SOURCE: Pure Earth, Inc

February 23, 2010 09:30 ET

Independent Research Firm Murphy Analytics Initiates Coverage on Pure Earth, Inc.

TREVOSE, PA--(Marketwire - February 23, 2010) - Pure Earth, Inc. today announced that Murphy Analytics LLC (MA) has initiated coverage on Pure Earth, Inc. (OTCBB: PREA), a leading provider of innovative, unique, and sustainable solutions to alternative energy and recovery services in the United States.

The 16-page Initiation Report contains a detailed discussion of Pure Earth's recent achievements, short-term and long-term market dynamics, macroeconomic data and indicators, and risks. The Initiation Report is available at no charge at http://www.murphyanalytics.com/uploads/PREA_Initiation

Analyst Patrick J. Murphy, CFA, notes in the report: "The Company's success in removal and reutilization of materials from urban construction projects and recycling of petrochemical materials into energy has translated into additional exciting sustainable opportunities in the alternative energy and environmental arenas... PREA already has announced contracts totaling $40 million in revenue, much of which is expected to be earned in 2010... With a seasoned management team and a business model to take advantage of the greening of the economy, massive U.S. and regional infrastructure needs, PREA is well positioned for significant growth in rebounding construction, development, industrial, and energy markets."

About Murphy Analytics LLC:

MA is an independent investment research firm providing coverage of micro-cap and small-cap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, MA helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks. MA is owned by Patrick J. Murphy, who has over 15 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including micro-cap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.

Disclosure: MA was paid $5,000 by Del Mar Corporate Consulting, LLC, who provides investor relations services to Pure Earth, Inc., in advance of the publication of this report. Neither MA nor the analyst owns or trades the shares of covered companies. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.

Disclosures regarding forward looking statements: This document includes "forward-looking statements" as defined by federal securities laws, with respect to our financial condition, results of operations and business, and our expectations or beliefs concerning future events. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "likely," "will," "would," "could," and similar expressions or phrases, identify "forward-looking statements".

All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in the environmental services industry. Others are more specific to our operations. The occurrence of the events described, and the achievement of the expected results, depend on many events, some or all of which are predictable or within our control. Actual results may differ materially from expected results.

Contact Information

  • Contact Information:

    Mark S. Alsentzer, CEO
    Pure Earth, Inc.
    One Neshaminy Interplex, Suite 201
    Trevose, PA 19053
    Phone 215-639-8755
    Fax 215-639-8756