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عضو نشط
التسجيل
17 مارس 2003
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1,163
Press Release Source: TS&B Holdings, Inc.


TS&B Holdings Announces Advanced Pool Technology Signs Additional Contracts
Thursday January 20, 9:15 am ET


ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 20, 2005--Advanced Pool Technology, a subsidiary of Buehler Earth & Waterworks ("BEW"), subsidiary of TS&B Holdings, Inc. ("Company" or "TS&B") (OTCBB:TSBI - News), was recently awarded new contracts totaling $153K.
Advanced Pools was recently awarded new commercial pool contracts by CED Construction Partners for the Wickham Club Apartments and Welbro Construction for the UCF Student housing project. Both projects are located in the greater Orlando area.

The Company owns a 51% equity interest in BEW and provides management services to the firm. Advanced Pool currently has over $6M in the bid process. As previously announced, Advanced Pool is also under construction with Stonebridge, a $200K commercial pool, for Pulte Homes Veranda Park development located in Orlando, FL as well as projects for Wesco Fountains and Janus Builders.

The CEO of TS&B Holdings Inc., James E. Jenkins, stated, "We're very excited about the contracts recently signed with Advanced Pool. As previously stated, the company is now seeing the results from bids over the past several months. The company anticipates additional contracts to be awarded in the very near future."

About TS&B Holdings Inc.

TS&B Holdings Inc. is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries. http://www.tsbholdings.com

Safe Harbor

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

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