SOURCE: Strategic Environmental & Energy Resources, Inc.

April 24, 2008 07:00 ET

Strategic Environmental & Energy Resources Opens New Operations Facility in Texas to Service Growing Area Demand for Environmental Services

COMMERCE CITY, CO--(Marketwire - April 24, 2008) - Strategic Environmental & Energy Resources, Inc. (SEER) (PINKSHEETS: SENR), a leading provider of technology-based industrial services in the environmental, energy and rail transportation sectors, today announced that the Company's REGS, LLC subsidiary (d/b/a Resource Environmental Group Services) has opened an operations facility in Port Lavaca, Texas, to service growing demand in the area for environmental services.

J John Combs III, president of SEER, said launch of the new Texas facility is the culmination of three years of due diligence in a market many times the size of the Denver/Rocky Mountain region where REGS has been primarily focused. The new Texas personnel specialize in hydro-blasting and hydro-cutting -- service offerings that complement REGS' traditional tank cleaning, dewatering/centrifuging, and transportation services and that will enable REGS to offer to its new and existing customers a more complete and efficient service package. Combs added that the new Texas operation underscores SEER's commitment to expanding its subsidiaries' site services into new, fast growing and profitable regions.

"The Texas region has a high concentration of large refineries, as well as chemical, oil services, plastics and manufacturing companies with significant and ongoing needs for a variety of the environmental solutions we provide," Combs said. "With current service providers struggling to keep pace with demand, we made the decision to establish a full-service operations facility staffed with highly trained industry veterans using the best equipment available. With strong management and technical personnel, we have already won profitable contracts and are building a backlog of new business in the area. We expect our new operation to be cash flow positive and contribute significantly to revenue and earnings in 2008 and beyond."

The new REGS facility is managed by industry veterans Bill Holladay, general manager, and Howard Tillis, operations manager. Both Holladay and Tillis have excellent long-term relationships with many current and potential customers in the area as well as proven records for new business development and, most important, excellent customer care. Joining them in the new operation are three project supervisors, four specialty equipment operators and four technicians. The total workforce of 13 has a combined 143 years of experience.

"REGS' operating history, strong reputation, and commitment to growth were key factors in our decision to join the Company and help launch the new Texas operations," said Holladay. "We are confident the Texas operations, with our expertise in hydro-cutting and hydro-blasting, will enhance the services base and profitability of other REGS locations around the country."

SEER, through its REGS and Tactical Cleaning subsidiaries, now has operations in Colorado, Texas, Oklahoma, Nebraska and Pennsylvania, and the Company is evaluating additional locations where demand for its services is strong, particularly in the area of railcar tank cleaning. Additionally, SEER continues to explore opportunities with well established partners in the Middle East region.

About Strategic Environmental & Energy Resources, Inc.

Strategic Environmental & Energy Resources, Inc. is a leading provider of technology-based industrial services in the environmental, energy, and rail transportation sectors. The Company has two operating subsidiaries: REGS, LLC (d/b/a Resource Environmental Group Services), which provide industrial services to companies in the petroleum, industrial, manufacturing, and medical industries as well as to university, government and environmental consulting sectors; and Tactical Cleaning Company, LLC, a dedicated fixed and mobile railcar and tanker truck cleaning company with operations in Colorado, Nebraska, Pennsylvania and Oklahoma, with immediate plans to expand into additional states. Together, REGS and Tactical Cleaning provide industrial and tank cleaning services, hydroblasting services, environmental construction services, management and transportation of industrial wastes, railcar and tanker truck cleaning, sludge dewatering services, and general environmental and waste management services.

For more information, go to:

http://www.seer-corp.com

http://regsindustrial.com

This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for growth at the Port Lavaca, TX, facility and additional expansion plans are forward looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.

Contact Information

  • Contacts:

    Company Contact:
    J John Combs III
    President
    Strategic Environmental & Energy Resources, Inc.
    303-295-6297

    Investor Relations Contact:
    Jay Pfeiffer
    Pfeiffer High Investor Relations, Inc.
    303-393-7044
    Email Contact