Tejas Incorporated Announces $200,000 Donation and In-Kind
Support of Hurricane Katrina Relief Effort
Released on = September 27, 2005, 7:15 am
Press Release Author = Robin Mermelstein
Industry = Financial
Press Release Summary = Tejas Incorporated (OTC BB:TEJS) today announced that it has
pledged to make both cash and in-kind contributions to the Hurricane Katrina relief
effort.
Press Release Body =
AUSTIN, TX, Sep. 2, 2005 - Tejas Incorporated (OTC BB:TEJS) today announced that it
has pledged to make both cash and in-kind contributions to the Hurricane Katrina
relief effort.
In response to one of the worst natural disasters in the country’s history, Tejas
Incorporated will donate $200,000 to the American Red Cross relief effort. In
addition, Tejas has made an offer, submitted to the NASD, to donate office space to
any brokerage firm that was impacted by hurricane Katrina at no charge to the firm
through February, 2007.
John Gorman, Chairman of the Board of Tejas Incorporated, commented, "We are shocked
and saddened by the scope and breadth of this extraordinary natural disaster and
want to help those in need during this time of tragedy."
On Wednesday, Tejas Board member Barry Williamson traveled to Louisiana to help with
the relief effort. Williamson noted, "I have never seen such devastation. Words
cannot describe the human suffering and need of so many people."
Mr. Gorman added, "We are honored to make a contribution to those in need and extend
our best wishes and condolences to all those affected by this extraordinary event."
Company Information
Tejas Incorporated (OTC BB:TEJS) is a financial services holding company whose
primary operating subsidiaries include Tejas Securities Group, Inc., ("Tejas
Securities") and Capital & Technology Advisors, Inc. ("C&TA Inc."). Tejas Securities
is a full service brokerage and investment banking firm that focuses on the
following: (i) proprietary research on distressed debt and special situation
securities; (ii) trading and other brokerage services to value-based institutional
and retail investors active in fixed income and equity instruments; and (iii)
corporate finance and strategic advisory services to middle-market companies within
our target industries. C&TA Inc. is a consulting firm that provides operational and
financial restructuring and related advice to clients primarily in the
telecommunications and technology sectors. To learn more about Tejas Securities or
C&TA Inc., please visit their web sites at http://www.tejassec.com or
http://www.ctadvisors.net.
Web Site = http://www.tejassec.com
Contact Details = tejas@digitalbrandexpressions.com
Contact:
Craig Biddle
512-306-5281
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