Scottsdale, Arizona 2/24/2009 3:11:00 AM
News / Finance

The Mint Leasing, Inc. (MLES.OB) Secures Additional Property, Announces Expansion Plans

QualityStocks would like to highlight The Mint Leasing, Inc. (OTCBB: MLES). The Mint Leasing is an alternative to traditional financing companies whereby the Company leases high quality automobiles to the average purchaser through premier retailers. Most of its customers are located in Texas and six other states in the southeastern U.S.

 

In the company’s news Friday,

 

The Mint Leasing, Inc. announced that it has secured an adjacent property to expand the company’s headquarters, enabling growth in operations. The company’s customers primarily consist of brand-name automobile dealers that seek to provide leasing options to their customers.

 

“We are very pleased to have secured the property next to us,” stated Jerry Parish, President and CEO of The Mint Leasing. “This will allow Mint to expand its current operations and provide us room to add twenty-four employees in the near future, primarily in the account verifications and collections departments.”

 

He added, “Given that we are located so near downtown Houston , when an opportunity such as this presents itself we really must jump on it. We’ve been at this location for ten years now and the chance to expand organically rather than relocating represents a huge advantage for us.”

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.