LAKE OSWEGO, Ore.--(BUSINESS WIRE)--T5 Corp. (OTCBB:TFIV) is negotiating two long-term contracts in the Middle East with two of the largest environmental companies in the region. Jesus Solis, responsible for International Business Development, stated, "The contract opportunities are with companies that have ongoing multi-million-dollar cleanup contracts. The contracts are with the largest oil and gas and petro-chemical companies in the Middle East." Although both environmental companies are financially strong and experienced, both require additional technologies and technical assistance to complete their projects. Fortunately, T5 Corp. is in a position to provide both the necessary innovative technology and the technical advice.
“The contract opportunities are with companies that have ongoing multi-million-dollar cleanup contracts. The contracts are with the largest oil and gas and petro-chemical companies in the Middle East.”
Contract negotiations will include the supply of equipment, as well as the technical oversight of the projects. The projects are in three different Middle East countries. The contracts are expected to be five-year deals with guaranteed quantities of material to remediate. Patrick Garrett, T5 Corp. CEO, stated, "We are very fortunate we entered into the Middle East market at the time we did. The workload is unlimited and the projects are in desperate need of our technologies -- technologies the T5 team has operated throughout the world for the past 20 years. When testing of our new technology is completed this week we expect opportunities to increase further."
ABOUT T5 CORP.
T5 Corp. is a technology company providing remediation and recycling services to the oil and gas industry. T5’s management team has more than 100 years of combined experience in remediation projects and has designed, built and operated successful remediation projects throughout the world for more than 20 years. For more information, visit www.t5corp.com.