Charys Holding's Cotton Companies Deployed to North Texas Area Devastated by Flooding.ATLANTA -- Charys Holding Company, Inc. ("Charys") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CHYS) announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Cotton Companies (collectively, "Cotton"), a disaster recovery group of companies specializing in fire and water restoration services, has deployed resources to Gainesville Texas and surrounding areas impacted by flooding from torrential rainfall. An immediate response effort is underway as part of Cotton's Preferred Client Program with additional resources staging to provide support throughout the devastated dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. region. In the early morning hours of June 18th torrential rains poured more than 8 inches of water into the Gainesville and Sherman areas. The National Weather Service said rain fell at a rate of an inch every 15 minutes in some places early Monday and also issued a flash flood warning A Flash Flood Warning is issued when a flash flood is imminent or occurring in the warned area. A flash flood is a sudden, violent flood after a heavy rain. Rainfall intensity and duration, topography, soil conditions, and ground cover contribute to flash flooding. for seven counties. Later that afternoon Cotton dispatched crews from Dallas to immediately begin damage assessment and restoration services. Cotton's Preferred Client Program and traditional recovery services include immediate storm response, clean up and removal of debris, water mitigation, drying, dehumidification, and preparing affected areas for the next stage of restoration and rebuilding. Cotton's specially trained employees provide onsite "first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency " services to respond to fire, water and weather-related emergencies, to both commercial and residential clients. Pete Bell, President of Cotton, commented, "Quick response to water damage is essential for recovery. Every hour that water stands within a property it lessens the chance for proper structural restoration. Cotton, with one of the largest inventories of state-of-the-art drying and dehumidification equipment in the nation, fulfills all of the needs required. From monitoring air quality and anti-microbial application to inhibit mold growth, through the document and electronic recovery process, Cotton's first priority is putting people back to work and back in their homes." Billy Ray, Charys CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , added, "The Cotton team is doing what it does best; moving quickly and decisively. Our first response ability is one of the finest, anticipating where we need to be and deploying the right resources to where they are most needed. Cotton meets the essential needs in these critical situations." This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements are based upon Charys' current expectations and speak only as of the date hereof. Actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including uncertainties as to the nature of the industry, including changing customer demand, the impact of competitive products and pricing, dependence on existing management and general economic conditions. Charys' Annual Report on Form 10-KSB, recent and forthcoming Quarterly Reports on Form 10-QSB, recent Current Reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. and other SEC filings discuss some of the important risk factors that may affect Charys' business, results of operations and financial condition. Management undertakes no obligation to revise or update publicly any forward-looking statements for any reason. About Cotton Companies Cotton is a disaster recovery group of companies specializing in fire and water restoration services ranging from initial project assessment and planning, through catastrophe management reconstruction, restoration and environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a . For more information, visit www.cottoncompanies.com About Charys Holding Company, Inc. Headquartered in Atlanta, Georgia, Charys is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. providing infrastructure services in two primary markets. In the restoration and reconstruction markets, Charys services include emergency planning and coordination, response to catastrophic losses, reconstruction and restoration and environmental restoration. In the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. and data infrastructure markets, Charys provides an array of services including engineering, program management, construction, installation and maintenance, tower services, radio and advanced technology implementation and integration services to large service providers and other business enterprises. For more information, visit www.charys.com |
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