National Storm Management (CE) (USOTC:NSMG)
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From May 2019 to May 2024
National Storm Management, Inc. (Other OTC:NSMG) announced today that it
has opened a new office in the city of Texarkana, located in Texas and
Arkansas, to capitalize on an estimated $150 million in storm-related
damage from a recent hail storm. The Company recently hired a sales
force to respond to the opportunities. The new office is part of its
strategy to provide first-responder services surrounding storm activity.
“We continue to capitalize on opportunities
created by storm activity, as there is significant demand for companies
such as ours, which can respond quickly with a skilled labor force,”
said Terry Kiefer, president and CEO of National Storm Management. “We
believe the regional offices we and our affiliates have created will
allow the Company to quickly and efficiently respond to storm-related
events throughout many regions of the country, particularly later this
year when forecasters expect a very active Hurricane Season.”
Recently, the Company opened a new office in Alpharetta, Georgia, a
suburb of Atlanta, to capitalize on recent storm activity in the area.
As a result of recent tornadoes and hail damage, metropolitan Atlanta
sustained approximately $250 million in damage. National Storm expects
to open two new branch offices annually to capitalize on opportunities
created by storm activity. The Company currently has other offices,
through its affiliates, in Illinois, Indiana, Kentucky, Florida and Ohio.
About National Storm Management, Inc.
National Storm Management is a national construction company
headquartered in Glen Ellyn, Illinois providing storm restoration
services in seven states. Its operating affiliates include: ABC
Exteriors (Illinois, Indiana and Kentucky); Pinnacle Roofing (Florida)
and First Class Roofing and Siding (Ohio). The company and its
affiliates are recognized by all major insurance companies such as State
Farm, Allstate, Farmers and others for storm related claims. The company
is a member of the National Roofing Contractors Association (NRCA) and
the Better Business Bureau. More information is available at www.nationalstorm.com.
Forward-Looking Statements
Certain statements included in this press release may constitute
forward-looking statements. These forward-looking statements relate to,
among other things, plans and timing for the introduction or enhancement
of our services and products, statements about future market conditions,
financial performance, plans to update a registration statement with the
SEC, and other expectations, intentions and plans contained in this
press release that are not historical fact and involve risks and
uncertainties. Our expectations regarding future revenues depend upon
our ability to develop and supply products and services that meet
defined specifications. When used in this press release, the words
"plan," "expect," "believe," and similar expressions generally identify
forward-looking statements. These statements reflect our current
expectations, but actual results could differ materially as a result of
many factors, including, but not limited to, severe weather conditions
and the physical damage caused by hail storms and hurricanes,
fluctuations in interest rates and the resulting impact on financing
costs, general economic developments in the states where we do business,
availability of labor, materials and supplies, our ability to execute
our future growth plans and our ability to timely and accurately prepare
quarterly and annual financial statements. Forward-looking statements
are made as of this press release and we do not undertake any obligation
to provide updates to such statements except where required to so by law.