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| HVAC
INDUSTRY NEWS |
| Brian Lane Appointed President of Comfort Systems USA.
Comfort Systems USA, Inc.
a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning ("HVAC") services, today announced that it has appointed Brian Lane as its President and Chief Operating Officer.
Mr. Lane has served as Executive Vice President and Chief Operating Officer at the Company since January 1, 2009. He joined the Company in October 2003, and served as Senior Vice President for the Company's northeast region until January of 2009. He is a well-respected construction industry executive whose prior employment experience includes positions at Halliburton, Brown and Root, and Kvaerner. He earned a Bachelor of Science in Chemistry from the University of Notre Dame and an MBA from Boston College.
Bill Murdy, Comfort Systems USA's Chairman and CEO, said, "In the field and in the headquarters, we have a great team at Comfort Systems USA that has consistently outperformed expectations. We are very fortunate to have a President as accomplished and dedicated as Brian Lane to lead the charge during our industry's continued economic weakness." |
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Comfort Systems USA(R) is a premier provider of business solutions addressing workplace comfort, with 72 locations in 80 cities around the nation. For more information, visit the Company's website at www.comfortsystemsusa.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current plans and expectations of future events of Comfort Systems USA, Inc. and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors that could cause actual results to differ include, among others, the use of incorrect estimates for bidding a fixed-price contract, undertaking contractual commitments that exceed our labor resources, failing to perform contractual obligations efficiently enough to maintain profitability, national or regional weakness in construction activity and economic conditions, financial difficulties affecting projects, vendors, customers, or subcontractors, difficulty in obtaining or increased costs associated with bonding and insurance, shortages of labor and specialty building materials, retention of key management, our backlog failing to translate into actual revenue or profits, errors in our percentage-of-completion method of accounting, the result of competition in our markets, seasonal fluctuations in the demand for HVAC systems, the imposition of past and future liability from environmental, safety, and health regulations including the inherent risk associated with self-insurance, adverse litigation results and other risks detailed in our reports filed with the Securities and Exchange Commission. A further list and description of these risks, uncertainties and other factors are discussed under "Item 1A. Company Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2009. These forward-looking statements speak only as of the date of this filing. Comfort Systems USA, Inc. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change in events, developments, conditions or circumstances on which any such statement is based.
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