CybeRelease: (OTC: MMIO) Receives Letter if Intent for $950,000 Contract
(CybeRelease, July 21, 2006) - Lake Harmony, PA - Marmion Industries Corp (OTC Bulletin Board: MMIO) (Frankfurt: M6IA.F) announced today the receipt of a Letter of Intent from JOA Construction of Houston, Texas to perform the HVAC renovations for the DeBakey High School in Houston, TX. Marmion provided a quote, which would generate in excess of $950,000, if ultimately accepted by JOA Construction. While Marmion has received oral assurances regarding acceptance of their quote, a final contract is in the final stages of being finalized and has not yet been delivered. Marmion will disclose all terms once a final contact has been signed. A final contract is expected to be signed in the next two weeks. This new project is due to commence in mid to late August with projected completion date in late summer of 2007. ’’We are truly excited to join JOA Construction on this new project in as we continuously entrench our company into the commercial sector’ said W. H. Marmion, President.
Marmion Industries Corp (http://www.marmionair.com ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally, there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heating Ventilation and Air Conditions and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele. Contact number 713-466-6585.
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