Citadel Environmental Group Inc. Announces Agreement With Browning-Ferris Industries.THOUSAND OAKS Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. , Calif.--(BUSINESS WIRE)--June 23, 1998--Citadel Environmental Group 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. : CTEV CTEV Congenital Talipes Equino Varus ) Tuesday announced the signing of an agreement between Alliance Medical Corp. ("Alliance") and Browning-Ferris Industries Browning-Ferris Industries, or "BFI", is a licensed trademark of Allied Waste Industries, a North America waste collection company. Many local units of Allied Waste are still known as BFI in the markets they serve. ("BFI BFI - brute force and ignorance ") that expands Alliance's capability to offer reprocessed medical instruments and devices to the medical services industry. "The contract with BFI is a major advantage because it will provide Alliance with the means of expanding sales and impacting the marketplace on a national level. Reprocessing Reprocessing may refer to:
The agreement calls for Alliance's decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. facilities to be constructed at or near BFI treatment/transfer locations. Thefirst such facility is currently under construction in Apopka, Fla. and is slated to commence operations July 1, 1998. A second facility is planned for Vernon, Calif. "As the nation's leader in medical waste services, BFI now can offer our hospital customers the full spectrum of recycling services," said Larry Merington, division vice president of Medical Waste. "The addition of reprocessed high-end products from hospitals compliments BFI's current recycling services for such materials as paper products and aluminum." Through cooperative marketing efforts, this agreement also will significantly enhance the distribution component of Alliance's Sharps reprocessing program. Citadel is a publicly traded holding company established to acquire controlling interests in progressively managed private businesses with opportunities of significant growth and market share. Alliance is based in Phoenix. Houston-based BFI (NYSE NYSE See: New York Stock Exchange : BFI) provides collection, recycling and disposal services of residential, commercial and medical waste. BFI is the industry leader in medical waste service with more than 25 processing facilities, 100 collection sites and more than 150,000 customers nationwide. Certain of the above statements may be forward-looking and involve risks and uncertainties in such instances, investors are cautioned that such statements are solely predictions and that actual result could differ materially as a result of various factors listed in the company's SEC documents.
CONTACT: Citadel Environmental Group Inc.
Louis F. Coppage, President
303/297-8686
|
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion