EDMONTON, Alberta, November 3, 2014 /PRNewswire/ --
McCoy Global Inc. ("McCoy" or "the Company") (TSX:MCB;
OTCQX:MCCRF) today announced that it has opened its third
international sales and service center. Based in Dubai's Jebel Ali Free Zone ("JAFZA"), McCoy
Global S.a r.l. will provide a platform to service customers in the
Middle East ("MER") region.
"Historically, the MER market has been important for
McCoy, so we are eager to realize
the value of more efficiently supporting our customers' service and
equipment needs in this region," said Jim
Rakievich, President and CEO of McCoy. "We have made considerable progress at
our international sales and service centers in Aberdeen and Singapore, and the Dubai sales and service location is another
step in executing upon our strategic growth initiatives."
About McCoy
McCoy provides innovative
products and services to the global energy industry, and operates
internationally through direct sales and distributors with its
operations based out of Western
Canada, the U.S. Gulf Coast, Europe and Asia-Pacific. McCoy's corporate office is located in
Edmonton, Alberta, Canada with
offices in Alberta, Louisiana, Texas, Aberdeen, Singapore, Dubai and Luxembourg.
Forward-Looking Information
This News Release contains forward-looking statements and
forward-looking information within the meaning of applicable
securities laws. The use of any of the words "expect",
"anticipate", "continue", "estimate", "objective", "ongoing",
"may", "will", "project", "should", "believe", "plans", "intends"
and similar expressions are intended to identify forward-looking
information or statements. The forward-looking statements and
information are based on certain key expectations and assumptions
made by McCoy, including
expectations and assumptions concerning fluctuations in the level
of oil and gas industry capital expenditures, McCoy's ability to integrate acquired
businesses and complete strategic acquisitions of additional
businesses and other factors that affect demand for McCoy's products. Although McCoy believes that the expectations and
assumptions on which such forward-looking statements and
information are based are reasonable, undue reliance should not be
placed on the forward-looking statements and information because
McCoy can give no assurance that
they will prove to be correct. By its nature, such forward-looking
information is subject to various risks and uncertainties, which
could cause McCoy's actual results
and experience to differ materially from the anticipated results or
expectations expressed. These risks and uncertainties, include, but
are not limited to, fluctuations in oil and gas prices,
fluctuations in the level of oil and gas industry capital
expenditures and other factors that affect demand for McCoy's products, industry competition, the
need to effectively integrate acquired businesses, uncertainties as
to McCoy's ability to implement
its business strategy effectively, labour, equipment and material
costs, access to capital markets, interest and McCoy's ability to attract and retain key
personnel. Additional information on these and other factors is
available in continuous disclosure materials filed by McCoy with Canadian securities regulators.
Readers are cautioned not to place undue reliance on this
forward-looking information, which is given as of the
date it is expressed in this News Release or otherwise, and to not
use future-oriented information or financial outlooks for anything
other than their intended purpose. McCoy Global undertakes no
obligation to update publicly or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by law.
For further information:
Mr. Peter Watson
McCoy Global Inc.
General Counsel and Corporate Secretary
Phone: +1(832)303-7410
E-mail: info@mccoyglobal.com
Website: http://www.mccoyglobal.com