Williams Scotsman Launches Stainless Steel Product for the European Modular Building Industry in Spain
Williams Scotsman International announced today the launch of
Tecno Inox S/S, a new line of stainless steel products for the modular
building marketplace, through its wholly-owned subsidiary, Wiron. A
leading company in the manufacture, sale and leasing of modular
structures in Spain, Wiron is unveiling the product at Construmat, an
international building exhibition taking place this week in Barcelona.
The new Tecno Inox S/S series is made with 304 stainless steel,
making this innovative product both structurally strong and highly
resistant to adverse climate conditions and corrosion often found in
moist, salty environments. This product line is ideal for structures
located near coastal communities such as port offices, storage
modules, maritime rescue installations and Red Cross shelters.
"Tecno Inox S/S fills a considerable void in the marketplace,"
said William Stokel, director general of Wiron. "Addressing customer
needs has always been a top priority for Wiron. Our customers told us
they wanted a versatile solution to withstand harsh climate conditions
and this product delivers on that need."
The new Tecno Inox S/S line, designed and manufactured in Spain,
balances maximum strength and durability with an aesthetically
pleasing steel finish. The features of the Tecno line represent the
inherent advantages of modular building methodology, including
accelerated building production, adaptability, and superior quality
control and risk mitigation.
According to a statement by Williams Scotsman's Chairman,
President and Chief Executive Officer, Gerry Holthaus, "Wiron has
introduced an innovative product that will greatly improve the
durability of prefabricated installations in Spain and potentially in
other international markets. This is a much-needed advancement for the
modular industry."
To learn more about the new Tecno Inox S/S product, visit Wiron at
Construmat 2007, which is being held May 14-19, 2007. The Wiron booth
can be found outside the conference on the Northeast corner of Reina
Maria Cristina and Marques de Comillas streets.
About Williams Scotsman International, Inc.
Williams Scotsman International, Inc., through its subsidiaries,
is a leading provider of mobile and modular space solutions for
multiple industry sectors, including the Construction, Education,
Commercial, Healthcare and Government markets. The company serves over
30,000 customers, operating a fleet of over 118,000 modular space and
storage units that are leased through a network of more than 100
locations throughout North America and Spain. Williams Scotsman
provides delivery, installation, and other services, and sells new and
used mobile office products. Williams Scotsman also manages large
modular building projects from concept to completion. Williams
Scotsman is a publicly traded company (NASDAQ: WLSC) headquartered in
Baltimore, Maryland with operations in the United States, Canada,
Mexico, and Spain. For additional information, visit the company's web
site at www.willscot.com, call (410) 931-6066, or email to
Michele.Cunningham@willscot.com.
About Wiron
Wiron was founded in 1995 and was acquired by a wholly-owned
subsidiary of Williams Scotsman International, Inc. (NASDAQ: WLSC) in
August 2006. The company specializes in modular structures for
construction, education, and healthcare sectors. Currently Wiron has
15 branches throughout Spain and a mobile office fleet of nearly
16,000 units. For additional information, visit the website at
www.wiron.es or www.wiron.com.
All statements other than statements of historical fact included
in this press release are forward-looking statements and involve
expectations, beliefs, plans, intentions or strategies regarding the
future. Although the Company believes that the expectations reflected
in these forward-looking statements are reasonable, it assumes no
responsibility for the accuracy and completeness of these
forward-looking statements and gives no assurance that these
expectations will prove to have been correct. Important factors that
could cause actual results to differ materially from the Company's
expectations are disclosed under "Risk Factors" and elsewhere in the
Company's 10-K, 10-Q and other SEC filings, including, but not limited
to, substantial leverage and its ability to service debt, changing
market trends in its industry, general economic and business
conditions including a prolonged or substantial recession, its ability
to finance fleet and branch expansion and to locate and finance
acquisitions, its ability to implement its business and growth
strategy and maintain and enhance its competitive strengths, intense
industry competition, availability of key personnel and changes in, or
the failure to comply with, government regulations. The Company
assumes no obligation to update any forward-looking statement.