CHICAGO--(BUSINESS WIRE)--JNS Holdings Corporation (OTC Markets Group: JNSH) releases news on additional work completed. JNS Power & Control Systems, Inc. has just completed (4) substations totaling $114,000. This fire alarm work was to upgrade the existing special hazard system. After a very busy past few months we completed these projects on time and within budget. We would also like to add that the Burbank Schools project has also been completed for an additional $77,000. This is also the first phase of the project phase two is to begin this summer which will consist of the building automation system. Additional work has begun and will be released in future press releases.
“We would also like to state that as of December 31st, 2012 Jean Howe has resigned as President of JNS Holdings and in the coming weeks we will release news as to who our new President will be.”
“With 2013 just beginning we are excited with the amount of proposals released and the potential of our future work load. Even though the electric vehicle charger work has been put on hold due to lack of payment we feel that this also will begin again soon as the city is looking into several deals to get it back up and running again. With 106 chargers still needed to be completed and a budgeted install of $3,300,000 by the end of 2013 we feel that a portion of that we will be able to pull in,” said Sheryl Sittig, Vice President. “We would also like to state that as of December 31st, 2012 Jean Howe has resigned as President of JNS Holdings and in the coming weeks we will release news as to who our new President will be.”
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.