DUNKIN' DONUTS(R) Franchisees Select Freedom Environmental Services, Inc (FESI) as Preferred Grease Collection Vendor
ORLANDO, Fla.--(BUSINESS WIRE)--Michael Borish, Chairman and Chief Executive Officer of Freedom Environmental Services, Inc. (Pink Sheets: FESI) announced today the execution of a contract with DUNKIN' DONUTSTM franchisees that provides for the company to collect and dispose of grease from multiple franchise sites. The grease is integral to the company's biofuel production strategy.
Mr. Borish noted that, "We are pleased that DUNKIN' DONUTSTM franchisees have the confidence to select Freedom as vendor of choice to safely dispose of their waste products. This contract, along with the recently announced agreement with McDonald'sTM Corporation franchisees, provides the significant grease feedstock inventory necessary for the company's stated annualized goal of producing 20 to 30 million gallons of Biodiesel by 2009."
Freedom Environmental Services, Inc. is an operating wastewater services company servicing commercial, institutional and municipal infrastructure customers and wastewater system protection programs. The company is developing and managing high yield liquid waste to Biodiesel and nutrients conversion programs driven by strategic acquisitions and its commercial customer base. Freedom Environmental Services, Inc.'s website is: www.freedomservicesflorida.com.
DISCLAIMER: This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.