SARASOTA, Fla., Nov. 5, 2007 (PRIME NEWSWIRE) -- Kesselring Holding Corporation (OTCBB:KSSH) announced today that its subsidiary, King Door and Hardware, is now a "Premier Status" Ingersoll Rand Distributor.
King is a distributor of commercial doors, hardware and bathroom accessories in Yakima, Washington. Ingersoll Rand Premier Status grants access to all represented hardware lines including: Schlage, Von Duprin, LCN, Falcon, Schlage Residential, Glynn-Johnson, Ives, Schlage Electronics, Monarch, and Dor-O-Matic.
Until now, Ingersoll Rand has not opened a new distributorship in Washington State for more than seven years. "We feel fortunate to have been given the opportunity to take on the Ingersoll Rand line," commented Greg Aff, Manager of King Door & Hardware. "This line helps to shore up our position in the immediate area, and opens opportunities in areas not previously pursued."
Douglas P. Badertscher, Kesselring Holding Corporation CEO, stated, "I am excited King was able to obtain this agreement as it signifies the company's strength in the market and will be beneficial in the company's future growth."
Kesselring Holding Corporation is proud of the fact that our subsidiaries have been independently operating since 1948 in the areas of restoration, construction, aluminum products, cabinetry, woodworking, and door and hardware materials. These companies include: Kesselring Restoration Corporation, Kesselring Construction Corporation, Kesselring Aluminum Corporation, King Brothers Woodworking Inc., and King Door & Hardware Inc. With offices in Florida and Washington State, the companies provide skilled experience, customized project management, and a reputation for quality and integrity. For more information about Kesselring Holding Corporation or any of its subsidiaries, please visit www.KesselringHolding.com on the Web or call 941-953-5774.
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Statements about the expected future prospects of our business, statements about our outlook for internal revenue growth in 2007 and 2008, and all other statements in this release other than historical facts, constitute forward-looking statements. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. We derive most of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and, of course, it is impossible for us to anticipate all factors that could affect our actual results. Some of the factors that we believe could affect our results include: conditions in the restoration, construction and building products industries, change 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. The factors described in this paragraph and other factors may affect our business or future financial results. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.