Service Team Inc. Acquires Trade Leasing, Inc.
Carlos Arreola, President of Service Team Inc., announced today that Service
Team Inc. has signed a firm Letter of Intent to acquire Trade Leasing,
Inc. of South Gate, California. Trade Leasing, Inc. is a
manufacturer and repairer of trucks and truck bodies. Service
Team Inc. is taking the immediate steps to complete the acquisition and
anticipates its being completed during the month of April, 2013. 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 expand
our company into the trucking industry. This enables us a larger
market place to develop our service business.” Further
information about Trade Leasing, Inc. can be obtained from the web site: www.deltastag.com
Service Team Inc. is a national provider of warranty repairs for
electronic products and household appliances. Service Team Inc. has
developed a diagnostic computer program for televisions whereby a
customer service representative can ask questions of a warranty claimant
and the program will diagnose the problem and order the necessary parts
for repair. The program allows the repair to be completed in a single
service call. Mr. Arreola stated that the combination of
Service Team Inc. and Trade Leasing, Inc.’s organizations makes Service
Team Inc. immediately profitable.
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.