To: TATRADER who wrote (3198 ) 12/5/1997 3:13:00 PM From: WTT2 Respond to of 7396
<<<KESE>>>This will move if on nothing else its publicity. they just announced another contract about 30 minutes ago last time they did that on a friday it opened I believe at 12 on Monday It's featured by SuperStock aka.. SuperHype... LOS ANGELES, Dec. 5 /PRNewswire/ -- Keystone Energy Services, Inc. (OTC Bulletin Board: KESE), an electric services provider entering California's $22.5 billion newly-deregulated electricity market, has signed a five year service agreement with National Community Hospitals, a group of nine affiliated hospitals in Los Angeles, which represents electricity usage of approximately $3.5 million per annum for total electricity usage of approximately $17.5 million during the five year period. Keystone's President Richard Saxby said, "Keystone's making great strides in our sales efforts. We are moving forward by signing larger customers as indicated by this latest agreement with these hospitals. Our aggregate is increasing as we approach the January 1, 1998 opening of the deregulated electricity industry in California." Mr. Saxby was instrumental in signing the contract with National Community Hospitals and anticipates this is the first step in signing other hospital groups. Keystone's aggressive marketing program is designed to continuously gain market share in the state of California. Keystone Energy Services, Inc., licensed by the California Public Utilities Commission and Federal Energy Regulatory Commission, is a discount electric power marketing company. Formed as a result of the opportunity created by the federally-mandated deregulation of the $200 billion electric power industry, Keystone is focused on the distribution and sale of reliable, low-cost electricity to U.S. consumers. Offering a 10 to 25 percent savings over local utility services, Keystone will initially target the $22.5 billion California market, followed by other high tariff states as they open to competition. Note: This release includes forward looking statements. Although Keystone believes that its expectations are based on reasonable assumptions, it can give no assurance that such assumption will materialize. Important factors could cause actual results to differ materially from those in the forward looking statements herein. SOURCE Keystone Energy Services, Inc. CO: Keystone Energy Services, Inc.; National Community Hospitals ST: California IN: OIL HEA SU: CON 12/05/97 14:20 EST prnewswire.com