PALM CITY, Fla., Sept. 21, 2015 (GLOBE NEWSWIRE) -- CPSM, Inc. (OTC Pink:SWMM) (PinkSheets:SWMM) Today the Florida based pool & spa industry aggregator announced they are under contract for the purchase of a larger facility due to its growth.
Lawrence Calarco, Chairman of CPSM, Inc., commented, "Our impressive growth has pushed us to the limits with our current location. The new facility will have room to accommodate our current business and provide us the needed space for our ever expanding, new plastering division (Custom Pool Plastering Inc, www.cpoolplastering.com). The past year has seen tremendous expansion however, the horizon looks even brighter."
The new location has approximately 5,600 square feet under roof and a secure yard for the service fleet and chemical storage. Closing on the property is expected in mid-October.
CPSM, Inc. is a publicly held company serving the rapidly expanding pool and spa maintenance, design, and construction industry in Florida.
Safe Harbor Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.