Specialized Services Inc., Announces the Appointment of New President and CEO
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SOUTHFIELD, Mich.--(Business Wire)-- Specialized Services, Inc., (Pink Sheets: SPSI): Mr. David E. Joseph, Chairman, President & CEO of Specialized Services, Inc., (Pink Sheets: SPSI), the surging Michigan-based fuel-services distribution corporation, today announced the appointment of Christopher B. Aldridge as the new President & CEO of the company. "Mr. Aldridge has served as Chief Operating Officer for the past year and is ready to assume leadership of the company," says Mr. Joseph. "This change in management will allow me to focus on increasing shareholder value while Mr. Aldridge Continues the expansion of the company in the fuel industry and expedites the launch of the 'Novel' network. I will continue as Chairman of the Board and Mr. Aldridge will report to me." "I am grateful for this opportunity and challenge to move the company to the next level," says Mr. Aldridge. We have an aggressive business plan in the launch of the 'Novel' network and the management team is excited about the future of the company." Mr. Aldridge earned a Bachelor of Economics degree from Harvard University and a Jurist Doctorate from Wayne State University. Forward-looking statements Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as "Forward-Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including "anticipate," "await," envision," "foresee," "aim at," "plans," "believe," "intends," "estimates" "expects" and "projects" including without limitation, those relating to the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. www.sec.gov. Specialized Services, Inc., Southfield Chris Aldridge, 248-557-1030 Copyright Business Wire 2008
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