ORLANDO, Fla., March 24, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (Pink Sheets:FRDM) announced today that it will begin an aggressive effort to implement several operational and marketing strategies over the next 3 quarters.
According to Freedom's CEO, Michael Borish, "Freedom is ahead of sales projections for its commercial and residential contracting services division. The Company recently signed a service contract with the University of Central Florida to handle their 'lift station' maintenance. We want to be the service provider of choice for the entire Florida University system," said CEO Michael Borish.
Freedom also plans to expand its existing contracts with Medallion Petroleum, the largest BP America and Chevron jobber in Florida with over 1000 locations, Hampton Inns representing nearly 110 locations and Dunkin Donuts with over 650 locations.
The company has already begun roll-out of its patented "Grease Separator" product and anticipates a potential first tier market of more than 40,000 Florida restaurants. It is the Company's belief that it saves the average "full-service" restaurant thousands of dollars in both lost time and service calls by using the separator.
Additionally, Freedom will also begin a marketing "rollout" of its proprietary "Septi-Free" septic system additive, a biodegradable and environmentally safe formula. "Our goal is to provide these 'value-added' products to our expanding client base while maintaining our pristine ecosystem," Borish said. "The wastewater market is a billion dollar industry and we plan to leave a footprint there!" Borish also remarked.
The Company will begin capitalizing on new opportunities like development of a "green" waste-to-energy facility. Freedom recently put 26 acres near the Port of Canaveral in Brevard County under contract and will undertake a feasibility study to determine the viability of such a project.
A Company spokesperson noted that an environmentally friendly waste-to-energy facility delivers an excellent return on investment and the Company's proposed location has very little competition.
About Freedom Environmental Services:
Freedom Environmental Services is a "Green" wastewater management company with its headquarters in Orlando Florida. Freedom provides comprehensive, cost-effective and reliable waste management services. The Company's focus is the implementation of environmentally friendly wastewater treatment processes and systems, commercial disinfection systems and cleaning contracts.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. FRDM has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the FRDM's current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the FRDM's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. FRDM undertakes no obligation to update or advice in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.