Subsidiary Receives $390,000 Contract for Asbestos Removal
Crystal Springs, FL (GLOBE NEWSWIRE) - CES Synergies, Inc. (OTC:CESX) announces that its subsidiary, Cross Environmental Services, Inc. (CES), has been awarded a contract to perform hazardous material removal at a municipal power plant located at the City of Vero Beach. The contract duration is anticipated to be ten weeks and is currently valued in excess of $390,000.00. Work is expected to commence immediately.
The project requires CES to provide asbestos abatement services throughout specific areas of the power plant. The 55-year old plant is rarely used at present and the City of Vero Beach has previously stated the remediation will eventually allow for yet-to-be-determined redevelopment of the riverfront area.
“We are always excited to undertake work that allows improved development that not only benefits the municipality but its residents as well,” stated Mr. John Tostanoski, CEO of CES Synergies. “We look to complete our work in roughly two months, allowing for the area’s future development in a safer, cleaner environment.”
About CES Synergies: CES Synergies, Inc., through its subsidiary, Cross Environmental Services, Inc. is a specialty environmental services company providing quality environmental contracting solutions, demolition and remediation services to commercial and industrial customers, as well as federal, state and municipal entities. More information may be found at the Company’s website: www.crossenv.com
This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forward-looking statements. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form SEC filings.
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