TAMPA, FL--(Marketwired - Mar 4, 2014) - Enviro-Serv, Inc. (OTC: EVSV), which targets highly profitable small service companies in the commercial and residential property maintenance industry, announces today that its wholly owned subsidiary, X-Terminate™, an expert in the pest control industry, has secured a contract with a large commercial property management company located in the Tampa Bay, Florida area. X-Terminate™ is a leading pest-control expert which utilizes XT-2000 orange oil as part of its suite of services. XT-2000 Orange oil is a proven EPA registered, non-toxic eco-friendly product used in lieu of tenting and fumigation for eradication of dry-wood termites.
The contract is all-inclusive, covering the property manager's multi-location apartment complexes for GHP (general household pest control) and termite eradication services. The Agreement includes services provided twice annually from X-Terminate for all 220 units over three different locations. X-Terminate™ has also secured the personal residences of the ownership group of this commercial property company.
Chris Trina, CEO of Enviro-Serv, states, "We are thrilled with the contract. It marks the first of what I feel will be many commercial contracts as we continue to expand operations and grow our customer base. This, in addition to our residential business, which continues to perform above our expectations, has me very excited about this year."
The company provides services in a 60 mile radius around Tampa Bay which includes Lawn and Foliage Fertilization, Insecticide, Fungicide and Herbicide treatments, as well as eradication of Ants, Cockroaches, Silverfish, Bedbugs, Fleas, Ticks and a number of other pests indigenous to Florida.
As IBIS World reports, The Southeast U.S. has the greatest share of the pest control market, estimated to hold 38.8% of the total in 2013. Florida has 14.3% of total industry establishments. As well, rising demand and service prices have resulted in higher profit margins for pest control companies. "Given the increase in demand and our current successes, I'm confident that our commercial contracts will grow as we prepare for goals to acquire other companies in the sector," states Trina.
Trina added, "X-Terminate™ is firing on all cylinders right now as we ramp up for the extremely busy termite season which has began early this year due to the warm weather. The residential market as our primary focus has successfully taken us to the next level, positioning the company as a leading contender in a multi-billion dollar industry."
The Company has recently prepared another quote for a commercial contract with a 40 unit apartment complex in Tampa that execs feel strongly about finalizing over the short term.
Enviro Serv, Inc. (OTC: EVSV) is a Tampa based corporation specializing in providing property maintenance services in geographically concentrated warm climate states. Through an aggressive acquisition strategy, the Company is building a portfolio of highly profitable enterprises that offer year round services such as pest control management, lawn and landscaping care, pool maintenance, air conditioning/refrigeration installation and repairs and a host of additional onsite maintenance offerings. Please visit our websites at www.enviro-serv.com and www.xterminateinc.com to learn more.
Forward-Looking Statements - This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely solely on such statements. The forward-looking statements in this release are made as of the date hereof and Enviro-Serv, Inc. undertakes no obligation to update such statements.