Streicher Mobile Fueling, Inc. Announces Completion of Reincorporation and Name Change to SMF Energy Corporation.FORT LAUDERDALE, Fla. -- STREICHER MOBILE FUELING, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . ("Streicher") (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 :FUEL), today announced that it has completed its reincorporation in the state of Delaware by merging with and into its wholly-owned Delaware subsidiary. As a result of the reincorporation, Streicher has changed its name to SMF (1) (Standard Messaging Format) An electronic mail format for Novell's MHS messaging system. The application puts the data into this format in order to send an e-mail message. ENERGY CORPORATION ("SMF"). The NASDAQ ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors , FUEL, will not change. The Board of Directors and the officers of Streicher will continue as the Board of Directors and officers of SMF. Pursuant to the merger, each outstanding share of Streicher's common stock was automatically converted into one share of SMF common stock. Streicher shareholders will not need to exchange their existing stock certificates for stock certificates of SMF. Richard Gathright, Chairman, Chief Executive Officer and President, commented, "We believe that operating in the new name of SMF Energy Corporation will have important long term benefits for our business. While identifying with our past, the new name reflects our future and the continuing growth and development of our Company into a diversified energy service provider and product distributor." Gathright continued, "We are also pleased to have completed our reincorporation as a Delaware corporation. We believe that the Company and its shareholders will benefit from the flexible corporate and legal environment provided by Delaware law." About SMF Energy Corporation (NASDAQ:FUEL) The Company provides commercial mobile and bulk fueling; the packaging, distribution and sale of lubricants and chemicals; integrated out-sourced fuel management; transportation logistics and emergency response services. The Company's fleet of custom specialized tank wagons, tractor-trailer transports, box trucks and customized flatbed vehicles delivers diesel fuel and gasoline to customers' locations on a regularly scheduled or as needed as needed prn. See prn order. basis, refueling vehicles and equipment, re-supplying fixed-site and temporary bulk storage tanks, and emergency power generation systems; and distributes a wide variety of specialized petroleum products, lubricants and chemicals to refineries, manufacturers and other industrial customers. The Company conducts operations from 28 locations serving metropolitan markets in Alabama, California, Florida, Georgia, Louisiana, Mississippi, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , Tennessee, and Texas. More information on the Company is available at www.mobilefueling.com. Forward Looking Statements This press release includes "forward-looking statements" within the meaning of 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. provision 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. For example, predictions or statements of belief or expectation concerning the future performance of the Company under its new name or the effect of becoming a Delaware corporation are "forward looking statements" which should not be relied upon. Such forward-looking statements are based on the current beliefs of the Company and its management based on information known to them at this time. Because these statements depend on various assumptions as to future events, including but not limited to those assumptions noted in the "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operation" section in the Company's Form 10-Q for the quarter ended September 30, 2006, they should not be relied on by shareholders or other persons in evaluating the Company. Although management believes that the assumptions reflected in such forward-looking statements are reasonable, actual results could differ materially from those projected. There are numerous risks and uncertainties which could cause actual results to differ from those anticipated by the Company, including but not limited to those cited in the "Risk Factors" section of the Company's Form 10-K for the year ended June 30, 2006. |
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