THE COLONY, TX--(Marketwired - January 19, 2017) - Quest Resource Holding Corporation (NASDAQ: QRHC) ("Quest"), a leader in sustainability, recycling, and environmental and resource management, announced today that its Chief Executive Officer, Ray Hatch, will present at the NobleCon13 -- Noble Capital Markets' Thirteenth Annual Investor Conference at the Boca Raton Resort & Club in Boca Raton, Fla.
Mr. Hatch is scheduled to present Tuesday, January 31 at 12:30 p.m. Eastern Standard Time.
A webcast of the company's presentation will be available January 31 on the Quest Resource webpage. The webcast and presentation, which may include forward looking information, will also be archived and accessible on the website for at least 90 days following the conference.
Investors attending the conference who would like to meet Mr. Hatch and Chief Financial Officer, Laurie Latham, or learn more about Quest should contact their Noble Capital Markets representative or John Liviakis Investor Relations at 415-389-4670.
NobleCON13 annual small cap and emerging growth investor conference is dedicated to providing a forum where private and publicly traded emerging growth companies with less than $2 billion in market capitalization can network with the investment community, fund managers and high net worth investors who focus on small cap equities.
"The Nobel conference's focus on emerging growth companies is a perfect fit for Quest," said Mr. Hatch. "Last year we experienced strong growth, added new lines of business, including integrated sustainability programs in the manufacturing sector, and brought in $50 million in potential additional annualized revenue," said Mr. Hatch. "We expect to continue to grow and expand our business year over year and feel we have the executive team in place to drive success."
In connection with our growth strategy, we recently added David Sweitzer to our executive management team. Mr. Sweitzer was appointed October 3, 2016 as Executive Vice President and Chief Operating Officer. Sweitzer's focus is on executing the company's strategy, streamlining operations to increase efficiencies, maximizing margin, and developing an operation that is both flexible and highly scalable. In connection with the appointment of Mr. Sweitzer, he was granted employment inducement options to purchase 62,500 shares of Quest common stock, which will vest annually over a period of five years. The options have an exercise price equal to the closing price of our common stock on October 3, 2016. For each of fiscal years 2017, 2018, and 2019, Mr. Sweitzer will receive a grant of options to purchase 10,500 shares of our common stock, which will vest yearly over a period of five years from the date of grant and have an exercise price equal to the closing price of our common stock on the date of grant.
About Quest Resource Holding Corporation
Quest provides businesses with one-stop management programs to reuse, recycle, and dispose of a wide variety of waste streams and recyclables generated by their businesses. Quest's comprehensive reuse, recycling, and proper disposal management programs are designed to enable regional and national customers to have a single point of contact for managing a variety of waste streams and recyclables. Quest also operates environmentally based social media and online data platforms that contain information and instructions necessary to empower consumers and consumer product companies to recycle or properly dispose of household products and materials. Quest's directory of local recycling and proper disposal options empowers consumers directly and enables consumer product companies to empower their customers by giving them the guidance necessary for the proper recycling or disposal of a wide range of household products and materials, including the "why, where, and how" of recycling.
About Noble Capital Markets, Inc.
Noble Capital Markets, established in 1984, is an equity-research driven, full-service, investment & merchant banking boutique focused on the healthcare, media & entertainment, technology and natural resources sectors. The company has offices in Boca Raton, New York and Boston. In addition to NobleCon - the annual multi-sector investor conference and the Media, Finance & Investor Conference, produced in partnership with the National Association of Broadcasters (NAB) and held each spring in Las Vegas, throughout the year Noble hosts numerous "non-deal" corporate road shows across the United States and Canada. Members: FINRA, SIPC, MSRB. www.noblecapitalmarkets.com.
Safe Harbor Statement
The statements contained in this press release that are not purely historical are 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. All statements other than statements of historical facts contained in this press release, including statements regarding our future operating results, future financial position, business strategy, objectives, goals, plans, prospects, and markets, and plans and objectives for future operations, are forward-looking statements. Specific forward-looking statements in this press release include that the Nobel conference's focus on emerging growth companies is a perfect fit for Quest, that Quest experienced a strong growth last year, that Quest added new lines of business, including integrated sustainability programs in the manufacturing sector, that Quest brought in $100 million in potential additional annualized revenue, that Quest expects to continue to grow and expand its business year over year, and that Quest has the executive team in place to drive success. All forward-looking statements included herein are based on information available to us as of the date hereof and speak only as of such date. Except as required by law, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. The forward-looking statements contained in or incorporated by reference into this press release reflect our views as of the date of this press release about future events and are subject to risks, uncertainties, assumptions, and changes in circumstances that may cause our actual results, performance, or achievements to differ significantly from those expressed or implied in any forward-looking statement. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, results, performance, or achievements. A number of factors could cause actual results to differ materially from those indicated by the forward-looking statements, including competition in the environmental services industry, the impact of the current economic environment, and other factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2015.