Business News
CMARK International Announces Approval of Mentor-Protege Agreement
2008-08-19 09:39:00
COLUMBIA, S.C., Aug. 19 /EMWNews/ -- CMARK International (Pink Sheets: CMIT) today announced that the Department of Defense (DOD) has approved a Mentor-Protege Agreement between EMCOR Government Services, Inc. and CMARK International, Inc. (CMARK). EMCOR Government Services, Inc. (EGS) is a unit of EMCOR Group, Inc. (NYSE: EME), a Fortune 500(R) leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses. CMARK, the Protege firm, is a Service-Disabled Veteran-Owned Small Business. CMARK is a long-standing provider of facility and logistic support services and products to U.S. Government Agencies, including the DOD. The DOD Mentor-Protege Program assists small business proteges in successfully competing for prime contract and subcontract awards by partnering with large companies, known as Mentors, under individual, project-based agreements. This program allows both firms to collaborate as a team and use their collective, past performance and business experience in an effort to achieve contract awards. Under the Mentor-Protege Agreement EMCOR will provide CMARK with assistance in business development, management recruiting, contract management, and financial supervision. EMCOR has a track record of success in Mentor-Protege relationships, including current projects whereby EMCOR is a Mentor and subcontractor to a small business prime contractor at NASA's Goddard Space Flight Center in Greenbelt, MD; and another project whereby EMCOR is a Mentor and Joint Venture partner of a small business maintaining the U.S. Navy facilities in Millington, TN. As part of its relationship with CMARK, EMCOR will aid CMARK in constructing a long-range business development plan which focuses on U.S. Government agencies for work being set aside for Service-Disabled Veteran-Owned Small Businesses, as well as other projects whereby a number of EMCOR's subsidiaries can potentially partner for U.S. Government work. During 2008, the Federal Government, including the DOD, Veterans Administration, and the U.S. Small Business Administration, increased emphasis on the award of Federal contracts to Service-Disabled Veteran-Owned Small Businesses by establishing a goal of no less than 3% of participation by service-disabled veteran-owned businesses in Federal contracting. "CMARK has been successful in subcontracting relationships with multiple Prime Vendors to the Federal Government and seeks to expand on that success as a Protege of EMCOR Government Services," said Charles Jones, President and CEO of CMARK International. CMARK is a licensed General Contractor and Architectural firm that enhances the core strength of this effort in the food service and furnishings arena. CMARK received contract awards of more than $17M during 2007 from a variety of government agencies and completes an average of 150 contract projects per year.
About CMARK International Inc.: CMARK International provides a wide array of services and products in the areas of construction, interior systems and hospitality operations to federal government institutions and facilities. As one of the best-established and largest Service-Disabled Veteran-Owned Small Businesses (SDVOSB), CMARK has built a strong franchise to meet the federal procurement opportunity represented by the Veterans Benefits Act of 2003 (Public Law 108-183) which requires U.S. government agencies and prime contractors to earmark three percent of all federal procurement dollars to high quality SDVOSB firms. For more information, visit http://www.cmarkinternational.com . Forward Looking Statements: Statements contained in this press release, which are not historical facts, are known as forward-looking statements as that item is defined in the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. The forward- looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
CONTACT: Investor Relations Creative Capital Worldwide LLC 305.798.51.95 jdl@creativecapitalww.com
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions