Freedom Environmental Services (FRDM.PK) Announces Infrastructure Plan With The University of Central Florida
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ORLANDO, FL, Nov 02 (MARKET WIRE) --
Freedom Environmental Services (PINKSHEETS: FRDM) was chosen to service
and repair each lift station on The University of Central Florida campus.
UCF, the largest college in the State of Florida and 6th largest in the
nation, is dependent upon each of its 10 lift stations to run effectively
24 hours per day in order to withstand the growing population on its
campus. According to UCF's own General Infrastructure Element Data and
Analysis report, by 2010 the projected water demand based on student
population will be 816,000 gallons per day. Due to such a high demand,
each lift station will need its respective 2 pumps per station tested,
pulled and analyzed to ensure efficiency and functionality. During this
annual procedure, pumps may need to be upgraded, repaired or replaced.
The cost of merely maintaining these lift stations will approach $500,000
over a 5 year period. Freedom Environmental Services will be responsible
to perform any and all actions necessary to ensure UCF is up to code by
the Florida Department of Environmental Protection. Our management
believes, but cannot guarantee, that this agreement will be the catalyst
to start Freedom Environmental Services establishing future partnerships
within the public and private education system.
This release may contain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Statements contained
in this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that forward-looking
statements are inherently uncertain. Actual performance and results may
differ materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to obtain
financing and regulatory and shareholder approvals for anticipated
actions.
Contact:
Mike Borish
CEO
407-658-6100
Copyright 2009, Market Wire, All rights reserved.
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