HOUSTON, Dec. 6 /PRNewswire-FirstCall/ -- Marmion Industries Corp (BULLETIN BOARD: MMIO) (M6IA.F) announced today that it has commenced work under its contract with Drymalla Construction, Ltd. of Columbus, Texas to perform all HVAC work in connection with the construction of the Thompson Elementary Replacement School located in Houston, Texas. Per its terms, Marmion would receive up to $895,180 for this project upon successful completion. This amount does not include change orders, if any, during the course of the contract which could increase the total value of such contract. We previously announced receipt of the letter of intent from Drymalla relating to this project on May 11, 2006. Construction is currently expected to be completed by the end of April 2007.
Marmion Industries Corp (http://www.marmionair.com/ ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heating Ventilation and Air Conditions and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele. Contact number 713-466-6585.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward- looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
