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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: sdm2 who wrote (60896)8/30/2000 10:42:06 AM
From: dale_murphy   of 150070
 
SRCR News Just out

LOS ANGELES--(BUSINESS WIRE)--Aug. 30, 2000--Semper Resources
Corporation (OTCBB:SRCR.O) (www.semperresources.com) today announced
that substantial progress has been made toward finalizing the
acquisition of MCE Technologies Inc. and the assets of Nicholson
Machinery (www.nicholsonmfg.com)
MCE Technologies Inc. (MCE) management recently disclosed to
Semper that it has been successful in staffing the Nicholson facility
with full operations commencing September 1, 2000.
MCE will open with a $2,000,000 backlog, $2,100,000 of new orders
and anticipates additional orders during the month of September in the
range of $8,000,000. In addition MCE expects to be awarded an ongoing
high-end part supply order with an estimated annual value of
$4,000,000. Synergistic efforts with other companies entering the
Semper portfolio are expected to add strongly to building orders and
backlog.
"Central to Semper's strategy is the ability to leverage
acquisitions through synergy and internal management and employee
incentives," stated Galen Loven, CEO of Semper Resources. "MCE
Technologies Inc. has launched a compelling program of growth and
technology development. Announcements such as these by companies who
are willing to bring their resources to Semper are indicative of both
synergy and internal growth capacities of our roll up model. We
anticipate that the pace of our growth will accelerate during the next
year or two as we continue to expand the breadth and depth of our
company and its presence as a complete `design-to-build' environmental
services company."
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