TBSS International, Inc. Announces Contract for Trenching and Installation of Pipe
$400,000 Order to be Recognized in Current Quarter
TAMPA, Fla., Nov. 3, 2011 /PRNewswire/ -- TBSS International, Inc. (OTCQB: ANSH) ("TBSS"), an international service company with existing service contracts assisting companies involved in gold mining and oil drilling, announced today it has won a contract for trenching and installation of pipe valued at $400,000 with the revenue to be recognized in the current quarter.
The contract is for the installation of approximately 7,500 feet of High Density Polyethylene (HDPE) pipe for the connection of an oil separation unit with completion expected by December 15, 2011.
There will be a number of additional contracts to be announced in the near future with revenue to be recognized in the current quarter and first quarter, 2012.
Investors and shareholders are invited to send their e-mails to [email protected] to be added to the company's e-mail database for future press releases.
About Hydrasep, Inc.
Hydrasep was founded in 1995 to develop an oil/water separator that meets EPA storm water run-off regulations. Hydrasep engineers were instrumental in the development of ASTM Standard Practices for separator performance testing. In order to meet the needs in the field, Hydrasep developed a simple-to-operate, highly efficient and cost-effective separation technology.
Hydrasep separators are known in the industry for their ease of maintenance, durability, reliability and performance. The company continues to develop new products for oil/ water separation. Hydrasep's website is www.hydrasep.com.
About TBSS International, Inc.
TBSS International is a domestic and international service company with service contracts in different sectors such as gold mining, oil drilling, water well drilling, trenching and construction. The management team of TBSS has been in the construction industry since 1950 with a strong reputation for completing contracts on time and within budgets. The strength of TBSS emanates from the company's joint venture partners and their respective technological expertise. The corporate website is at www.tbssinternational.com
Safe Harbor Act: This communication contains certain comments or "forward-looking statements" that fall within the meaning of the Private Securities Litigation Reform Act of 1995. Such comments and statements are based largely on the company's current expectations and are subject to certain risks, trends and uncertainties. Words such as "anticipate", "estimate", "expects", "projects", "intends", "plans", "believes", and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such comments or forward-looking statements.
Forward-looking statements are not statements of historical fact. They are management's present expectations of future events, and include comments about the Company's business strategies and objectives, the prospects for growth in the Company's various business operations and the Company's future financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances that could cause actual results or events to differ materially from those anticipated in such statements.
Contact:
TBSS International
855-OIL-GOLD (855-645-4653)
SOURCE TBSS International, Inc.
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