NATIONAL ENERGY SERVICES ANNOUNCES SIGNIFICANT ORDER FOR OZONE LAUNDRY SYSTEM AND LIGHTING UPGRADE FROM EXISTING CUSTOMER

EGG HARBOR TOWNSHIP, NEW JERSEY—February 28, 2007 --National Energy Services Company, Inc. (OTCBB: NEGS) announced an additional order from HCF Management Inc. National Energy Services helps long term care, hospitality; commercial and industrial facilities reduce energy costs through its customized, cost effective products and management services.  HCF is high quality rehabilitative and skilled long-term nursing care provider with over 20 community care units in non-metropolitan areas in Pennsylvania and Ohio. The installation of the $247,000 order for Ozone Laundry Services and Lighting Upgrades will begin in April. 
 
Commenting on its choice of National Energy Services as its energy conservation provider, David Seitz, VP of Development and Properties for HCF Management, said:  “The feedback from residents and staff of our long-term care communities where we have the Ozone Laundry System already in operation has been very positive. They have reported that the clothes and linens are definitely whiter and brighter. As for the lighting upgrades, our staff is very pleased with the brighter hallways. Given the positive impact on quality of life and the fact that we are achieving the energy and cost savings we anticipated, it is an easy decision to implement upgrades in additional communities.”

NEGS president John Grillo said, “We are gratified that we continue to win repeat business. Organizations like HCF are ideal customers for us because they not only want to conserve energy and reduce costs, but they are driven by a commitment to enhance the quality of life for residents and their families and for their employees. Having satisfied clients is key to our ability to grow our company.”

About National Energy Services Company, Inc.
National Energy Services Company is engaged in the business of providing state-of-the-art, comprehensive and cost-driven energy products and management aimed at lowering energy consumption and helping its customers purchase energy more efficiently.  Our services are designed to bring our customer minimal or no out of pocket cost. Our services include the Ozone Laundry System (OLS), Lighting Upgrades, Mechanical Systems (HVAC), Water/Sewer Conservation Methods and Energy Management.  These aggregated energy management services are primarily marketed to commercial, industrial, hospitality and long term care facilities.  

This release may contain projections or other forward-looking statements regarding future events or the future financial performance of National Energy Services Company. These statements are only predictions and reflect the current beliefs and expectations of National Energy Services Company. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation, (i) National Energy Services Company’s unproven business model and limited operating history, (ii) National Energy Services Company’s history of losses, (iii) the significant fluctuation to which National Energy Services Company’s quarterly revenues and operating results are subject, (iv) other factors detailed in documents National Energy Services Company files from time to time with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Contact:
Vicki Weiner
VMW Corporate & Investor Relations
212-616-6161
info@vmwcom.com

 

 

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