New Legislation Extends and Expands Veteran Programs to the Benefit of Veteran-Owned Small Businesses Such as CMARK International, Inc.
New
Legislation Extends and Expands Veteran Programs to the Benefit of
Veteran-Owned Small Businesses Such as CMARK International, Inc.
COLUMBIA, S.C., Jan. 11 /PRNewswire-FirstCall/ -- CMARK International,
Inc. (Other OTC: CMKI), a leading Service-Disabled Veteran-Owned Small
Business (SDVOSB) provider of service and products to federal government
institutions and facilities, is pleased to announce that it has received
uplifting news from the White House that constitutes a major victory for
all SDVOSBs. On December 22, 2006, President Bush signed a veterans'
extension bill, the Veterans' Programs Extension Act of 2006, which will
continue many programs already in progress, as well as include a number of
significant expansions. The bill contains provisions that will provide the
U.S. Department of Veteran Affairs with additional tools to help it
contract with veteran and disabled veteran-owned small businesses. This is
a decisive win for CMARK and other comparable companies.
The CEO and President of CMARK International, Inc., Charles W. Jones,
Jr., had no difficulty seeing the upside this new legislation has in store
for his company. "We have already gained momentum over the last three years
as a result of the Veterans Benefits Act of 2003, and this latest
development will undoubtedly heighten CMARK awareness within the USDVA, one
of our largest customers. The rewards from this will ripple through many
facets of our business. This bill contains many strong points that CMARK
embraces, with a few leading the way. We are especially pleased with the
mandatory goals for contracting participation, as well as the "sole source"
and restricted competition provisions. CMARK, as well as all veteran-owned
businesses, will benefit from this day forward."
The government's proactive commitment to maintaining and adding to
regulated, mandatory veteran-owned small business contracting benefits is a
step in the right direction for CMARK. These advances shall continue to
assist CMARK's effort to achieve increased revenue and profitability.
About CMARK International
CMARK International provides a wide array of services and products in
the areas of construction, interior systems and hospitality operations to
federal government institutions and facilities. As one of the
best-established and largest Service-disabled, Veteran-owned Small
Businesses (SDVOSB), CMARK has built a strong franchise to meet the federal
procurement opportunity represented by the Veterans Benefits Act of 2003
(Public Law 108-183) which requires U.S. government agencies and prime
contractors to earmark three percent of all federal procurement dollars to
high quality SDVOSB firms. For more information, visit
http://www.cmark.org.
Forward Looking Statements
Statements contained in this press release which are not historical
facts are known as forward-looking statements as that item is defined in
the Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and the Private Securities Litigation Act
of 1995. These forward- looking statements are subject to risks and
uncertainties, which could cause actual results to differ materially from
estimated results. The forward- looking events and circumstances discussed
in this press release might not occur, and actual results could differ
materially from those anticipated or implied in the forward-looking
statements.
SOURCE CMARK International, Inc.
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