OKLAHOMA CITY, Oct. 25, 2016 /PRNewswire/ -- Enerlabs, Inc. (OTC pink: ENLB) is pleased to announce that the company has signed an agreement to acquire Energy & Environmental Services, Inc. (EES). The surviving entity will be filing for a change of name (to Energy & Environmental Services, Inc.) and trading symbol after the closing of the transaction, which will occur when the stock is issued and exchanged. This agreement supersedes all previously announced ventures and sets a new direction for the Company, which will be under the management of EES.
EES was incorporated in 1991 by founder and current CEO Melvin B. Smith. EES, headquartered in Oklahoma City with 28 employees and 7 locations, has over 30 years of experience blending, manufacturing and packaging custom liquids and solid chemicals for the oil, gas and agricultural industries. In addition to the oilfield and agricultural services provided by EES, Mr. Smith has grown the company to develop innovative products and applications for enzyme system technologies, livestock feed supplements, solar well treatment systems and specialized anti-corrosive coatings.
EES received the Metro 50 Award for being one of Greater Oklahoma City's fastest growing companies in 2015. In 2016, Melvin Smith received The Journal Record's award for Oklahoma's Most Admired CEOs.
Please visit the EES company website at www.eesokc.com.
Further announcements will be forthcoming.
Safe Harbor for Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause Enerlabs' actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as required by law, Enerlabs expressly disclaims any intent or obligation to update any forward-looking statements.
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CONTACT: Scott Shaw 405.879.1752
SOURCE Enerlabs, Inc.