|By Business Wire||
|January 8, 2014 07:00 AM EST||
Carlos Arreola, President of Service Team Inc., announced today that Service Team Inc. has completed its year end report which includes the acquisition of Trade Leasing, Inc. The report has been filed on Form 10-K and is available on the web site sec.gov current reports. The Company reported sales of $1,017,446 and if the one-time charges and imputed costs for the acquisition are not counted, the Company showed a profit of $101,892. Trade Leasing, Inc. is a manufacturer and repairer of trucks and truck bodies. Trade Leasing, Inc. and their Delta Stag division have a full product line of truck bodies for both the dry freight and the refrigerated trucking industry. Trade Leasing Inc.’s fabrication plant in South Gate, California, is a complete facility for manufacturing and modifying truck bodies. Mr. Arreola stated: “I am very pleased to report the results this acquisition. It indicates that the Trade Leasing division will continue to be profitable. We look forward to a record year in 2014. Further information about Trade Leasing, Inc. can be obtained from the web site: deltastag.com
Service Team Inc. is a public company with its stock listed on the OTC-BB using the symbol SVTE.
For more information, review the Company’s web site at: www.serviceteaminc.com or call Carlos Arreola, President, at the Company’s office (855) 830-8111; or, Robert Cashman, Secretary, at (714) 538-5214.
The information contained herein contains certain forward looking statements within the meaning of Section 27A of the Securities Act as amended and Section 21E of the Securities Exchange Act as amended and the Private Securities Litigation Reform Act of 1995 and is subject to the Safe Harbors created thereby. While the Company believes that the assumptions underlying such forward looking information are reliable, any of the assumptions could prove inaccurate and therefore there could be a difference between the actual and predicted results.
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