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Pro Blog

Pro-Tech Industries Receives 1 Year Contract with UC Davis

By FAF Staff Writer, (376 words) Posted in Business on December 17, 2009
There are (110) comments permalink

Pro–Tech Fire Protection Systems Corp. and Conesco, Inc., wholly owned subsidiaries of Pro–Tech Industries, Inc. (OTCBB:PTCK), have announced receiving additional new contracts totaling an aggregate of approximately $1.1 million for their fire protection and flooring business units. Also, its Telecommunications division is announcing it has received an award to provide "Professional Network and/or Telecommunication Installation, Integration and Repair Support" to the University of California Davis. The initial contract award is for 1 year with renewal options up to 4 additional one–year periods. The base contract term began November 1st, 2009 through October 30th, 2010.

Dave Baker, President of Conesco, Inc. commented that “We have long standing relationships with many of our customers. This has helped us to continue to be awarded projects in these difficult economic conditions. We look forward to working with these customers in the future.”

Don Gordon, CEO of Pro–Tech Industries remarked, “Our new lines of business continue to demonstrate opportunity and growth for our organization. With a complementary array of services we are able to offer a more complete and efficient package to both existing and new customers. We will continue to leverage these relationships as we continue to build our backlog for 2010 and beyond.”

The new projects are located in Sacramento and San Diego, CA offices. Management anticipates, but cannot provide assurances, that revenues from these projects will be realized commencing in the 1st quarter 2010 and will be primarily realized by the end of the fourth quarter of 2010.

About Pro–Tech Industries, Inc.:

Through its wholly owned subsidiaries, Pro–Tech Fire Protection Systems Corp. and Conesco, Inc., Pro–Tech Industries, Inc. provides design-build services in the following infrastructure segments: Fire Protection, Alarm and Detection, Telecommunications, Network Services, Flooring and Electrical Contracting. These services are provided to the Commercial/Industrial Sector, Fortune 1000 companies, and Federal, State, and Local government. For more information please visit http://www.pro-techind.com.

Forward Looking Statements

Statements about the company’s expectations, including revenue and earnings and all other statements in this press release, other than historical facts, are “forward looking” statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company’s actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward looking statements.

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