Small Business Resources, Business Advice and Forms from AllBusiness.com

PRIME Service, Inc. Announces Acquisition ofMike's Rental Machinery, Inc.

Business Editors

HOUSTON--(BUSINESS WIRE)--May 17, 2000

PRIME Service, Inc. (PRIME) a member of the Atlas Copco Group, has purchased for an undisclosed amount, substantially all of the assets of Mike's Rental and Machinery, Inc., (Mike's) a privately held company, with locations

in Ellensberg and Moses Lake Washington. The Mike's acquisition increases PRIME's locations to 195 in 23 states, plus Canada, Mexico and Puerto Rico. Pete Post, President and COO of PRIME, stated "This acquisition expands PRIME's presence in the Washington market and allows us to service more customers. Mike's is also a very well respected company within the community and we are proud to bring them into the Atlas Copco's PRIME family."

PRIME rents and sells hundreds of types of equipment, tools and supplies such as aerial work platforms, air compressors, earthmoving equipment, power tools and various contractor supplies. PRIME customers range from Fortune 500 companies to subcontractors and homeowners.

Atlas Copco is a world-wide group of companies that develops, manufactures and markets air compressors, tools, generators, rock excavation equipment, light construction and demolition equipment, as well as related installation, repair and service of such equipment and tools. Other well-known U.S. companies in the Atlas Copco Group are Milwaukee Electric Tool, Chicago Pneumatic and Rental Service Corporation (RSC).

In addition, make sure to read these articles: