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10 February 1999
BHI Corporation Announces New Ticker Symbol: BHIK
Belize City, Belize, February 10, 1999 – BHI Corporation (NASDAQ: BHIKF), a leader in outsourced facilities services in North America, announced today it will change its NASDAQ ticker symbol from “BHIKF” to “BHIK”. The change will take place before the market opens on Thursday, February 11, 1999.

“This simpler symbol is consistent with BHI’s streamlined structure and firm focus on business opportunities in North America,” said BHI Chairman and Chief Executive Officer, Michael A. Ashcroft. “Our facilities services business, recently renamed OneSource , is growing both internally and through acquisitions, and offering an expanded range of services. The name change reflects our intention to be the OneSource for facilities services solutions as more building managers turn to outsourcing.”

BHI Corporation is a leader in the outsourced facilities services sector in North America and provides janitorial, landscaping, security services, general repair and maintenance and other specialized services to more than 10,000 commercial, institutional and industrial accounts. The company also owns and operates selected businesses in Central America. BHI prepares its financial statements in US dollars and according to US GAAP.

Forward Looking Statement

Certain statements in this press release constitute “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, statements contained herein regarding expectations with respect to future revenue and business expansion, are subject to known and unknown risks, uncertainties and contingencies, many of which are beyond the control of BHI, which may cause actual results, performance or achievements to differ materially from anticipated results, including, among others, overall economic and business conditions, the demand for BHI’s services, competitive factors, regulatory approvals and the uncertainty of consummation of future acquisitions. Additional factors which may affect BHI’s business and performance are set forth in BHI’s filings with the Securities and Exchange Commission.

For further information contact
BHI
Angela Entwistle
561-368-3899

Broadgate Consultants, Inc.

Eileen M. Halsch
212-232-2222

Note: This and other press releases are available through Company News On Call by fax; call 800-758-5804, extension 114380, or at http://www.prnewswire.com.



 


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