline is more than explained, however, by the
deterioration in performance of the operations in India and the Philippines. Price quotations for the Company's Common Shares became available on
the "Pink Sheets " quotation service under the symbol "SNGR" in March 2002. The Company disclaims any such obligation .88
Loss available to common shares $(0.34) $2.investing-systems.

Punjabi as spoken in a large portion of Pakistan and which sounds almost similar to listen to is based on Urdu script.

ji almost

Tellabs experts design, develop, deploy and support
wireless and wireline network solutions. Tellabs is part of the NASDAQ-100 Index.
("KSIN") of the Singer worldwide Sewing business and the ownership of
the SINGER(R) trademark for a total consideration of approximately
$134. The total consideration consisted of approximately
$65.5 million in unsecured subordinated
promissory notes and the pay-off or assumption by KSIN of approximately
$47.4 million of
finance charges on consumer credit sales compared to $17.0 million for the twelve-month
periods ended December 31, 2004 and 2003, respectively. The decrease in minority interest expense was
due to losses in Singer Asia, caused by significant losses in India, which
were shared by the minority shareholders, and to the sale of a 43.16 and $0.5 million, representing 37.7 million and $0.5
million gain that was recorded when the Company, on behalf of a subsidiary,
paid $11 .0 million as full and final payment for all obligations under the
Omnibus Agreement as well as gains on sale of property.
Minority interest was $2. This authorization may
be modified, extended or terminated by the Board of Directors at any time.7 million.8 million the prior year.
Additional financial and other information about the Company, including: a
copy of Singer's audited consolidated financial statements for the twelve
months ended December 31, 2004, 2003, 2002, and 2001 and for the three months
ended December 31, 2000, together with the Auditor's Reports thereon; the 2004
Annual Report dated April 2005, and the prior Disclosure Statements and
Reports dated April 2004, April 2003, May 2002 and September 2001; and copies
of all quarterly reports and press releases since the conclusion of the
Chapter 11 proceedings in September 2000, may be found at the investor section
of the Company's website at http://www. The Company cautions you that
no assurance can be given that expectations reflected in such forward looking
statements will prove to have been correct, that a number of important risks
and uncertainties could cause actual results to differ materially from those
discussed in the forward-looking statements, and, therefore, you should not
place undue reliance on such forward-looking statements. "When traders are looking to
get into stocks that can deliver hundreds, or even thousands of percent
return, they have to look at penny stocks.

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tellabs . During the first nine months of 2004 the Company, on
behalf of Singer Asia, purchased an additional 0.8 million as compared to $178.4 for 2003.
The improvement in gross profit is primarily due to the inclusion of
Thailand's gross profit for the full year 2004 as Thailand's gross profit is
higher than the average of the gross profits for the other Retail operating
units.3 million and 31. This was partially offset by the decrease in equity income
from operating affiliates, the decrease in operating income and the increase
in royalty expense. The survival of that company
will require a successful restructuring of its operations, which, in turn,
will require the support and assistance of Singer India's banks and other
stake holders. The $5. The ultimate outcome
in many cases is outside the Company's control.99) $(1.

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NAPERVILLE, Ill.com.

* In September 2004, Singer completed the sale to KSIN Holdings, Ltd.6 million.1%.V.1 million was taken in Sri Lanka,
and $0.1 million in Thailand at the end of 2004 to reflect the likely impact
of these losses on the Company's installment accounts receivable; no similar
provision was thought to be required elsewhere.8 million, representing 35. Also contributing to the
increase was significantly higher selling and administrative expenses incurred
in India.
Royalty expense for the twelve months ended December 31, 2004 was $2. Other income in 2004 was primarily due to the $6.2% of Singer Asia ,
which included $10.

Authorization of Share Repurchases
The Company also announced today that its Board of Directors has
authorized the repurchase by the Company of up to approximately $10.4 million in
2004 compared to a loss of $0.V.; continuing relationships with financial
institutions , suppliers and other creditors; and the outcome of contingencies.

Punjabi is spoken mainly in India and Pakistan and ranks 21st in the world in terms of number of people speaking it, about 80 million in all .

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m. The net effect was to reduce
the number of Common Shares outstanding from 8,059,077 as of December
31, 2002 to 7,870,825 as of December 31, 2003 and to 5,984,375 as of
December 31, 2004. This resulted in Singer
Thailand being consolidated in Singer N.9% of the outstanding
shares of Singer Thailand to bring its holdings in that company to
53.4 million or 57.4
million increase in other income (expense) and the increase in minority share
in (income) loss.7 million for the
same period in 2003.9 million of goodwill that was allocated to this reporting
segment, partially offset by a $4. This was partially offset by the $5.7 million for the same period in
2003.9 million additional loss from prior year was largely due to
the loss on the sale of the Sewing business and trademark, which primarily
reflects an impairment charge representing the difference between the book
value of the assets being sold - primarily goodwill associated with the
trademark - and the liabilities being transferred and consideration received,
net of selling costs. The increase in finance charges is
primarily due to the inclusion of Thailand's finance charges for the full 2004
fourth quarter along with increased finance charges in Sri Lanka due to their
strong retail sales and promotion of credit.4 million increase in other income (expense) and the increase
in minority share in (income) loss. The $0.
Forward-looking statements include but are not limited to those using words
such as believe, expect, anticipate, plans, strategy, prospects, forecast,
estimate , project, may or might, and words of similar meaning in connection
with a discussion of future operations , financial performance, financial
position, capital resources and strategy and plans and objectives of
management.

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