BOSTON, Aug. 25, 2010 (GLOBE NEWSWIRE) -- Basement Technologies, Inc. (www.basementtechnologies.com), a leader in products, systems and services for the basement waterproofing industry, today announced Terminix Services Inc. has signed an exclusive Licensed Dealer agreement to join the Company's fast-growing National Basement Waterproofing Network.
Terminix Services, Inc. (www.bigbugs.com), headquartered in Danville, Illinois, is a 64-year old, third generation, family-owned major franchise specializing in all aspects of pest and termite control services. Starting with one employee in 1946, the company now employs a total of 43 associates, technicians and support staff and continues to maintain a close-knit family atmosphere and personal dedication to customer satisfaction that consistently results in long-term relationships.
The new Illini Basement Technologies Division, operating under the direction of Tom Haws, will complement existing Terminix services – for pest, termite and insect control – and will offer Basement Technologies' full-service basement waterproofing for all of East Central Illinois (in University of Illinois territory) from its offices in both Danville and Champaign, Illinois as well as additional service regions that include nine Illinois cities and nearby Covington, Indiana.
Many pest and termite issues are due to water problems and, prior to this alliance, Terminix referred waterproofing and water remediation to outside contractors. Now the company will directly participate in today's burgeoning $7 billion annual waterproofing market.
"We are joining forces with basement technologies because they have the best overall range of products and services for basement waterproofing and crawlspace encapsulation," states Terminix Services owner and president, Bill Fulton. "It is a natural fit for us in the sense of taking away moisture from a home and eliminating pests associated with that moisture. We look at the health of the entire home and not just kill bugs."
"By taking a whole house approach, and eliminating a homeowner's combined pest and moisture problems, we can take care of both short-term and long-term problems," he adds. "Now customers can receive the 'ultimate protection' they need from one source."
Today, Basement Technologies is the largest basement waterproofing company in New England and commands the fastest growing Basement Waterproofing Dealer Network in the world. It selectively awards exclusive territories to highly qualified contractors throughout the U.S., Canada and Europe, and currently has over 100 exclusive Licensed Dealers Worldwide.
"Each Basement Technology Dealer receives full ongoing support, including extensive education at our International Training Center in Boston, state-of-the-art marketing and exclusive access to all of our proprietary products and services," notes Dealer Development Manager, Diana Cleary. "On average, our dealers make over 70 percent gross profits... with as high as 40 percent net on jobs that often only take one day."
Basement Technologies is renowned for revolutionizing the industry, as well. "The products currently used by our dealers have been carefully developed, tested and perfected through the years," notes James Pratt, CEO and Founder of Basement Technologies. "Over the last 26 years, we have conceived, developed, trademarked and patented our innovative ideas and technologies... and today, the application of our patented products is steadily changing the way homes are waterproofed."
"We are proud to welcome Terminix Services and Illini Basement Technologies," he adds, "as the 107th Licensed Dealer in our National Basement Waterproofing Network."
About Basement Technologies Inc.
Formed in 1984 by founder and CEO, James Pratt, Basement Technologies is today recognized as the leader in developing and offering some of the most creative and efficient products, services and systems for the waterproofing industry. This includes 10 Federal patents, with another seven pending, and 26 registered trademarks. From its world headquarters in Boston, Massachusetts – staffed by over 300 employees – the company currently operates a rapidly growing International Dealer Network with more than 100 exclusive Licensed Dealers operating throughout the United States, Canada and Europe. Over the last 26 years, Basement Technologies has installed proprietary products and systems in more than 325,000 homes in Massachusetts alone and over one million homes nationwide. For more information visit www.basementtechnologies.com or call 1-877-627-2957.
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