International Safety Group Commences Oil Safety Business Line Diversifies revenue base into fast growing industry
PURCHASE, N.Y., April 25, 2013 /PRNewswire/ -- International Safety Group, (OTCBB: ISGI), an occupational risk management services company, has commenced operation in the oilfield and hydrofracking site safety business focused in the mid-west region of the United States. ISG will operate the business through a newly formed subsidiary, Safety Oil Services LLC ("SOS").
In connection with the formation of SOS, ISG hired Brian Main to serve as the Chief Consultant of SOS. Mr. Main has commenced negotiating new business in the oilfield and hydrofracking sector, bringing advanced technologies and safety protocols to a sector that ISG believes needs its products and services.
Mr. Main is a seasoned entrepreneur, having owned and operated real estate development companies and, most recently, having a leading role in building a 1600-unit workforce housing camp for oil and gas field employees that opened its doors on February 1st, 2013 in the Bakken Formation of North Dakota. Mr. Main is a former United States Marine who served in Operation Desert Storm and was featured in a November 2012 article in Platts Magazine.
The addition of SOS and Mr. Main broadens ISG's Safety Division offerings to include the high-growth energy and oil and gas sectors. SOS will train and contract oilfield site safety personnel and provide environmental alternative technologies, fire safety, educational classes, insurance, and inspections to ensure the safety of all workers.
"SOS is clearly a solid fit into our business strategy," stated Michael Gianatasio, President and CEO of International Safety Group. "SOS not only diversifies our geographic reach but also brings us into a high growth industry where we can utilize our strengths in the safety field. We will continue to look for other similar opportunities."
About International Safety Group
International Safety Group provides turnkey occupational risk management services, including construction safety, fire safety, training and supplies on major construction projects throughout New York City and the tri-state area. http://www.isafetygroup.com
SOURCE International Safety Group