SOURCE: Tire International Environmental Solutions, Inc.

December 15, 2010 13:38 ET

Tire International Engages CIM Securities as Investment Banker

NEW YORK, NY--(Marketwire - December 15, 2010) - Tire International Environmental Solutions, Inc. (OTCBB: TRIE), an emerging tire recycling and finished product development company, announced today that it has engaged CIM Securities as its investment banker to assist in fund raising and other corporate matters.

Tire International CEO Anthony Care said, "We are pleased to have CIM Securities on board to help us raise funds to execute our business plan. This is an exciting time for our company. We have a strong business plan and we are assembling a solid management team. We are now prepared to move forward. CIM has an excellent record in helping emerging companies like ours and we look forward to working with them."

About CIM Securities
CIM Securities is a Denver-based independent investment bank that serves microcap companies by providing capital raising solutions and also merger and acquisition services. CIM Securities also caters to individual investors providing comprehensive brokerage and money management solutions. CIM Securities provides institutional investors periodic opportunities to participate in private placements of public or private companies.

About Tire International Environmental Solutions Inc.
Tire International Environmental Solutions, Inc. is a U.S. based company that is seeking one or more business opportunities in tire recycling, and waste to value sectors within the waste management industry. The company may seek a business opportunity with entities which have recently commenced operations, or which wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. The company may acquire assets and establish wholly-owned subsidiaries in various businesses or acquire existing businesses as subsidiaries.

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Forward-Looking Statements
This release contains "forward-looking statements" and information provided by Tire International Environmental Solutions, Inc., such as online, printed documents, publications or information available via Tire International Environmental Solutions, Inc's website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause Tire International Environmental Solutions, Inc's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words, including but not limited to, statements regarding corporate plans, strategies and objectives of management; statements regarding products, services or developments; statements regarding future economic conditions; and assumptions underlying any of the foregoing.

Contact Information

  • Investor Contacts

    Martin Sergi
    Chief Financial Officer
    Tire International
    (201) 401-7077

    Frank Hawkins
    Julie Marshall
    Hawk Associates
    (305) 451-1888

    Hawk Associates
    227 Atlantic Blvd
    Key Largo, FL 33037
    TEL: 305.451.1888

    Chrysler Building
    405 Lexington Ave, 26th FL
    New York, NY 10174
    TEL: 212 541 2465

    Tire International
    64 Division Avenue, Suite 106
    Levittown, NY 11756
    Phone: (516) 605-0388