Hudson Technologies
Expands Sales Network
New
Telesales Office to Initially Serve Mid-Atlantic and Southeast
Regions
Pearl River, New York – November 14, 2006 –
Hudson Technologies, Inc. (Nasdaq:
HDSN), a leading refrigerant services company specializing in
proprietary on-site decontamination services for large comfort and
industrial process cooling and refrigeration systems, today
announced that it has opened a second telesales office. The new
telesales office will initially concentrate on sales to the
mid-Atlantic and Southeastern regions of the
U.S.
“While Hudson Technologies serves customers across the
nation, our existing sales resources could not devote the sustained
attention needed to fully service certain markets, such as the
mid-Atlantic and Southeastern regions of the country,” said
Kevin Zugibe,
Chairman and CEO of Hudson Technologies. “The expansion of our sales
network provides new resources that will allow us to more fully
concentrate on the significant opportunities that we believe these
regions present. The new telesales office will focus on pursuing
refrigerant sales and reclamation services prospects and on
establishing service relationships in these regions.
“The opening of this new telesales office is an additional
milestone in our vision to further develop and grow our customer
base. Based upon the success of our initial telesales office, we
believe that this expanded sales network will over time lead to
higher-margin service opportunities. We are therefore encouraged by
the prospect of growth in both refrigerant and service sales that
this expansion represents and in the future we expect to add sales
resources for other regions of the country,” said Mr. Zugibe.
About
Hudson
Hudson
is a leading provider of innovative solutions to recurring problems
within the refrigeration industry. Hudson’s proprietary
RefrigerantSide® Services increase operating efficiency and energy
savings, and remove moisture, oils and other contaminants frequently
found in the refrigeration circuits of large comfort cooling and
process refrigeration systems. Performed at a customer’s site as an
integral part of an effective scheduled maintenance program or in
response to emergencies, RefrigerantSide® Services offer significant
savings to customers due to their ability to be completed rapidly
and at higher purity levels, and can be utilized while the
customer’s system continues to operate. In addition, the Company
sells refrigerants and provides traditional reclamation services to
the commercial and industrial air conditioning and refrigeration
markets. For further information on Hudson, please visit the
Company’s web site at www.hudsontech.com.
Safe
Harbor Statement
Statements contained herein, which are not historical facts
constitute forward-looking statements, involve a number of known and
unknown risks, uncertainties, and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, but are not limited to, changes in
the demand and price for refrigerants, including unfavorable market
conditions adversely affecting the demand for, and the price of
refrigerants, the company’s ability to source CFC and non-CFC based
refrigerants, regulatory and economic factors, seasonality,
competition, litigation, the nature of supplier or customer
arrangements which become available to the company in the future,
adverse weather conditions, possible technological obsolescence of
existing products and services, possible reduction in the carrying
value of long-lived assets, estimates of the useful life of its
assets, potential environmental liability, customer concentration,
the ability to obtain financing and other risks detailed in the
company’s periodic reports filed with the Securities and Exchange
Commission. The words believe, expect, anticipate, may, plan, should
and similar expressions identify forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statement was made.
Contact:
Eric Anderson
Coltrin & Associates
212-221-1616 ext.117
eric_anderson@coltrin.com
Jenel Stevens
Coltrin & Associates
212-221-1616 ext.125
jenel_stevens@coltrin.com
