SOURCE: CES Synergies, Inc.

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July 09, 2015 07:30 ET

CES Synergies' Subsidiary, Cross Environmental Services, Inc., Is Selected to Provide Additional Demolition Services at the Navy Air Station Jacksonville

CRYSTAL SPRINGS, FL--(Marketwired - July 09, 2015) - CES Synergies, Inc. (OTC PINK: CESX) ("CES" or the "Company"), a full service environmental, asbestos abatement and demolition company, announced today that it has been selected to remove three Navy hangers located at the Naval Air Station Jacksonville, Florida. The scope of services consists of the entire removal of the above grade portions of the hangers, which are constructed of structural steel. CES will facilitate and supervise the demolition activities to ensure the structural steel components are manifested for recycling, thus adding value to the project. Total project revenues should approximate $500,000.

John Tostanoski, CEO of CES Synergies, commented, "This project dovetails nicely with our other projects already underway at the Naval Air Station Jacksonville, where we are currently providing remediation, abatement and demolition services as a subcontractor. We believe that we have been chosen for this latest project due to the quality of work at the site to date, combined with our specialized capabilities in the areas of environmental remediation and demolition services. As the project continues to advance, we look forward to bidding on additional opportunities, as the total remediation and demolition costs associated with this project are expected to be approximately $87.0 million."

About CES Synergies Inc.

CES Synergies, Inc., through its subsidiary, Cross Environmental Services, Inc., is a specialty environmental services company providing quality environmental contracting solutions, demolition and remediation services to commercial and industrial customers, as well as federal, state and municipal entities. More information may be found at the Company's website:

SAFE HARBOR STATEMENT: This press release may contain "forward-looking statements" that are made pursuant to the "safe harbor" provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. These statements are based upon management's current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company's future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the SEC.

Contact Information

  • Investor Relations:
    Natalya Rudman
    Crescendo Communications, LLC
    (212) 671-1020, Ext:304

    John Tostanoski
    CES Synergies, Inc.
    (813) 783-1688