Consolidated Eco-Systems Inc. Enters Agreement with Morgan Keegan & Company.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 it has entered into an agreement with Morgan Keegan & Company Inc. Under the agreement, Morgan Keegan will act on behalf of Consolidated Eco's employees in acquiring the company's stock under Consolidated Eco's Employee Assisted Market Purchase Plan. James J. Connors Jr., president and chief executive officer of Consolidated Eco, said, "We are very pleased with the relationship that we are developing with Morgan Keegan, which has an expertise in following emerging companies like ours. We believe that the opportunities offered by this relationship will benefit the company, its employees, and present and future shareholders." Consolidated Eco-Sytems Inc. (www.consolidatedeco.com) is a diversified environmental and industrial/technology service company providing state-of-the-art technical solutions for problems in site remediation, coal and petroleum tar liquefication and recycling, hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. cleanup services, civil and environmental engineering, management and 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. , and construction/remediation project management. 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 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. 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, 501/664-7745 |
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