Exsorbet Industries announces investment banking and corporate development agreement with H.J. Meyers & Co. Inc.JACKSON, Miss.--(BUSINESS WIRE)--Aug. 7, 1996--Exsorbet Industries Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Small Cap: EXSO) today announced the signing of an agreement with H.J. Meyers & Co. Inc. to provide investment banking and corporate development services. H.J. Meyers is a full service investment banking and securities firm with 16 offices throughout 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. serving the major retail and corporate financial markets across the country. Since 1991, H.J. Meyers has successfully underwritten nearly $600 million in public offerings, specializing in medium sized fund raising from $5 million to $20 million per offering. H.J. Meyers is also actively involved in private placements, mergers and acquisitions, research, sales and trading of securities, and other investment banking activities. Cooperating with Everen Securities, also providing investment banking and acquisition services to Exsorbet, H.J. Meyers has agreed to provide business development services, assess capital raising alternatives, analyze Exsorbet's financial requirements, and assist in development of business plans to accomplish corporate goals. Dr. Ed Schrader Dr. Ed Schrader is President of Brenau University. He is the university's ninth president and has directed the Gainesville, GA school since January 2005. Brenau has experienced unprecedented growth in enrollment and academic quality under Dr. , Exsorbet's president and 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. , stated that "we are extremely pleased to have H.J. Meyers join our team. Their cooperative efforts with Everen Securities will congeal con·geal v. con·gealed, con·geal·ing, con·geals v.intr. 1. To solidify by or as if by freezing: "My aim . . . was to take the Hill by storm before . . . our strategies to maintain ready access to the financial reserves necessary for supporting our aggressive growth and development program. Exsorbet sees the H.J. Meyers effort as a component in the company's strategy to numerically increase its investor base and geographically broaden its shareholder distribution." Exsorbet Industries Inc. is a diversified environmental product and service company specializing in state of the art technical solutions for problems in site remediation, dewatering Dewatering (dē′wöd·ər·iŋ) is the removal of water from solid material or soil by wet classification, centrifugation, filtration, or similar solid-liquid separation processes. and pond solidification, 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 materials and service, bioremediation bi·o·re·me·di·a·tion n. The use of biological agents, such as bacteria or plants, to remove or neutralize contaminants, as in polluted soil or water. , environmental engineering and project management, and 24-hour emergency response service. Subsidiaries of Exsorbet Industries Inc. include Eco-Systems Inc., Exsorbet Technical/SpilTech Services Inc., Consolidated Environmental Services Inc., Cierra Inc., LARCO Environmental Services Inc. and K.R. Industrial Service of Alabama Inc. Offices are located in Dallas, Bridge City, Euless and Houston, Texas; Fort Smith and Little Rock, Ark.; Tulsa, Okla.; Kansas City, Mo.; Jackson, Miss.; Mobile, Birmingham, and Double Springs, Ala.; Baton Rouge and Sulphur (Lake Charles), La.; and Atlanta, Ga. CONTACT: Exsorbet Industries Inc. Dr. Ed Schrader, 601/974-1342 Charles E. Chunn Jr., 501/452-1987 Ed Penick Jr., 501/664-7745 |
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