MOORESVILLE, N.C., Jan. 4, 2012 /PRNewswire/ -- Coastal Integrated
Services, Inc. (PINKSHEETS CURRENT: COLV), today, announced that it
has agreed to terms with Maple Leaf Lubricants, Inc. to private
label HI-TEK25, 15W40 Diesel Motor Oil under the Maple Leaf flag to
be marketed and sold throughout Canada. Anticipated annualized revenues are
expected to exceed $4.5 Million.
Maple Leaf Lubricants has now contracted with Trans-Rep to
assist in the marketing and sales of HI-TEK25 throughout the
Canadian trucking industry.
"Trans-Rep are the most well respected and well connected group
in the Canadian trucking industry. In talking to some of the
trucking company owners at the TCA Annual Meeting here in
Canada in October, if Trans-Rep
gets behind a product, the Canadian truckers listen.", said
Robert Dickenson, VP of Maple Leaf
Lubricants, Inc.
"We are very excited here at Coastal to have both Maple Leaf
Lubricants and Trans-Rep behind HI-TEK25. It allows us to sell more
product which is good for the company and for the shareholders.
We've been working with the Maple Leaf group and they've been
wonderful and the couple of times I've met the Trans-Rep group,
they've been just as impressive," said Coastal president
Butch Conz.
There are over 300,000 long haul trucks in the Canadian market.
The Trans Rep agreement will provide Maple Leaf and COLV access to
this huge market.
About Coastal Integrated Services, Inc.
Coastal Integrated Services (www.coastalintegratedservices.com)
is a multi-faceted company with its focus in identifying
technologies and companies that can produce products that will
increase corporate revenue, shareholder value and reduce our
clients' carbon foot print (an environmentally conscious company).
The company will combine the experience of its people with the
strength of its strategic alliances to create and identify new
opportunities in the oil & gas, energy and transportation
industries. Through its newly acquired subsidiary Revolution
Products, the company plans to market and sell a full line of
superior lubricants to the transportation industry, with a focus on
saving fuel as well as reducing emissions and engine wear. The
company's primary focus will be to put its resources into marketing
the HI-TEK25 15W40 Diesel Motor Oil to trucking companies
nationwide. The company is confident that if prospective clients
test the product, they will change over their entire fleet after
viewing the result.
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby.
The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management, as well as assumptions made by any information
currently available to the Company or its management. When used in
this document, the words "anticipate," "estimate," "expect,"
"intend," "plans," "projects," and similar expressions, as they
relate to the Company or its management, are intended to identify
forward-looking statements. Such statements reflect the current
view of the Company regarding future events and are subject to
certain risks, uncertainties and assumptions, including the risks
and uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
Investor Relations
Eddie Cruz
Acer Communications, Inc.
949-390-0111
Info@acercinc.com
SOURCE Coastal Integrated Services, Inc.