Specialized Services Inc., Announces the Appointment of New President and CEO

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Thu Jul 31, 2008 1:20pm EDT

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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