COMMERCE CITY, CO -- (MARKET WIRE) -- 01/27/09 -- Strategic Environmental & Energy Resources, Inc. (SEER) (PINKSHEETS: SENR), a leading provider of technology-based industrial services in the environmental, energy, and rail transportation sectors, today announced it expects to file its 2008 and 2007 audited financial statements with the Securities and Exchange Commission by March 31, 2009.
J John Combs III, president and CEO of SEER, said, "We decided that investors would be better served by having our most recent year-end audited results for 2008 at the same time we released our initial financial information, so we expect to release both years prior to the end of the first quarter." The company's initial plan was to file its required two-year audited financials (2006 and 2007) followed by its current filings.
The audits are being conducted by GHP Horwath, P.C., SEER's PCAOB registered independent accounting firm. The auditors are scheduled to commence their field work for the 2008 audit on February 2. Moving forward, SEER expects to file regular quarterly financial statements on Form 10Q along with its annual 10K filings.
About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. is a leading provider of technology-based industrial services in the environmental, energy, and rail transportation sectors. The Company has three operating subsidiaries: REGS, LLC (d/b/a Resource Environmental Group Services), which provides industrial services to companies in the petroleum, industrial, manufacturing, and medical industries, as well as to university, government and environmental consulting sectors; Tactical Cleaning Company, LLC, a dedicated fixed and mobile railcar and tanker truck cleaning company with operations in Colorado, Nebraska, Pennsylvania and Oklahoma, and immediate plans to expand into additional states; and MV, LLC, an innovative developer and provider of technology-based renewable energy alternatives and environmental solutions related to emission and vapor control. Together, these companies provide industrial and tank cleaning services, hydroblasting services, environmental construction services, management and transportation of industrial wastes, railcar and tanker truck cleaning, sludge dewatering services, vapor and emission control technologies, renewable energy alternatives, and general environmental and waste management services.
For more information, go to: http://www.seer-corp.com.
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for filing audited financial statements with the SEC are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
Company Contact: J John Combs III President Strategic Environmental & Energy Resources, Inc. 303-295-6297 Investor Relations Contact: Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303-393-7044 Email Contact
Released January 27, 2009