Marmion Industries Corp. Announces Contract for $443,156.00 Project With DT Construction in Humble, TX HOUSTON, TX -- (MARKET WIRE) -- 03/08/2006 -- Marmion Industries Corp. (OTC BB: MMIO), a leading provider of industrial and commercial HVAC equipment and services, announced today the execution of a subcontract with D.T. Construction, LP. in the gross amount of $443,156.00. This subcontract formalizes the letter of intent previously announced by us on February 5, 2006. D.T. Construction and the Pasadena Independent School District, Pasadena, TX, have entered into a contract for the renovations at four area schools in Pasadena, TX. D.T. construction has subcontracted all of the HVAC work to be performed in the schools to Marmion Industries Corp.
DT Construction, Inc. is a Texas corporation with headquarters in a newly constructed facility in Humble, Texas and has been in business since 1996. D.T. Construction performs commercial construction projects as a prime contractor/general contractor. DT Construction, Inc. has been responsible for successfully completing many multimillion-dollar projects in a broad spectrum of commercial and, institutional settings.
"We are excited to join D.T. Construction on this new project in Pasadena, TX," said W. H. Marmion, President. "We also look forward to performing additional projects with D.T. Construction because of the recognition they have achieved in the Houston area," says Mr. Marmion.
"This contract represents a continuation of our expansion into the commercial sector and we believe this demonstrates the confidence that this market has in our company. We will continue to quote various commercial and institutional projects and expect to receive very positive feedback from the contractors we are working with. We have received, and continue to receive, numerous invitations for projects of all sizes and types since I joined the Commercial Division of the Company last fall," says John M. Daniels, Vice President, Commercial Division, Marmion Industries Corp.
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 Conditioning 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.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
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