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Tuesday, June 2, 2015

$EVSV ~ Enviro-Serv, Inc. Announces Wholly Owned Subsidiary X-Terminate Pest Management Secures Landmark Termite Contract




Enviro-Serv, Inc (OTCQB: EVSV)




Enviro-Serv, Inc. Announces Wholly Owned Subsidiary X-Terminate Pest Management Secures Landmark Termite Contract


TAMPA, Fla., June 2, 2015 /PRNewswire/ -- Enviro-Serv, Inc. (EVSV), which targets highly profitable small service companies in the commercial and residential property maintenance industry,is pleased to announce that Enviro-Serv, Inc., through its subsidiary X-Terminate Pest Management, secured its largest single multi-location termite contact in their history.
 
CEO Chris Trina explains the details to investors, "I am hugely excited about X-Terminate Pest Management, our wholly owned subsidiary, as it's hitting on all cylinders right now. Not only are we very excited and preparing for the mid-July conversion into Pestmaster Services but as of today and with this newest termite contract we are well on our way for a record breaking second quarter in revenues. Starting this morning our team is on site at multi-location apartment dwellings in St. Petersburg, which will take all week to finish the project. We bidded this project at $6,900.00, our largest bid to date, and won the contract yesterday. After hours and hours of hard work and communication between the two companies I'm grateful to say work commences immediately for this large property manager, and we vow to impress him."

During the same fiscal period ending June 30, 2014 X-Terminate had revenues of $22,882 and, with this single contract, the company has achieved nearly one third of this going into the remaining month of June.  With the closing of this multi-unit complex, the Company expects to be able to grow into the commercial real estate space while also maintaining its residential customers in conjunction with its plans on expanding into the government sector as well.

Mr. Noah Bressack, Florida Realtor and property manager for RE/MAX Bay to Bay stated this, "I am very fortunate to have found a reputable Termite and Pest control company that can handle our properties' persistent dry wood termite problems effectively and efficiently without the need of tenting and fumigation. As I approach 60 managed properties under my control it's imperative I find lower cost more convenient methods of termite eradication to appease both my clients the property owner's and of course our tenants most importantly. Chris Trina and X-Terminate Pest Management seem to be a perfect fit going forward, and if this first contract goes well this week I will have a lot more work for this company going forward."

In closing, Mr. Trina expressed his stance on this contract and his outlook for upcoming projects this year, "We see this opportunity as the first step to something that could be much bigger.  Not only is this the largest contract we've signed during our early stages of development but we also view this as the beta test in proving our concept and securing all of Mr. Bressack's managed properties.  With regard to the bid that we recently put in for a government contract, we are expecting a decision soon and are optimistic about the outcome."


THE

SITUATION:


Research has proven that approximately 75% of property service/maintenance companies employ less than 5 people. This business model is one that indicates that in fact most small service companies are managed by highly trained technicians.  Although these companies may be smaller in size than there national counterparts they are usually running profitable well run companies enjoying higher than average margins in their respective business models. This market place is often in need of capital for expansion, business consulting, exit strategies and business valuation needs in the event of merger and/or acquisitions. This creates an opportunity for a publicly traded company such as Enviro-Serv Inc. to utilize stock, cash or stock/cash hybrid to partner with such entities and to put them under our corporate umbrella. With our high quality management team and experience it is Enviro-Serv’s strategy is to achieve growth by creating synergy through acquisition of private companies that are highly profitable in their space.

THE

OPPORTUNITY:


Enviro-Serv targets highly profitable small service companies in the commercial and residential property maintenance industry. Through leveraged investments, joint ventures and acquisitions, Enviro-Serv is building a portfolio of property maintenance service companies that are geographically concentrated in warm climate states. These companies provide year round services including, but not limited to the following specialty areas: pest management, lawn and ornamental care, pool maintenance, air conditioning/refrigeration, and commercial sprinkler systems in addition to a host of additional onsite maintenance offerings. These warm climate companies create an ongoing cash flow thru maintenance contracts with small to medium size companies. A few examples of our target clientele for maintenance contracts are as follows: convenience store chains, office buildings, hospitals and medical complexes, professional office complexes, apartment complexes, condo complexes, to name a few. Thru the ongoing marketing of services in the sectors mentioned, Enviro-Serv plans to expand its contracted maintenance base while maintaining a high quality customer service experience. This strategy will enable Enviro-Serv to build a highly visible brand in this profitable service sector and become synonymous with high quality service.

Our

Partners:



SERVICE INDUSTRIES

LAWN/LANDSCAPE MAINTENANCE

Enviro-Serv, Inc. is actively seeking potential appropriate target candidates that fit into our business model. This space is dominated by small business owners and is extremely competitive here in Florida. For these reasons the value offering Enviro-Serv brings to the table is highly attractive to the business owner allowing them to expand without incurring debt load . In addition our unique positioning as a publicly traded company offers owners the ability to effectively monetize their built up sweat equity without giving up operation of their business.

PEST CONTROL

As of June 1, 2013 Enviro-Serv, Inc. successfully acquired X-Terminate Pest Management Inc.  X-Terminate is a full service and fully licensed Florida pest control operation based in St. Petersburg Florida. The company specializes in utilizing orange oil and other low impact product to eradicate dry wood termites however does hold the license to fumigate properties when deemed necessary to do so.  X-Terminate was originally formulated in 2009 and has been branded successfully in the Tampa Bay community as the “first” pest operation to bring orange oil to this area. The company also handles sub-terranean termites, general home and commercial pest control (GHP) and Lawn & Ornamental nutrition and pest control. Please visit our website ofWWW.XTERMINATEINC.COM to learn more.





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