Fleetclean Systems Signs Service Agreement With Liquid Transport Corp.Business/Technology Editors HARDIN, Texas--(BUSINESS WIRE)--April 13, 2000 Fleetclean Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: FLSY) announced today that it has signed a service agreement with Liquid Transport Corp, a nationwide provider of bulk transportation. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, Liquid Transport will operate from Fleetclean's Hahnville, Louisana tank cleaning facility, which will serve as Liquid Transport's dispatch point. In turn, Fleetclean will provide all of Liquid Transport's internal tank cleaning services for the units stationed at the Hahnville site over the next three years. In addition, Fleetclean will provide routine service and preventative maintenance for Liquid Transport's tractors and trailers and perform D.O.T.-mandated HM183 tank trailer tank trailer n. A truck trailer equipped as a tanker, used to carry liquids such as oil, milk, or chemicals. inspections. President and Chief Executive Officer of Fleetclean Systems, Inc., Kenneth Phillips, stated, "We are excited to enter into this agreement with Liquid Transport Corporation. We expect to service an average of 100 Liquid Transport tanks per month, which will result in revenues of approximately $1 million by the end of our three-year contract." About Liquid Transport Corp Liquid Transport Corp (LTC LTC abbr. lieutenant colonel ), an Etranco company, is a premier bulk carrier based A transmission system that generates a fixed frequency (carrier) to contain the data being transmitted. See carrier. in Greenfield, Indiana Greenfield is a city in Hancock County, Indiana, United States. The population was 14,600 at the 2000 census. The city is the county seat of Hancock CountyGR6. Greenfield was a stop along the Pittsburgh, Cincinnati, Chicago and St. . Liquid operates over 700 power units and 1,200 trailers. The company also has major intermodel, storage, rail transfer, Trackmobile, and dedicated operations. LTC is the parent company of Mississippi Transport, Inc. For additional information, visit www.liquidtransport.com. About Fleetclean Systems, Inc. Fleetclean Systems, Inc. manufactures and distributes high-quality pressure washing equipment and chemicals to trucking companies nationwide. The Company primarily targets large fleets and multiple terminal operations for service on a system-wide basis. Customers include A&R Transport, Dana Transport, and Bulkmatic Transport. Fleetclean Systems also operates an internal tank wash facility in Hahnville, Louisana and will acquire a facility in Markham, Illinois. Fleetclean plans to develop a nationwide network of internal tank cleaning facilities by building and/or acquiring existing facilities in the near future. Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion