Pest Control Industry News - Pest Control Company Acquisition Negotiations Announced By RedwoodChemical.com and DGW Financial Lt

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Dgw Financial Ltd (MM)	NASDAQ:DGFJ	NASDAQ	Common Stock

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Pest Control Industry News - Pest Control Company Acquisition Negotiations Announced By RedwoodChemical.com and DGW Financial Lt

13/05/2005 2:30pm

PR Newswire (US)

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Pest Control Industry News - Pest Control Company Acquisition Negotiations Announced By RedwoodChemical.com and DGW Financial Ltd. HOUSTON, May 13 /PRNewswire/ -- On-line pest extermination products sales and marketing company, RedwoodChemical.com, Inc. has initiated negotiations to acquire an established Texas based pest control company. DGW Financial Ltd. (OTC Pinksheets: DGFJ) and RedwoodChemical.com (visit http://www.redwoodchemical.com/) recently announced a merger agreement. RedwoodChemical.com has developed a three-pronged growth program to build assets, expand sales potential, increase revenues and enhance profitability. The company is currently negotiating the acquisition of a pest extermination company with 15 trucks and over $1,500,000 in annual revenue. They have established accounts with a number of major commercial and real estate companies and numerous residential service accounts. Richard Markle, CEO of RedwoodChemical.com, stated, "As a result of the our merger with DGW Financial Ltd. (DGFJ.PK) we have attracted considerable attention. This newest acquisition target is an example of the corporate growth we should be able to achieve as part of a publicly traded company." About RedwoodChemical.com Structured to succeed in today's economy, RedwoodChemical.com represents a unique growth company that has been spun out from a Houston, Texas based specialty chemical products formulator and distributor established in 1948. Visit http://www.redwoodchemical.com/redwood-profiles.htm for corporate, growth and investment profile information. Customers can save money on stronger, professional strength products that offer longer lasting, residual power for killing ants, roaches, fleas, termites and other pests. For a complete overview of pest control products available visit http://www.redwoodchemical.com/pest-supplies.htm. Safe Harbor Forward-Looking Statements: This release contains "forward-looking" statements as defined in Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, the ability to continue to develop markets, general economic conditions, the ability to secure additional financing and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission. Contact: Redwoodchemical.com, Inc.: (281) 564-3700, e-mail http://www.redwoodchemical.com/ DATASOURCE: RedwoodChemical.com, Inc. CONTACT: Redwoodchemical.com, Inc.: +1-281-564-3700, Web site: http://www.redwoodchemical.com/

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DGFJ Dgw Financial Ltd (MM)