SOURCE: HERC Products, Incorporated

March 11, 2008 10:12 ET

HERC Hires Financial Advisor to Raise $5 Million

HOUSTON, TX--(Marketwire - March 11, 2008) - HERC Products, Incorporated (PINKSHEETS: HERC) announced today the Company has signed a financial advisory agreement with an investment banking firm to raise $5 million of working capital.

HERC's Chief Executive Officer, C. Clifford Wright, Jr., stated: "We have recently added significant new revenue and have a need for expanded working capital in all business groups that this fund raising will address."

"These funds will be used to provide current and future working capital for all of our growing business groups, further add management experience in marketing, operations, and accounting, and complete audits and public filings," continued Mr. Wright. "Our backlog of work for water and wastewater rehabilitation for the US Navy and for municipalities, and Simplex customer sales are at historic highs. Additionally, Simplex expects to announce major building product sales to existing and new customers in the near future, and we will be expanding the breadth of services for both our current military and municipal customers and as well as expanding Simplex internet sales and delivery capabilities."

HERC Products, Incorporated ( provides proprietary infrastructure products and services to federal, military, municipal, commercial and industrial, and retail markets. Our Marine Technology Group provides onboard ship water and wastewater system rehabilitation and renewal services. Our Water Technology Group provides water and wastewater construction and rehabilitation services to municipal customers. Simplex Building Products, Inc. markets proprietary fencing, decking, and railing products, under the Polytimber® brand name (, and window products to the fabrication industry under the Simplex Building Products brand.

This press release contains forward looking information. Readers are cautioned not to place undue reliance on any such forward looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties, which are disclosed in the Company's previously filed SEC reports.

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