Transfer Technology International Corp. Creates X-Terminate Pest Management Inc. Subsidiary
TAMPA, Fla., April 9, 2013 /PRNewswire/ -- Transfer Technology International Corp. (OTC Pink: TTIN) announced today that it has created a new subsidiary to re-launch its pest control management business model. The new Florida Corporation is named X-Terminate Pest Management Inc. and will focus on Termite Control, General Pest Control (GHP) and Lawn and Ornamental (L&O) services.
Transfer Technology International Corp previously owned X-Terminate Inc., a fully licensed pest control operation that was a leader and dominant player in the industry utilizing "XT-2000" orange oil for organic safe eradication of dry wood termites in the Tampa Bay area. On November 17, 2012, the Company voluntarily allowed its license with the state of Florida to lapse due to the retirement of its Certified Operator and the parent Company's focus on technology initiatives. Given Transfer Technology's new overall business strategy to acquire highly profitable enterprises focused on year-round property maintenance services, management has decided to re-launch its pest control management business model and to leverage the marketing and customer base built over three years by X-Terminate, Inc.
X-Termite Pest Management Inc. will be led by Richard Tellone, a Senior Master Termite inspector and technician and former Vice President of X-Terminate Inc. "I am very excited to be working with Richard again. As the former President of X-Terminate Inc. I know first-hand the opportunity this provides for our new business model. Enviro-Serv is focused on highly profitable enterprises with impeccable customer service reputations that enable cross-marketing functionality across subsidiaries. X-Terminate built a successful business that provided high quality services in the Tampa Bay area. We are pleased that we will be able to leverage their reputation and management expertise to aggressively penetrate the market," stated Christoph Trina, Chairman and CEO of Transfer Technology International Corp.
Transfer Technology International Corp. has recently amended its Articles of Incorporation with the state of Delaware for a name change to Enviro-Serv, Inc and is in the process of filing the corporate action with FINRA.About Transfer Technology International Corp. Transfer Technology International Corp. (OTCPK: TTIN) is a Tampa based corporation specializing in providing property maintenance services in geographically concentrated warm climate states. Through an aggressive acquisition strategy, the Company is building a portfolio of highly profitable enterprises that offer year round services such as pest control management, lawn and landscaping care, pool maintenance, air conditioning/refrigeration installation and repairs and a host of additional onsite maintenance offerings. Forward-Looking Statements - This press release contains "forward-looking statements" 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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Transfer Technology International Corp. undertakes no obligation to update such statements.
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