GEVM - General Environmental Management, Inc. Awarded Four Contracts Totaling $6.1 Million
Monday February 12, 1:42 pm ET
EnviroConstruction Group Driving Growth
POMONA, CA--(MARKET WIRE)--Feb 12, 2007 -- General Environmental Management, Inc. ("GEM") (OTC BB:GEVM.OB - News), a leading environmental and waste remediation company, today announced over the past six months GEM has been awarded four contracts with a combined worth of $6.1 million as follows:
-- $3.1 million follow-up contract from Jacobs Engineering Group, Inc. in
Alaska,
-- $2.2 million award from public sector site remediation in Southern
California; and
-- $800,000 in contracts from two large national customers representing
the electronics industry.
"Our business continues to grow, largely due to our successful EnviroConstruction Group," stated Tim Koziol, chairman and CEO of GEM. "Our Jacobs Engineering award furthers our more than three-year relationship with the company. We believe we continue to be selected based on our customer service and quality work. Additionally, we have continued to win contracts in the Western region as well as build relationship with national customers."
Project services include on-site management, excavation, transportation and disposal of contaminated soils. GEM was supported through subcontractor relationships for transportation and disposal services. For Jacobs, GEM works as an on-site environmental restoration subcontractor and manages the transportation and disposal of contaminated materials on federal environmental clean-up projects.
Growth in EnviroConstruction services is directly related to GEM's commitment to this sector, as demonstrated by the company's dedicating additional project management and business development resources earlier this year.
About General Environmental Management, Inc.
General Environmental Management, Inc. (www.go-gem.com) is a full service hazardous waste management and environmental services firm providing integrated environmental solutions managed through its proprietary web-based enterprise software, GEMWare, including the following service offering: management and transportation of waste; design and management of on-site waste treatment systems; management of large remediation projects; response to environmental incidents and spills; and environmental, health and safety compliance. Headquartered in Pomona, California, GEM operates five field service locations and one Treatment, Storage and Disposal Facility (TSDF), servicing all markets in the Western U.S.
Safe Harbor Statement
Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of GEM. No forward-looking statement can be guaranteed. GEM undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect GEM's business.
Contact:
Company Contact:
General Environmental Management (GEM)
Tim Koziol
909-444-9500
Email Contact
Investor Contact:
Lippert / Heilshorn & Associates, Inc.
Moriah Shilton / Kirsten Chapman
415-433-3777
Email Contact
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Source: General Environmental Management
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