CET Environmental Services, Inc. Renews Contract With the Environmental Protection Agency
EPA Exercises Third Option Period of Existing Contract
ENGLEWOOD, Colo., Jan. 4 /PRNewswire/ -- CET Environmental Services, Inc. (Amex: ENV) announces the Environmental Protection Agency (EPA) has executed the third option period with the Company. The period of the contract will be from January 9, 2000 through January 8, 2001.
On November 5, CET announced it had executed an agreement with the Environmental Protection Agency (EPA) that removed the Notice of Suspension issued on August 10, 1999. No financial penalties or significant restrictions were placed on CET under that Agreement with the EPA.
Steven H. Davis, President and CEO of CET Environmental Services, Inc. said, "I am very pleased to be back working with the EPA again. During this third option period, the Government can issue contracts for up to $42 million."
Mr. Davis continued, "I am thankful our good reputation has been restored and I am dedicated to returning the Company to profitability. I feel confident we can do just that because our key people are in place and ready, willing and able to serve our clients."
CET conducts business in three primary areas: government programs, industrial services, and water/wastewater treatment. The Company provides a broad range of expertise in technology-based environmental services for both the public and private sectors throughout the United States.
For more Company information, visit the web site www.cetenvironmental.com. |
