Universal Systems to Open a Sales Office in Alberta, Canada
June 17 2008 - 8:19AM
Marketwired
BAKER CITY, OR announced today its decision to open a new sales
office in Alberta, Canada following promising sales prospects from
the Global Petroleum Conference.
"The Canadian Oil and Gas market is an unbelievable opportunity
for us," stated Mr. Kevin Chambers, CEO of Universal Systems. "The
discussions we've had during this conference confirmed our initial
thoughts about having a Company presence in Canada. The decision to
open an office here was already in the works, but due to such a
positive response this week we decided to expedite the
opening."
The Company plans to aggressively market its wastewater
treatment solution to the natural gas, coal bed methane, tar sands
and heavy oil drilling sectors of northwest Canada. As such, USI
will be one of only a few companies that offer wastewater recycling
services to such a marketplace today. Most oil and gas companies in
Canada currently choose to handle their wastewater concerns by
ground reinjection rather than recycling. Although, this method is
very common in the industry, it's not always the most practical or
environmentally safe method to use to dispose of excess
wastewater.
To oversee USI's Canadian sales effort, USI has appointed Kraige
Smerdal of Grande Prairie, Alberta, Canada to become the Company's
Western Canadian Operations Manager.
Mr. Kraige Smerdal commented, "I am very excited about the
opportunity to work with Universal Systems. Their products and
services are a perfect fit for the current wastewater recycling
needs here in Northwestern Canada. We launched our Canadian sales
and marketing efforts this week during the Global Petroleum
Conference and have already been approached several major companies
and we have identified more than 20 potential customers."
Mr. Smerdal has come to us with extensive knowledge of the
Canadian markets and has worked in management teams of such
companies as Neufeld Petroleum, Parkland Industries, Panda Tank
& Vac and Endeavor Logistics. With the knowledge of changing
market trends and the ability to think outside of the box he will
assist in spearheading this project and many others for USI. With a
long list of clients in the oil and gas sector, Kraige will be
fundamental in leading USI to new markets within Canada.
We are coming into a new age where water, which was once taken
for granted, has now turned into a commodity. The future is in the
recycling and reuse of this precious product, this is where USI
excels and will be an industry leader. "We are pleased to have Mr.
Smerdal join our team. We look forward to working with him in
Canada to capture this 'untapped' marketplace," added Mr.
Chambers.
About Universal Systems, Inc.
Universal Systems, Inc (USI) is a publicly traded holding
company focused on providing economically and ecologically viable
water and wastewater treatment solutions. USI offers a FULL SERVICE
turn-key water treatment services, specializing in "slop oil" and
CBM (Coal Bed Methane) produced water.
In 2007, USI obtained an exclusive worldwide licensing agreement
to provide slop oil and processed wastewater treatment services to
the oil industry. The company's mission is to become the leader in
the development and delivery of cost effective slop oil and
processed wastewater treatment. USI joined Powell Water Systems,
Inc. (PWS) and Water Solutions, LLC (WS) to bring PWS's patented
electrocoagulation technology to the oil industry, making large
flow waste oil, and water treatment efficient and cost
effective.
More recently, USI has discovered the immediate need to become
involved in building, owning, and operating central produced water
processing facilities. This service is widely needed wherever
natural gas is produced; the diminished capacity to handle
processed water from natural gas production is causing some
production wells to be shut in until alternative-treating plants
can be brought on line. As tougher water discharge regulations are
being imposed, the need is becoming even greater.
USI's business plan for expansion includes the purchase or
acquisition of other specialized trade service companies that will
complement and enhance the overall product and service offering of
the company.
Safe Harbor Statement Under The Private Securities Litigation
Reform Act Of 1995:
The Private Securities Litigation Reform Act of 1995 (the
"Reform Act") provides a "safe harbor" for forward-looking
statements to encourage companies to provide prospective
information, as long as those statements are identified as
forward-looking and are accompanied by cautionary statements
identifying important factors that could cause actual results to
differ materially from those discussed in the forward-looking
statements. Universal Systems, Inc. desires to take advantage of
the safe harbor provisions of the Reform Act. All future written
and oral forward-looking statements attributable to the Company or
any person acting on its behalf are expressly qualified in their
entirety by the cautionary statements contained or referred to
above. New risks and uncertainties arise from time to time, and it
is impossible for the Company to predict these events or how they
may affect the Company. We assume no obligation to update any
forward-looking statements as a result of new information, future
events or developments, except as required by federal securities
laws. In addition, it is our policy generally not to make any
specific projections as to future earnings, and we do not endorse
any projections regarding future performance that may be made by
third parties.
Universal Systems, Inc. is traded on the OTC Exchange under the
symbol UVSS. More information is located at the web-site
www.universalsystemsinc.net
Contact: Kevin Chambers 541-523-0220
info@universalsystemsinc.net Kraige Smerdal 780-978-2571
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