ACR Group Names Investor Relations Firm
26 6월 2006 - 7:31PM
PR Newswire (US)
Retains Small-Cap Specialist Lambert, Edwards & Associates
HOUSTON, June 26 /PRNewswire/ -- ACR Group, Inc. (AMEX:BRR), a
leading national wholesale distributor of heating, ventilating, air
conditioning and refrigeration ("HVACR") equipment and supplies,
today announced it has retained Lambert, Edwards & Associates,
Inc. to manage its investor relations activities. Houston-based ACR
Group, Inc. said that Lambert, Edwards & Associates will assist
the Company in communicating its growth strategy to shareholders,
the investment community and financial media. ACR recently moved
from the OTC Bulletin Board to the American Stock Exchange and
posted strong financial results for the year ended February 28,
2006. "With 51 branch locations throughout the country and annual
revenue in excess of $200 million, we are one of the largest,
publicly traded distributors in the $25 billion HVAC distribution
market," said Alex Trevino, Jr., president and CEO of ACR Group.
"Despite our strong financial performance in FY06, the investment
community remains largely unfamiliar with our story. We look
forward to tapping the investor relations expertise of Lambert,
Edwards & Associates in attracting increased interest and
investment in the Company." "During the past decade, ACR Group has
grown into one of the premier HVAC distributors in the Sunbelt
region, supported by a series of acquisitions, new product
additions and strategic partnerships with some of the world's pre-
eminent HVAC equipment manufacturers," said Jeff Lambert, managing
partner of Lambert, Edwards & Associates. "By communicating the
Company's emerging growth story to the investment community, we aim
to increase shareholder value and liquidity for the Company, while
building sustained interest in the story." About ACR Group, Inc.
ACR Group, Inc. is a wholesale distributor of air-conditioning,
heating, and refrigeration ("HVACR") equipment, parts and supplies.
Houston-based ACR Group, Inc. (http://www.acrgroup.com/ ) owns and
operates 51 branch locations that are organized into five business
units covering nine states. The Company's sales are made
substantially to contractor dealers and institutional end-users.
About Lambert, Edwards & Associates Lambert, Edwards &
Associates (http://www.lambert-edwards.com/ ) is a leading public
relations and investor relations firm with more than 70 clients in
17 states. Based in Grand Rapids, Mich., LE&A works extensively
with small- and mid-sized companies in three practice groups:
Business & Financial Services, Consumer and Healthcare &
Technology. Forward-Looking Statements Statements in this release
that relate to management's expectations or beliefs concerning
future plans, expectations, events, and performance are
"forward-looking" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Actual results or
events could differ materially from those anticipated in the
forward-looking statements due to a variety of factors including,
without limitation, weather conditions, the effects of competitive
pricing, general economic conditions, and availability of capital.
For more detailed information on the risks and uncertainties
associated with these forward-looking statements and the Company's
other activities, see the periodic reports filed by the Company
with the Securities and Exchange Commission such as Form 10-K, Form
10-Q and Form 8-K. DATASOURCE: Lambert, Edwards & Associates
CONTACT: Noel Ryan or Erica Noll of Lambert, Edwards &
Associates, Inc., +1-616-233-0500 Web site:
http://www.acrgroup.com/ http://www.lambert-edwards.com/ Company
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