BELIZE CITY, Belize, Feb. 10 /PRNewswire/ -- BHI Corporation
(Nasdaq: BHIKF), a leader in outsourced facilities services in North America,
announced today it will change its NASDAQ ticker symbol from "BHIKF" to
"BHIK". The change will take place before the market opens on Thursday,
February 11, 1999.
"This simpler symbol is consistent with BHI's streamlined structure and
firm focus on business opportunities in North America," said BHI Chairman and
Chief Executive Officer, Michael A. Ashcroft. "Our facilities services
business, recently renamed OneSource, is growing both internally and through
acquisitions, and offering an expanded range of services. The name change
reflects our intention to be the OneSource for facilities services solutions
as more building managers turn to outsourcing."
BHI Corporation is a leader in the outsourced facilities services sector
in North America and provides janitorial, landscaping, security services,
general repair and maintenance and other specialized services to more than
10,000 commercial, institutional and industrial accounts. The company also
owns and operates selected businesses in Central America. BHI prepares its
financial statements in US dollars and according to US GAAP.
Forward-Looking Statement
Certain statements in this press release constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. In particular, statements contained herein regarding expectations
with respect to future revenue and business expansion, are subject to known
and unknown risks, uncertainties and contingencies, many of which are beyond
the control of BHI, which may cause actual results, performance or
achievements to differ materially from anticipated results, including, among
others, overall economic and business conditions, the demand for BHI's
services, competitive factors, regulatory approvals and the uncertainty of
consummation of future acquisitions. Additional factors which may affect
BHI's business and performance are set forth in BHI's filings with the
Securities and Exchange Commission.
SOURCE BHI Corporation
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CONTACT:
Angela Entwistle of BHI, 561-368-3899; or
Eileen M. Halsch of Broadgate Consultants, Inc., 212-232-2222
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