TEJAS INCORPORATED ANNOUNCES $200,000 DONATION AND IN-KIND SUPPORT OF HURRICANE KATRINA RELIEF EFFORT
(PRLEAP.COM) 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.
Contact:
Craig Biddle
cbiddle@tejassec.com
512-306-5281
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.
Contact:
Craig Biddle
cbiddle@tejassec.com
512-306-5281
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Contact Information
Craig Biddle
Tejas Securities Inc
Email Tejas Securities Inc
512-306-8222