HOUSTON, Sept. 25 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC
Bulletin Board:
MMIO -
News), (the "Company") --
an emerging manufacturer and modifier of heating, ventilation, and air
conditioning (HVAC) equipment -- today announced a sizeable repeat order from
a preferred industrial customer for use in a ConocoPhillips project.
Commenting on today's news, CEO W.H. Marmion stated: "We are quite pleased
with this project and the opportunity to be a part of a much greater scope of
work. This is not the first project we have done going to ConocoPhillips as an
end user. We have built equipment for many major petrochemical companies and
have equipment installed and operating around the world. We continue to strive
to improve our products and services that we offer to our expanding customer
base."
With nearly 33,000 employees worldwide and approximately $171 billion in
assets, ConocoPhillips, is a top-three leading U.S. integrated oil and gas
company. Currently operating in more than 40 countries, out of all
non-government controlled organizations, ConocoPhillips is the fifth-largest
global refinery based on crude oil capacity and owns the sixth-largest total
of proved oil & gas reserves in the world. ConocoPhillips is highly regarded
within the petrochemical industry as a technological leader and the company's
application of Marmion Industries products exhibits their industry leading
quality.
In a testament to the enormous growth potential in this key target market,
the International Energy Agency estimates that the total investment required
in the oil and gas sectors over 2005 to 2030 will amount to more than $8
trillion. The recent progress made by Marmion Industries Corporation in the
industrial segment of the HVAC industry is exhibited by both second quarter
and first half industrial sales which reach $691,000 and $1,700,000
respectively, up from $433,000 and $868,000 during 2006.
About Marmion Industries Corporation
Marmion Air Service specializes in Explosion-Proof Heating, Ventilation,
Cooling Pressurization and chemical filtration solutions for mission-critical
applications. Our reputation is based on superior equipment and service, from
south Texas and Louisiana refineries to drilling rigs and chemical plants in
Saudi Arabia and South America. Our products are designed for application in
Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect.,
medicine, and Aerospace. Marmion Air Service commenced operation in Texas in
1998 in residential and commercial HVAC service. The Texas Department of
Licensing and Regulation -- TACLA019367C -- recognizes the company as a
contractor in the field of Heat Ventilation and Air Conditioning. The company
is in the process of working towards third party certifications on selected
manufactured equipment.
Further information on Marmion Industries is available at:
http://www.marmionair.com and
http://www.microstockprofit.com
Forward Looking Statements
The information in this news release includes certain forward-looking
statements that are based upon management's expectations and assumptions about
certain risks and uncertainties that can affect future events. Although
management believes these assumptions and expectations to be reasonable on the
date of this news release, these risks and uncertainties may cause actual
events to differ material from managements those contained in this news
release. The risks and uncertainties include, but are not limited to,
continuing as a going concern, availability and cost of our present vendors
and suppliers, and absence of any change in government regulations or other
costs associated with data transmission over the Internet or termination of
transmissions in foreign countries.
Contact:
Seacoast Advisors
IR@seacoastadvisors.com
(888) 945-2110
