Streicher Mobile Fueling Adds Florida Department of Transportation to Alternative Fuel Program
14 July 2000
Streicher Mobile Fueling Adds Florida Department of Transportation to Alternative Fuel Program
FORT LAUDERDALE, Fla.--July 14, 2000--Streicher Mobile Fueling, Inc. , today announced the addition of the Florida Department of Transportation to its Alternative Fuel Program.Stanley Streicher, Chairman said, "We are pleased that the Florida Department of Transportation has joined with the U.S. Postal Service in taking the lead in Southern Florida in emission control. We at Streicher Mobile Fueling have expended a great deal of time and research in the handling of bio-diesel and ethanol, and are gratified to be working with such responsible partners as the U.S. Post Office and the Florida Department of Transportation." Mr. Streicher continued, "We feel this part of our business will be an increasingly important segment of the total Streicher Mobile Fueling Service."
Streicher Mobile Fueling, Inc. provides mobile fueling services, primarily to customers which operate large fleets of vehicles (such as national courier services, major trucking lines, hauling and delivery services, utilities and governmental agencies). Company-owned custom fuel trucks deliver fuel on regularly scheduled or as needed basis directly to vehicles at customers' locations, assuring the Company's customers a dependable supply of fuel at competitive rates. The Company uses its patented proprietary electronic fuel system to measure, record, and track fuel dispensed to each vehicle fueled at a customer location. This allows the Company to verify the amount of fuel delivered and provides its customers with customized fleet fuel data for management analysis and tax reporting.
Safe Harbor Statement except for the historical data contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, and actual results could differ materially from those expectations. Among the factors that could cause actual results to differ materially are the timing and success of the Company's expansion activities, the Company's ability to develop new customers and locations, the volatility of the prices and supply and demand for oil and gas, the usual hazards associated with the oil and gas transportation industry (including spills, explosions, and other unforeseen hazards), trends in outsourcing, competition from companies with greater resources, and increases in regulatory requirements. Please read the section entitled "Certain Factors Affecting Future Operating Results in the Company's Annual Report on Form 10-K on file with the Securities and Exchanges Commission.
