PALM SPRINGS, Calif., Nov. 1, 2006 (PRIMEZONE) -- Environmental Service Professionals, Inc. (Pink Sheets:EVSP) today announced the appointment of Michael Fell as its chief financial officer. Mr. Fell assumed his duties on August 2, 2006.
Mr. Fell also serves as the corporate treasurer. Prior to joining the company, Mr. Fell held financial executive positions for more than 17 years, including five years as CFO of Paragon Cable Television, a joint venture between Time, Inc. and Houston Industries, Inc., and seven years as vice president and senior vice president at American Express and First Data Corporation.
Fell brings to Environmental Service Professionals nearly three decades of experience in consumer service and technology-enabled service companies. He holds a bachelor's degree in accounting from St. Cloud State University, an MBA in finance from Syracuse University, and is a Certified Management Accountant (CMA).
"Michael's financial background and proven experience in service delivery companies will be critical for the future success of the company," said Edward Torres, ESP's Chief Executive Officer. "With Michael's addition to our team, we are able to improve our focus on driving ESP to the leadership position in our young industry."
"The Indoor-Air Quality industry is a new and important market," said Fell. "ESP has a terrific model for service delivery. I'm looking forward to rapid growth as we take our business processes to the national marketplace."
About Environmental Service Professionals, Inc.
Since 2002, Environmental Service Professionals, Inc. has offered franchised inspection services for addressing mold and moisture intrusion that can have an acute or chronic negative impact on the indoor air quality of commercial and residential buildings. The company meets federal and specific state requirements as a highly regulated franchisor of environmental service companies. The franchises, offered throughout North America, are independently owned and operated. Environmental Service Professionals also provides services directly to builders and homeowners through subscription-based maintenance programs. The company's California-based call center provides a single point of contact for the delivery of all services. The company was formerly known as Pacific Environmental Sampling, Inc. For more information visit www.espusa.net
Safe Harbor:
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the company's future capital needs, the lack of market demand for any new or enhanced products the company may develop, any actions by the company's partners that may be adverse to the company, the success of competitive products, other economic factors affecting the company and its markets, seasonal changes, and other risks detailed from time to time in the company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The company disclaims any obligation to update any statements in this press release.