Meridian Waste Solutions Acquires Mobile Science Technologies, Inc.
April 28 2017 - 8:30AM
Access Wire
Strengthens Technology
Platform
Will Advance Communications
and Engagement With Customers
ATLANTA, GA / ACCESSWIRE /
April 28, 2017 / Meridian Waste Solutions, Inc.
(NASDAQ: MRDN) ("Meridian Waste" or the "Company"), a vertically
integrated, non-hazardous solid waste services company, today
acquired Mobile Science Technologies, Inc., a technology service
provider and builder of innovative apps. Mobile Science
Technologies, Inc. will operate as wholly-owned subsidiary of
Meridian Waste.
"Technology and innovation are critical to the growth and
success of Meridian Waste," stated Jeffrey Cosman, Chairman and CEO
of the Company. "We plan to be the leaders within the environmental
industry by showcasing the communications and engagement that can
be created between our customers, including governments, residents
and businesses, and our solid waste marketplace operations in St.
Louis, Missouri, Richmond, Virginia and future locations by
utilizing the talent of our IT development team and the speed and
accuracy of today's mobile technologies."
Mobile Science Technologies, Inc. develops and operates
technology supporting Apple (IOS), Google (Android), ASP.NET /
MSSQL, PHP / MYSQL, websites, hosting and security. The tech firm
has been developing web-based software and mobile applications for
the last six years.
Bright City is a product with a current customer base in
Delaware and Georgia: http://www.BrightCityApps.com. Bright City
was developed to help local governments streamline internal and
external communications, expand community policing and security,
expedite the flow of information to governmental departments,
report information and issues faster and more accurately, generate
revenue via event and ticket sales and build trust among local
governments and their citizens.
About Meridian Waste Solutions, Inc.:
Meridian Waste Solutions, Inc. (NASDAQ: MRDN) is a company
defined by our commitment to servicing our customers with
unwavering respect, fairness and care. We are focused on finding
and implementing solutions to solid waste needs and challenges
within the industry and for our customers. Meridian Waste's core
business is centered on residential and commercial waste collection
and disposal but it also includes a fundamental objective to seek
rewarding environmental solutions through technology and
innovation. Currently, the company operates in St. Louis, Missouri
and Richmond, Virginia servicing over 113,000 residential,
commercial, industrial and governmental customers. In addition to a
fleet of commercial, residential and roll off trucks, the Company
operates four transfer stations, one recycling facility and three
municipal solid waste landfills.
For more information, visit www.MWSinc.com.
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve certain risks and uncertainties. The actual results or
outcomes of Meridian Waste Solutions, Inc. may differ materially
from those anticipated. Although Meridian Waste Solutions, Inc.
believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any such assumptions
could prove to be inaccurate. Therefore, Meridian Waste Solutions,
Inc. can provide no assurance that any of the forward-looking
statements contained in this press release will prove to be
accurate.
In light of the significant uncertainties and risks inherent in
the forward-looking statements included in this press release, such
information should not be regarded as a representation by Meridian
Waste Solutions, Inc. that its objectives or plans will be
achieved. Included in these uncertainties and risks are, among
other things, fluctuations in operating results, general economic
conditions, uncertainty regarding the results of certain legal
proceedings and competition. Forward-looking statements consist of
statements other than a recitation of historical fact and can be
identified by the use of forward-looking terminology such as "may,"
"intend," "expect," "will," "anticipate," "estimate" or "continue"
or the negatives thereof or other variations thereon or comparable
terminology. Because they are forward-looking, such statements
should be evaluated in light of important risk factors and
uncertainties. These risk factors and uncertainties are more fully
described in Meridian Waste Solutions, Inc.'s most recent Annual
and Quarterly Reports filed with the Securities and Exchange
Commission, including under the heading entitled "Risk Factors."
Meridian Waste Solutions, Inc. does not undertake an obligation to
update publicly any of its forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
Media Contact:
Hayden IR
IR@MWSinc.com
(917) 658-7878
SOURCE: Meridian Waste Solutions, Inc.
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