BRADENTON, Fla., May 29, 2007 (PRIME NEWSWIRE) -- Kesselring Corporation became a public company by way of reverse merger with Offline Consulting, Inc. (OTCBB:OFLC). Simultaneous to the reverse merger, the company received a $1.5 million investment through private placement. Proceeds will be used for acquisition financing, accounting systems integration, professional advisor services, and working capital.
Kesselring Corporation is a 31-year-old restoration, construction and construction-related products company with a proven track record for customer satisfaction, repeat business and growth. "I am excited about our current opportunities for Kesselring," commented Ken Craig, Chief Executive Officer. "Access to public markets will accelerate opportunities for continued growth both organically through enhancement of existing companies and through future acquisitions. Kesselring's strategy is to coordinate a One-Stop Resource for construction and restoration projects in Florida and the state of Washington."
The officers of Kesselring Corporation are Ken Craig, Chief Executive Officer; Laura Camisa, Chief Financial Officer; and Cliff Wildes, Chief Operating Officer. Kesselring Corporation is the parent company of five subsidiaries: Kesselring Restoration Corporation, Kesselring Coastal Construction Corporation, and 1st Aluminum Corporation. Headquartered in Bradenton, Florida, these companies are managed by Ted Sparling, President; and Bob Swails, Vice President of Operations. King Brothers Woodworking Inc. and King Door & Hardware Inc. are located in Yakima, Washington, and are managed respectively by Curtis King, President; and Gary King, President.
Stock is currently trading on the Over the Counter Bulletin Board the symbol OFLC.OB. The symbol will be changing in the near future to reflect the Kesselring name. The Company's 8-K filing may be found at: http://www.sec.gov/Archives/edgar/data/1374881/000101376207000894/form8k.htm
About Kesselring
Since 1976, Kesselring has grown from a local restoration provider into a Family of Companies in construction, restoration, aluminum products, cabinetry, woodworking, and door and hardware materials. With offices in Florida and Washington State, they provide skilled experience, customized project management with a reputation for integrity. For more information about Kesselring Corporation or any of its subsidiaries, please visit them on the Web at www.KesselringCorp.com or call 941-371-0440.
The Kesselring logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3775
Certain information included in this press release and Company filings (collectively, SEC Filings) under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (as well as information communicated orally or in writing between the dates of such SEC filings) contains or may contain forward looking information that is subject to certain risks, trends and uncertainties are the Company's ability to raise capital, national and local economic conditions, including conditions in the restoration, construction and building products industries, changes in interest rates, the impact of severe weather on the Company's restoration and construction operations, the effect of governmental regulation on the Company and other factors described from time to time in our filings with the Securities and Exchange Commission.