2008-08-21 12:05:00
LAS VEGAS, NV–(EMWNews – August 21, 2008) – National Automation Services, Inc.
(www.n-a-s-inc.com) (
regional automation control companies, today announced that they have been
awarded three new Municipal Contracts.
The Contracts with the Town of Taylor in Navajo County, Arizona, City of
Surprise, Arizona, and Clark County Water Reclamation District in Nevada
worth an estimated $970,000.00.
The Town of Taylor Contract is for the automation of their primary
Wastewater Treatment Plant. This contract is for eleven control panels and
instrumentation that replace existing equipment. The project is on fast
track and is already in the design stage. The project includes design,
fabrication, startup and commissioning of panels and instrumentation. The
second contract with the city of Surprise is for automation of a Wastewater
Recharge Facility. The effluent of a wastewater treatment plant is pumped
into an aquifer and is naturally filtered down into a lower aquifer. The
naturally filtered water is then used as potable water. Intecon will
implement a PLC and SCADA master control system for the recharge wells. A
serial Telemetry system will be implemented as a communications backbone
for the project. The contract is for the first 5 wells and Intecon expects
to be awarded the remaining thirty wells at the completion of this initial
phase. The third contract is for Clark County Water Reclamation District
by ISS Controls of Southern Nevada, and is for the instrumentation and
controls for a new wastewater treatment facility.
Stay up-to-date with current events by joining National Automation
Services’ E-Mail Alert List. Join by clicking the following
link: http://n-a-s-inc.ir.stockpr.com/information-request
ABOUT NATIONAL AUTOMATION SERVICES, INC.
From Hand Production to Automation
Before the Industrial Revolution, virtually all goods were made by hand.
With the Industrial boom of the 1900s, the automation and controls industry
was born to improve the quality and reduce the costs of tedious, repetitive
tasks in the industrial plants.
Immediately after World War II, computers were born, almost entirely for
scientific purposes. By the early 60s, computers began to make their way
rapidly into process control and production. Automated assembly lines took
on more and more tasks, allowing for an increasing number of automated
processes and adjustments. By eliminating tedious tasks usually performed
by hand, the owners of a plant realized higher quality and more output
which improved not only quality but competitiveness as well.
Today’s Markets
Automation touches our lives without notice, from the food we eat, to the
clothes we wear, to the building materials we use; and almost anything else
we consume or come in contact with.
Accordingly, the markets of National Automation Services, Inc. are vast.
They include waste/water treatment, airport security systems, bottling
plants, power plants, metals, mining, breweries, food processing, tire
making, textiles, plastics, and virtually all production activities.
Although there are a handful of very large automation and controls
companies, the industry is highly fragmented with about 286 companies of
modest size in the U.S. These companies are privately owned, local in
nature, and total approximately $32 billion in annual gross sales.
A handful of larger automation companies dominate the market as they offer
national, as well as worldwide, support for the Corporate and Government
clients they serve. In total the automation industry in the U.S. exceeds
the $400 billion mark each year, largely serviced by this handful of firms.
Where We Are Going
NAS intends to build a nationwide company through acquisitions and internal
growth in this fragmented market. We believe that our growing company will
retain healthy margins and produce attractive increases in earnings per
share during the period of this Plan. Our estimate is that we will
immediately produce cost savings of 12-15% on each acquisition, thereby
driving consolidated EBITDA and earnings per share. Furthermore, NAS, by
utilizing the expertise of the group, the sharing of national contracts,
and proven revenue enhancement techniques, has the goal of doubling the
gross sales of each acquisition in the first 12 months of the date of each
acquisition.
The Company currently focuses on:
Industrial Automation and Control. NAS has an experienced staff of
electrical and control engineers, as well as project managers, with
experience in industrial automation and controls. The Company’s business is
currently focused in Nevada, Arizona, and Utah, but it intends to expand
through internal growth and acquisitions throughout the U.S. during 2008.
Automation Manufacturing. The Company is a certified Underwriters
Laboratories Panel fabrication facility. This nationally recognized
regulatory body provides NAS with significant marketplace credibility for
custom control panel assembly and fabrication to its clients.
FORWARD-LOOKING STATEMENT: This press release contains forward-looking
statements, including expected industry patterns and other financial and
business results that involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance, or achievements to differ materially from results expressed or
implied by this press release. Such risk factors include, among others:
the sustainability of recent growth rates in the automation controls
industry, the positioning of NAS in the market, the ability to integrate
acquired companies and technology, the ability to retain key employees, the
ability to successfully combine product offerings and customer acceptance
of combined products, general market conditions, fluctuations in currency
exchange rates, changes to operating systems and product strategy by
vendors of operating systems, and whether NAS can successfully gain market
acceptance. Actual results may differ materially from those contained in
the forward-looking statements in this press release.
CONTACT INFORMATION
National Automation Services, Inc. |
|
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