Charys Holding Company's C& B Subsidiary signs new contracts, Expanding Emergency Response Clientele.Client Base Increases Significantly as Acquisition of Cotton Companies Nears ATLANTA -- Charys Holding Company, Inc. ("Charys") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CHYS), a leader in the Integrated Infrastructure and Technology Services sector, announced today that its subsidiary Crochet & Borel Services, Inc. ("C&B"), a leading national provider of recovery, restoration, and rebuilding services, has entered into Advance Emergency Response Agreements with three new clients for the expeditious ex·pe·di·tious adj. Acting or done with speed and efficiency. See Synonyms at fast1. ex response and mitigation of future property loss. C&B's agreement with the Louisiana Housing Council, a chapter of the National Association of Housing and Redevelopment Officials, covers over 100 cities in Louisiana including apartment complexes and public housing. C&B will be positioned as an integral part of the Louisiana Housing Council's mission to " C*improve standards in all phases of housing and community development." C&B also announced entering into a new contract with Prologis Properties in Houston, TX. for its multi-location emergency response solution. The agreement covers over 10,000,000 square feet in 96 buildings and provides for immediate restoration response to customers of Prologis property management services. A new Advance Emergency Response Agreement has also been signed with Capital One, formerly Hibernia Banks, one of the largest banking facilities in the Gulf South. With coverage of 3,000,000 square feet in more than 400 buildings C&B will provide its emergency response solution in support of Capital One's commitment to superior customer service. "Our customers are our foundation. Nothing is more important to us than meeting their needs. These new agreements are a testament to the quality, commitment and responsiveness we demonstrate to all of our clients. In times of crisis, when they need us most, we are there for them, and they can always expect the very best from us," stated Troy Crochet, president of C&B. Billy Ray Jr., 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. of Charys, added: "I believe that C&B's proven capacity to bring the necessary amounts of equipment, resources and manpower to bear in a disaster situation are the major factors in the expansion of their client base. And by utilizing the entire Charys business platform we can provide a complete solution for all of our clients which allows for nearly any eventuality." The closing of the previously announced acquisition of Cotton Companies (Cotton) has been extended to November 15th in order to complete the syndication documentation. C&B and Cotton remain poised to introduce the combined new "Cotton" brand upon closing. Cotton will become the international branding and operating entity and will be one of the largest companies of its kind in the world. About Crochet & Borel Services, Inc. ("C&B") C&B is a leading national provider of recovery, restoration, and rebuilding services. Founded in 1994, C&B has grown into one of the largest restoration companies in Southeast Texas Southeast Texas is a subregion of East Texas located in the southeast corner of the U.S. state of Texas. The subregion is geographically centered around the Houston–Sugar Land–Baytown and Beaumont–Port Arthur metropolitan areas. with offices in Houston and Port Neches Port Neches (nĕch`ĭz), city (1990 pop. 12,974), Jefferson co., SE Tex., on the Neches River; inc. 1927. It is an oil-shipping port on the deepwater Sabine-Neches Canal. . The company has played a leading role in providing restoration and recovery services in Hurricanes Rita, Wilma and Katrina. The company also provides emergency planning, coordination, and response to catastrophic losses. About Charys Holding Company, Inc. Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : CHYS) 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. focusing on the Integrated Infrastructure Services Market. This market segment is fundamentally focused on 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 and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principal strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI CCI Chambre de Commerce et d'Industrie (France) CCI CAM (Complementary and Alternative Medicine) Citation Index CCI Chamber of Commerce and Industry (Western Australia) Telecom, Inc., Aeon Technologies, Inc., Digital Communication Services, Inc., Ayin a·yin n. The 16th letter of the Hebrew alphabet. See Table at alphabet. [Hebrew 'ayin, eye, ayin; see Holding Company, Inc., Crochet & Borel Services, Inc., Complete Tower Sources, Inc., and Mitchell Site Acq. Inc. For more information about Charys visit http://www.charys.com. About Corporate Evolutions, Inc. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Corporate Evolutions, Inc. is the ultimate concierge service in the financial industry. Corporate Evolutions, Inc. specialize in providing a multi-faceted suite of services custom designed to each of our client's needs in order to increase market awareness and facilitate corporate growth. Specializing in corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , Corporate Evolutions, Inc. works in close partnership with our clients to achieve maximum presence in the Wall Street community by leveraging our existing relationships with our broad based network of broker-dealers, fund managers, and Investment funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company . For more information visit: http://www.corporateevolutions.com/chys.php and http://www.corporateevolutions.com/ NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners. Some statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are forward-looking statements. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc. and its subsidiaries and its and their operations and financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights 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. ; risks in technology development and commercialization. |
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