Published:
National Storm Management Expands Its Mississippi Operation Into Metairie, Louisiana
National Storm Management, Inc. (OTC: NLST)
today said its Hattiesburg, Mississippi operation is opening a satellite
office in Metairie, Louisiana. This location will operate under the
Pinnacle Roofing, Inc banner as the Company continues to solidify its
production capabilities. The Company said this new location will support
its targeted sales of $12 million related to Hurricane Katrina's
southeastern rampage in 2005.
"National Storm targets restoration markets that are about 50 - 100 miles
outside of the eye of the hurricane," said Terry Kiefer, President. "That
is because we focus on exterior repair only, which is generally beyond a
storm's center where there is more extensive interior damage. Before
actually starting work, we make sure that estimated repair costs are in
agreement with the scope of loss of the various insurance carriers. Even
though the storm struck last August, we expected a lag between the timing
of the event and actual repairs to begin."
"Because of the tremendous damage from Hurricane Katrina, insurance
carriers have been focused on areas that are totally devastated. They are
just now moving into areas where the Company's operations are established,"
Mr. Kiefer said.
National Storm Management is an expanding national construction company
specialized in storm restoration management that works closely with
affiliates in seven states. The affiliates are: ABC Exteriors (Illinois),
Pinnacle Roofing (Orlando, Vero Beach & West Palm Beach, Florida), MSM
Builders and Remodelers (Missouri), WRS, Inc (Minnesota), First Class
Builders (Maryland), Pinnacle Roofing (Mississippi), First Class Roofing
and Siding (Ohio) and Pinnacle Roofing (Louisiana). The company and its
affiliates are recognized by all major insurance companies such as State
Farm, Allstate, Farmers and many others for storm related claims. The
Company is also a member of the National Roofing Contractors Association
(NRCA) and the Better Business Bureau.
SAFE HARBOR STATEMENT
Certain statements included in this press release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements relate to,
among other things, plans and timing for the introduction or enhancement of
our services and products, statements about future market conditions,
supply and demand conditions, and other expectations, intentions and plans
contained in this press release that are not historical fact and involve
risks and uncertainties. Our expectations regarding future revenues depend
upon our ability to develop and supply products and services that meet
defined specifications. When used in this press release, the words "plan,"
"expect," "believe," and similar expressions generally identify
forward-looking statements. These statements reflect our current
expectations.
Distributed by Market Wire
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,FinancialServices:Insurance, RealEstate and Construction:Construction, ,INTHPINK,IL,GLEN ELLYN, IL
_ _Is your favorite bookmark site missing?
Ask for it.