National Energy Services to Participate in Hilton Hotel 'Green Day Event' Company's Ozone Laundry System to be Showcased
EGG HARBOR TOWNSHIP, N.J., Jan 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- John Grillo, President of National Energy Services Company, Inc. (OTC Bulletin Board: NEGS), today announced that National Energy has been invited to participate in a "Green Day Event," hosted by The Hilton Chicago. This event is open to all hotels within the Chicago area, in addition to over 3,000 Hilton properties. The "Green Day Event" trade show and exhibits will take place on February 1, from 9:00am to 4:00pm, in the Chicago Hilton's Northeast and Northwest Exhibit Halls.
National Energy will be showcasing its proprietary Ozone Laundry System. The Ozone Laundry System decreases laundry operating expenses by more than half by conserving energy. At the same time the System reduces the environmental impact of laundering.
In October 2007, National Energy announced positive tests results of its Ozone Laundry System at the 821 room Hilton Hotel in Downtown Minneapolis.
"The results of our test at the Downtown Minneapolis Hilton proved the Ozone Laundry System reduced laundering costs by more than 50%, because it decreased the use of hot water and chemicals during the washing process," said John Grillo, President of National Energy. "Importantly, our system achieves these saving while at the same time maintaining or improving the quality of the linens being washed."
"We are very excited about the opportunity to participate as a vendor at the Hilton Green Day Event," Grillo added. "With our proven technology, we are able to assist hotel operators reduce their carbon footprints. In Minneapolis, the test results showed that our Ozone Laundry System has the potential to reduce the Hotel's carbon footprint by 209,000 lbs annually."
The Downtown Minneapolis Hilton, which washes approximately 3.5 million pounds of linens each year, has agreed to allow potential customers to see the Ozone Laundry System at work. Hotels interested in the step by step process of installing an Ozone Laundry System can learn more at the National Energy Services website at http://nescorporation.com/ozoneHospitality.html.
National Energy Services is a member of the "Green" Hotels Association (GHA) and the U.S Green Building Council, organizations that provide builders and managers with responsible energy conservation techniques. The Company assists the hospitality, long term care, and commercial and industrial facilities reduce energy costs through customized, cost-effective energy reduction and environmentally friendly products and management services. The hospitality industry represents a market of approximately 60,000 hotels and motels nationwide, 30,000 of which are the size to benefit from the Ozone Laundry System.
About National Energy Services Company, Inc.
National Energy Services Company is engaged in the business of providing state-of-the-art, comprehensive and cost-driven energy products and management aimed at lowering energy consumption and helping its customers buy energy more efficiently. Our services are designed to bring our customer minimal or no out of pocket cost. Our services include the Ozone Laundry System (OLS), Lighting Upgrades, Mechanical Systems (HVAC), Water/Sewer Conservation Methods and Energy Management. These aggregated energy management services are primarily marketed to commercial, industrial, hospitality and long term care facilities.
This release may contain projections or other forward-looking statements regarding future events or the future financial performance of National Energy Services Company. These statements are only predictions and reflect the current beliefs and expectations of National Energy Services Company. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation, (i) National Energy Services Company's unproven business model and limited operating history, (ii) National Energy Services Company's history of losses, (iii) the significant fluctuation to which National Energy Services Company's quarterly revenues and operating results are subject, (iv) other factors detailed in documents National Energy Services Company files from time to time with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
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