SOURCE: HERC Products, Inc.

February 06, 2007 14:39 ET

HERC Products Incorporated Announces Awards of Municipal Utility Jobs

PORTSMOUTH, VA -- (MARKET WIRE) -- February 6, 2007 -- HERC Products Incorporated (PINKSHEETS: HERC) announced today that the Company has been awarded pipe bursting, slip lining and other municipal utility jobs in excess of 3 million dollars that will be completed in the first half of the year. The Company also has Requests For Quotes on more than 8 million dollars in additional work.

S. Steven Carl states, "We are pleased with the early progress we are seeing in this new area of business for the Company. We believe it not only proves the value of the investments we have made to enter this market but shows the kind of potential for future revenue growth we have been seeking. This volume of business, together with our US Navy business, is already providing revenue in the first half of the year that will exceed all of 2006."

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.

HERC Products Incorporated provides pipe cleaning, environmental tank cleaning and other corrosion control services utilizing its proprietary and patented chemistry and processes. HERC's patented chemistry and processes are currently used in cleaning marine, fire protection, potable water, chemical feed line, wastewater treatment and other systems.

Contact Information

  • CONTACTS:
    S. Steven Carl
    Chief Executive Officer
    757-393-0002
    Email Contact