ZENX signed a new 11.1M contract! Good News!
Press Release Source: Zenex International, Inc.
Zenex International Subsidiary Awarded Largest Commercial Roofing Contract in Company History
Tuesday March 28, 8:30 am ET
OKLAHOMA CITY--(BUSINESS WIRE)--March 28, 2006--Zenex International, (OTCBB:ZENX - News) a leading provider of commercial roofing, repair and maintenance work, as well as disaster recovery services today announced that its subsidiary, Aduddell Roofing, has been awarded a contract as part of the Architect Southern Division, Naval Facilities Engineering Command project known as "Repairs to various buildings, NCBC Gulfport Mississippi." The contract is for a one year period and has a total contract value of $11.1 million.
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The contract is a fixed price contract in which payment is made in phases, or per building. Signed on March 23, 2006, the total project is expected to be completed by March 2007.
"We are honored to have been awarded this contract for work at the Seabees Naval Facility," said Zenex President and CEO Ron Carte. "It's a privilege to do work for our armed forces and this is an example of how our commitment to quality, safety and execution has allowed Aduddell Roofing to compete for, and win these high profile contracts. This contract is the largest single commercial roofing contract in company history. In fact, in this first quarter alone, we have been awarded over $16 million in contracts for our core roofing business. We are looking forward with much anticipation and excitement to the rest of 2006."
About Zenex International
Zenex International, Inc. is the holding company of Aduddell Roofing, www.aduddell.com, one of the leaders in the commercial roofing industry nationwide. Through Aduddell Roofing and other subsidiaries, Zenex International offers Fortune 500 companies and large governmental agencies a broad range of roofing services, including re-roofing, restoration and repair, new roof construction, sheet metal fabrication, and waterproofing. In addition to work on large projects and high security roofing matters, the company has a nationally recognized track record for handling disaster recovery and emergency projects efficiently and cost effectively. More information about Zenex International can be found at www.zenex.net
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:-- This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
Cameron Associates
John McNamara, 212-554-5485
john@cameronassoc.com
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Source: Zenex International, Inc.
