Consolidated Eco-Systems Inc. Announces Alliance Agreement with El Paso Energy.LITTLE ROCK, Ark.--(BUSINESS WIRE)--Aug. 4, 1997--Consolidated Eco-Systems Inc. (Consolidated Eco), formerly Exsorbet Industries Inc. (Nasdaq Small Cap: EXSO), today announced that its consulting subsidiary, Eco-Systems Inc., had entered into a long-term Alliance Agreement with El Paso El Paso (ĕl pă`sō), city (1990 pop. 515,342), seat of El Paso co., extreme W Tex., on the Rio Grande opposite Juárez, Mex.; inc. 1873. Energy Corp. The contract, which runs through Dec. 31, 1999, calls for Eco-Systems to supply environmental consulting Environmental consulting is often a form of compliance consulting, in which the consultant ensures that the client maintains an appropriate measure of compliance with environmental regulations. services to El Paso and its affiliates. James J. Connors Jr., president and chief executive officer of Consolidated Eco, said, "This contract represents a major accomplishment for our company. El Paso has become best clients and this contract strengthens the relationship between our two companies." Vance A. Fairchild, vice president of consulting operations for Consolidated Eco said, "El Paso is recognized as one of the premiere gas pipeline companies in the country and we are proud to have been selected as an alliance contractor, and we look for to the continued opportunity to provide environmental and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services to this fine company." Consolidated Eco-Sytems Inc. (www.consolidatedeco.com) is a diversified environmental and industrial technology/service company providing remediation, recycling, engineering, management consulting and environmental consulting services. Consolidated Eco performs project work in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. . This press release contains forward-looking statements with respect to the results of operations and business of the company that involves risk and uncertainties. These risks and uncertainties are detailed from time to time in the company's filing with the Securities and Exchange Commission, including the company's Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 1996. CONTACT: Consolidated Eco-Systems Inc. James J. Connors Jr., 334/621-9989 or Ed Penick Jr., 501/664-7745 |
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