PALM SPRINGS, Calif., Jan. 10, 2007 (PRIME NEWSWIRE) -- Pacific Environmental Sampling, Inc., a wholly owned subsidiary of Environmental Service Professionals, Inc. (Pink Sheets:EVSP), today announced the acquisition of National Professional Services, Inc., as part of its growth through acquisition strategy. The acquisition and its terms will be subject to various customary closing conditions and is expected to close on or around January 31, 2007 for 100% of the assets of National Professional Services, Inc. (NPS).
National Professional Services develops training programs and technology based solutions for the Indoor Air Quality industry.
"Given its ability to address moisture and mold issues across multiple industry segments, NPS Software and Training will become key ingredients in building our company," said Ed Torres, Chairman and CEO of Environmental Service Professionals, Inc. "The NPS Training curriculum and software is a comprehensive solution which will enable ESP to achieve its mission of blending the Home Inspection and Mold Inspection industries through our CEHI program." Dennis Regain, President of National Professional Services echoed Torres: "ESP's business model is the perfect fit to NPS intellectual property and Training curriculum. The time is right to bring together the Home Inspection and Mold Inspection Industries. Consumers will be better served and industries, such as insurance, lending, construction and real estate, will benefit greatly. I believe the planning, dedication and hard work behind this acquisition will place ESP as the leader in the Moisture Mold Industry as well as in the Home Inspection Industry."
About National Professional Services
National Professional Services, Inc. (NPS, Inc.) is a Massachusetts-based, Delaware Corporation that provides comprehensive training, education and certification programs for moisture management professionals. NPS, Inc. designed protocols and standards for moisture evaluations with the focus on prevention of moisture/mold issues. The company educates professionals in insurance, lending, construction and associated industries with regard to moisture management. NPS, Inc. promotes and develops software solutions to aid inspectors. The company has been proactive in promoting the highest standards of practice and ethics in the Moisture/Mold Inspection industry. The goal and focus of NPS, Inc. is to ensure that the public is well served.
For more information, contact a company representative at (760) 327-5284 or through the company's website at www. ESPUSA.net.
About Environmental Service Professionals, Inc.
Environmental Service Professionals, Inc. ("ESP") is a California-based, Nevada Corporation. ESP is the first company in this industry vertical to become a publicly-traded company. It is traded under the stock symbol of EVSP.
Since 2002, Pacific Environmental Sampling, Inc., Environmental Service Professionals, Inc. (ESP) main division, 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. Pacific Environmental Sampling also provides services directly to builders and homeowners through subscription-based maintenance programs.
The Company (ESP) has recently embarked on a strategy to acquire a number of businesses that have stated goals for dealing with environmental issues and resolving environmentally sensitive problems. The Company is in various stages of discussion with several companies that are a good operational and economic fit. Of the current companies targeted, some will be free standing subsidiaries and others will be absorbed into existing operations.
With a goal of maximizing revenue growth while establishing long term market value, ESP is targeting the acquisition of several complementary service companies. 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.