HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Bio-Clean International, Inc. (Pink Sheets:BCLE - News) (www.biocleaninternational.com) announced today that according to an SBA News Release of August 21, 2009, “Small Businesses Won a Record $93.3 Billion in Federal Contracts,” of which $6.4 billion were awarded to Service-Disabled Veteran-Owned Small Businesses.”
John P. Finn, President of American Bio Clean Corporation said, “According to the SBA Annual Contracting Scorecard, small businesses won a record $93.3 billion in federal prime contracts in Fiscal Year 2008 (October 1, 2007-September 30, 2008), an increase of almost $10 billion from 2007. Of this amount awarded, $6.4 billion went to the Service-Disabled Veteran-Owned Small Business sector. Bio-Clean International affiliate companies are qualified as Service-Disabled Veteran-Owned Small Business (SDVOSB) contractors, and we are aggressively bidding on major US government contracts through the GSA, Environmental Protection Agency, Department of Labor, Veterans Affairs, and others.”
Mr. Finn went on to say, “Each federal agency has a different small business contracting goal, determined annually in consultation with the SBA. The goal for each and every federal agency is to spend 3% of their annual budget, which is mandated by law. There are also goals for counties, cities, and states when it comes to SDVOSB’s, and Bio-Clean International and its affiliates are qualified to bid in virtually all cases. If the 3% mandated guideline is followed, $28 billion in contracts should be awarded to SDVOSB’s in 2009, and our mission is to fulfill as much as $100 million of those contracts in 2010.”
About Bio-Clean International, Inc.
Bio-Clean International, Inc. recognizes the problems facing our environment. Our exclusive, non toxic, bio-remediation fluids provide an environmentally safe solution. Our exclusive products and machines have been tested and shown to be in complete compliance with environmental regulations: in other words, “Cleantech.”
Our majority-owned subsidiary, American Bio-Tech Cleaning, Inc. (ABT), designs and manufactures customized parts and weapons washing/cleaning systems that are so eco-friendly, using a water-based cleaning fluid integrated with a self contained bio-remediation process. We also own a minority interest in American Bio-Clean Corporation (ABC), which markets and distributes our cleaning fluids and parts/weapons cleaning machines. ABC is a Service-Disabled Veteran-Owned Business (SDVOB) that is certified and meets the Federal-mandated 3% minority spending requirements. Similar mandated spending requirements adopted by most states vary from 3% to 20%. Additionally, many private sector companies have targeted goals for suppliers.
We also maintain a minority interest in Veterans Training Corporation, (VTC), which is also a SDVOB business based in Southern California and provides a wide range of training programs for a variety of clients including the U.S. Department of Defense. In addition, VTC provides training programs for the private sector such as its OSHA safety-training programs for the construction industry.
About World Market Media, Inc.
World Market Media utilizes cutting edge social media platforms to connect the world's securities exchanges and their various investment communities with the goal of creating the world's first Global Online Investment Community. WMM implements innovative media solutions to produce real world market results for clients delivering in-house services including public and investor relations, advertising, marketing, social media, web-traffic, search marketing, web development, branding and audio/video and motion graphics production.
World Market Media will consistently release breaking news and content updates on Bio-Clean International at: www.WorldMarketMedia.com/BCLE.
For more information about Bio-Clean International, Inc. please visit our website, http://www.biocleaninternational.com.
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Pink Sheets. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
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