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Author Topic: Zenex Announces New Contracts
rider3160
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2005-10-12 14:01:01
Zenex Announces New Contracts and Status of FEMA Contract

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Business Editors / Building/Construction Writers

OKLAHOMA CITY, Okla.--(BUSINESS WIRE)--Oct. 12, 2005--
Ron Carte, Chairman/CEO of Zenex International, Inc.
(OTCBB:ZENX) announced that Aduddell Roofing and Weatherproofing,
(Zenex's operating subsidiary) has signed or started twenty-three new
roofing contracts in its core commercial roofing business in the third
quarter of 2005. These new contracts are expected to result in
approximately $5.2 million of gross revenues during the third and
fourth quarter of 2005. The new contracts are with such well-known
organizations as Hyatt Regency Hotels, Hospital Corporation of
America, and Renaissance Hotels, as well as a major re-roofing project
at Los Alamos National Laboratory. Ron Carte stated, "These contracts
expand our exposure and presence of operations across America,
including White Plains, N.Y.; Marietta, Ga.; and the desert mountains
of New Mexico."
Carte also announced that, as of September 30, 2005, Aduddell
Roofing had completed temporary roofs of approximately 13,000
Mississippi homeowners. This represents 24,583,000 square feet of
roofing, or the completion of approximately 75% of its previously
announced $60 million contract with The Corps of Engineers. Tim
Aduddell, President and CEO of Aduddell Roofing, states, "We are
making tremendous progress in the State of Mississippi assisting
residents and enabling them to move back into their damaged homes."
The entire contract is expected to be completed by the middle of
November.
Ron Carte also stated, "We are obviously pleased with the
continued success of our company. We are looking forward to the fourth
quarter results and are continuing to evaluate areas to improve and
enhance our company and shareholder value."
Safe Harbor - This press release contains certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those projected in the forward-looking
statements as a result of various factors.

[ October 12, 2005, 15:09: Message edited by: rider3160 ]

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