Venturi Announces 226 Percent in Growth in its Houston Carpet Cleaning Base
OREM, Utah--(BUSINESS WIRE)--April 9, 1999--Venturi Technologies (OTC BB:VTIX - news) announced a 226 percent growth in its Houston carpet cleaning base from January to March of this year.
"This is historically the slowest period of the year for most carpet cleaning companies," stated John Hopkins, president. "This dramatic growth in revenue is due to the implementation of a new marketing paradigm and the use of the cleaning technology."
"We are receiving so much work, I'm bringing on additional people weekly," said Aubrey Theode, Houston base manager. "This increase in revenue is one of the many reasons I signed on with Venturi in the first place."
"Venturi is aggressively implementing this new marketing program in each of its carpet cleaning bases," said Jim Stone, vice president of operations. "My base managers are asking for this new marketing program daily. I'm getting it to them as fast as I can."
Venturi Technologies is an acquisition company whose mission is to buy carpet cleaning companies in order to consolidate a fractured industry. Venturi has successfully been acquiring companies since 1995. Its plans are to be a nationwide company.
Certain statements in this news release may contain "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors that may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ.
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