Bio-Clean International, Inc. (Pink Sheets: BCLE) (www.biocleaninternational.com) announced today the formation of American Construction Services, Inc. Bio-Clean International, Inc. will own a 49% minority interest in the new corporation, with John P. Finn, President of Bio-Clean International, Inc. and the newly-named President of American Construction Services, Inc., owning the remaining capital stock of American Construction Services, Inc.
James E. Shipley, President of Bio-Clean International, Inc., stated, “We expect that American Construction Services, Inc. will be granted certification as a Service-Disabled Veteran-Owned Small Business (SDVOSB) shortly. We also expect to obtain licensing as a contractor in the near future. Because of the planned status of American Construction Services, Inc. as a SDVOSB certified business, we believe that American Construction Services, Inc. will be in a good position to bid on and be issued contracts on numerous government projects, including those involving environmental clean-up and bio-hazard remediation through the use of our own environmentally-safe cleaning fluids and those of our Teaming Partners.”
Mr. Shipley went on to say, “John Finn brings his years of experience in the construction business with one of the nation’s largest home builders to the table. His knowledge of the industry will be of great benefit in ensuring the success of this new endeavor.”
About Bio-Clean International, Inc.
Bio-Clean International, Inc. recognizes the problems facing our environment. Our exclusive, non-toxic, bio-remediation fluids provide an environmentally-safe solution. Our exclusive products and machines have been tested and shown to be in complete compliance with environment regulations, in other words, “Cleantech”.
Our majority-owned subsidiary, American Bio-Tech Cleaning, Inc. (ABT), designs and manufactures customized parts and weapons washing/cleaning systems that are eco-friendly, using a water-based cleaning fluid integrated with a self-contained bio-remediation process. Our cleaning fluids can be used in a wide variety of situations requiring a safe, non-toxic waste remediation medium. We also own a minority interest in American Bio-Clean Corporation (ABC) which markets and distributes our cleaning fluids as well as out parts/weapons cleaning machines. ABC is a Service-Disabled Veteran-Owned Small Business (SDVOSB) that is certified and meets the Federal-mandated 3% minority spending requirements. Similar mandated spending requirements adopted by most states vary from 3% to 20%. Additionally, many private sector companies have targeted goals for suppliers.
We also maintain a minority interest in Veterans Training Corporation, (VTC), which is also a SDVOSB business based in Southern California and provides a wide range of training programs for a variety of clients including the U.S. Department of Defense. In addition, VTC provides training programs for the private sector such as its OSHA safety-training programs for the construction industry.
For more information about Bio-Clean International, Inc. please visit our website, http://www.biocleaninternational.com.
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Pink Sheets. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Contacts:
Bio-Clean International, Inc.
Tammy D. Dunn, COO
Tel: (714)
373-1990
Fax: (714) 373-1991
ir@Biocleaninternational.com
