ARAMARK Expands Contract with Council Rock School District to Manage Energy Program.PHILADELPHIA -- ARAMARK (NYSE NYSE See: New York Stock Exchange :RMK RMK Remark (Weather METAR) RMK Rocky Mountain King (Polaris Snowmobiles) RMK Remarks RMK Resource Manager Kernel ), a world leader in providing professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , announced today that ARAMARK Education - Facility Services has been awarded a 5-year contract to provide energy management services to the Council Rock School District in Newtown, Pennsylvania Newtown is the name of some places in the U.S. state of Pennsylvania:
ARAMARK developed a district-wide energy management plan for Council's Rock's 16 elementary, middle and high school buildings which total over 1.7 million square feet. The initial analysis projected more than $2.2 million gross savings to the District over the term of the contract. In the first four months of the program, savings have exceeded the initial target with nearly $400,000 attributable to energy consumption reductions and utility procurement initiatives. The total reduction in energy consumption is 23 percent to date. "We are pleased to expand our partnership with Council Rock School District," said Frank Mendicino, President, ARAMARK Education - Facility Services. "ARAMARK's goal is to demonstrably contribute to the quality and the efficiency of the Council Rock facilities operation. Every dollar saved in the utility budget has a direct, positive effect on the District's commitment to providing an exceptional educational experience for each of its students." "The numbers speak for themselves at a time when our budget is under pressure," said Robert Schoch, Director of Business Administration for Council Rock School District. "Without this program, the instructional program and facilities maintenance efforts would have been negatively impacted. The program is just starting and future conservation measures, including quick payback improvements, will result in far greater savings. The timing of these savings could not be better." ARAMARK has been providing custodial services to Council Rock School District since 1999. About ARAMARK Education ARAMARK Education provides a complete range of food, facility, uniform and other support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to more than 650 K-12 school districts in the U.S. It offers public and private education institutions a family of dining and facility services including: on-site and off-site breakfast and lunch meal programs, after-school snacks, catering, nutrition education, retail design and operations, maintenance, custodial, grounds, energy management, construction management, and building commissioning. For more information on ARAMARK's K-12 food service programs, please visit www.aramarkschools.com. About ARAMARK ARAMARK is a leader in professional services, providing award-winning food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and , facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. , and uniform and career apparel to health care institutions, universities and school districts, stadiums and arenas, and businesses around the world. In FORTUNE magazine's 2006 list of "America's Most Admired Companies A yearly publication by Fortune Magazine, America's Most Admired Companies consists of corporations that are highly esteemed by the likes of Business Executives, Directors, and Analysts. A survey is taken of close to 3300 professionals who give their opinions on the companies. ," ARAMARK was ranked number one in its industry, consistently ranking since 1998 as one of the top three most admired companies in its industry as evaluated by peers and industry analysts. The company was also ranked first in its industry in the 2006 FORTUNE 500 survey. Headquartered in Philadelphia, ARAMARK has approximately 240,000 employees serving clients in 20 countries. Learn more at the company's Web site, www.aramark.com. Forward-Looking Statements Forward-looking statements speak only as of the date made. We undertake no obligation to update any forward-looking statements, including prior forward-looking statements, to reflect the events or circumstances arising after the date as of which they were made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us. This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that reflect our current views as to future events and financial performance with respect to our operations. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as "aim," "anticipate," "are confident," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "look to" and other words and terms of similar meaning in conjunction with a discussion of future operating or financial performance. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Factors that might cause such a difference include: unfavorable economic conditions; ramifications ramifications npl → Auswirkungen pl of any future terrorist attacks or increased security alert levels; increased operating costs operating costs npl → gastos mpl operacionales , including labor-related and energy costs; shortages of qualified personnel or increases in labor costs; costs and possible effects of further unionization of our workforce; currency risks and other risks associated with international markets; risks associated with acquisitions, including acquisition integration issues and costs; our ability to integrate and derive the expected benefits from our recent acquisitions; competition; decline in attendance at client facilities; unpredictability of sales and expenses due to contract terms and terminations; the impact of natural disasters on our sales and operating results; the risk that clients may become insolvent; the contract intensive nature of our business, which may lead to client disputes; high leverage; claims relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the provision of food services; costs of compliance with governmental regulations and government investigations; liability associated with noncompliance noncompliance failure of the owner to follow instructions, particularly in administering medication as prescribed; a cause of a less than expected response to treatment. noncompliance with governmental regulations, including regulations pertaining to food services, the environment, the Federal school lunch program, Federal and state employment and wage and hour laws and import and export controls and customs laws; dram shop compliance and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; contract compliance and administration issues, inability to retain current clients and renew existing client contracts; determination by customers to reduce their outsourcing and use of preferred vendors; seasonality; and other risks that are set forth in the "Risk Factors," "Legal Proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. " and "Management Discussion and Analysis of Results of Operations and Financial Condition" sections of and elsewhere in ARAMARK's SEC filings, copies of which may be obtained by contacting ARAMARK's investor relations Investor relations The process by which the corporation communicates with its investors. department via its website www.aramark.com. |
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