PALM SPRINGS, Calif., Feb. 28, 2008 (PRIME NEWSWIRE) -- Environmental Service Professionals, Inc. (OTCBB:EVSP) (ESP) announced today that it has changed the name of its wholly owned subsidiary Allstate Home Inspection & Household Environmental Testing, Ltd. to Environmental Safeguard Professionals, Inc. The goal of the name change is to leverage the strength of the ESP service line and to align its corporate and service brand identities.
"Effectively, we are leveraging the phenomenal success of the ESP brand and the Certified Environmental Home Inspector (CEHI) service line," said Edward Torres, President and CEO of Environmental Service Professionals, Inc. "While this company's name is changing, all core elements of the organization will remain the same. Environmental Safeguard Professionals, Inc. will continue to provide our customers and partners with the same level of superior service," continued Torres.
Environmental Safeguard Professionals, Inc. has adopted its new name as a statement of the brand value of its services and is delivering on this promise with a synergistic, two-pronged approach. First, Environmental Safeguard Professionals will continue to offer and expand on their popular Certified Environmental Home Inspector (CEHI) anchor service. Second, Environmental Safeguard Professionals will begin to expand its offerings with services that complement the CEHI service line and offer unique industry standard inspection tools to help home owners and businesses alike.
"In conjunction with our aggressive on-line workflow development and service strategies, we have developed a strong corporate identity that will accurately represent our company and its services to our customers and prospects," stated Torres.
Along with the name change, the company adopted a new corporate identity, including a new logo and visual identity, and a new website that can be found at www.espusa.net . The changes are effective immediately, and all future business activity will be undertaken with the new name.
About Environmental Service Professionals, Inc.
Environmental Service Professionals, Inc. is the first publicly-traded company established to consolidate the highly-fragmented home inspection industry and to specialize in environmental inspections. ESP is focused on the development and delivery of state-of-the-art procedures and tools to provide environmental services for addressing many environmental issues in the home and workplace. Its Healthy Home Assurance mission results in the mitigation of risk across the board for homeowners and for mortgage, title and insurance companies.
ESP offers a suite of environmental services: moisture management program, mold testing, energy inspection, neighborhood environment reports, allergen screening, radon testing and new builder program. The Company's Certified Environmental Home Inspectors (CEHIs) deliver the industry's "Best in Class" inspection and management services to consumers.
The company's motto is "peace of mind for your family, your home and your health." For more information, visit the ESP web site at http://www.evsp.com.
Safe Harbor
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including, but not limited to, a lack of adequate capital to enable the Company to execute its business plan or make important business acquisitions in order to grow; the failure to successfully complete the development of new or enhanced products and services; the lack of market demand for any of the Company's existing or new products and services; failure to grow the Company's businesses, a decline in revenues and stock price; litigation adversely affecting the Company; failure to operate profitably; operating losses that may impair the Company as a going concern; any actions by the Company or its affiliates that may have adverse effects on the Company's financial condition, operating results or business performance; the success of competitive products and services; other economic factors adversely 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. Actual results may differ materially from those expressed in this press release. The Company disclaims any obligation to update any statements in this press release.