#Energy Stock News: Enterprise (TSX: $E.TO) Equipment Controls & Automation Lowers Costs, Increases Revenues

#Energy Stock News: Enterprise (TSX: $E.TO) Equipment Controls & Automation Lowers Costs, Increases Revenues

ST. ALBERT, Alberta - April 25, 2018 (Investorideas.com Newswire) Enterprise Group, Inc. ("Company" or "Enterprise") (TSX:E), a consolidator of services to the energy sector; focused primarily on specialized equipment rental, announced today that it has further enhanced its proprietary dispatch & asset tracking software now known as "StarChain."

Read this news in full at http://www.investorideas.com/CO/TSXE/news/2018/04251IncreaseRevenues.asp

The Company is adding a decentralized and distributed ledger to its Equipment to definitively record all machine data as transactions on a secure private network. The recorded data will be verified via the StarChain Module's and then uploaded to the StarChain Network.

The purpose of StarChain is to monitor location, usage and address repair issues in real time to maximize revenues and vastly lessen equipment downtime from the Company's extensive pool of rental assets. If a piece of equipment fails or experiences a mechanical deficiency on a remote project site, StarChain alerts Enterprise and the fleet manager immediately so that a replacement can be deployed, increasing revenues, efficiency and asset life.

In the past, the client had to inform the Company of issues, the equipment would need to be taken offline and repaired. The technology also ensures the security of the asset against loss, theft or tampering during its deployment.

While the benefits of StarChain for Enterprise are immediate, it also guarantees that clients get superior equipment, service and a new level of control via the "StarChain" client portal, where Site Managers can schedule, report and remote control their rented assets via any connected smart device.

Enterprise's StarChain is Already Well Ahead of the Curve

The Company sees this technology accomplishment as the baseline for future developments within ‘Industry 4.0': The current industrial transformation caused by automation, data exchanges, Big Data, A.I. and IoT. The Company's evolving technology will exploit smart industry as the foundation for a competitive rental service.

"We investigated the benefits of developing a cost effective digital network and the practical applications that would emerge from its existence. We quickly realized that if we were able develop a low-cost solution that made significant financial sense that we could begin offering a competitive and proprietary rental product which would benefit our business and provide our clients with a unique service," stated Desmond O'Kell, SVP, Enterprise. "If we want our assets to communicate with each other we first need to give them the ability to talk. The advantages and efficiencies "StarChain" brings to both Enterprise and its client are substantial."

Enterprise has no plans to sell or license what it sees as an incredible competitive advantage. The technology will be extended to the operations of future acquisitions, this will allow for the significant growth, in size and geographical reach.

The Technology Behind StarChain

Enterprise has developed its solution utilizing a number of technologies. The software is built from Node.js, RethinkDB and Material Design that runs on a customized Linux distro inside the module. The hardware (micro-controller/computer) is built using a similar architecture to the Raspberry PI, providing Enterprise a robust interface to its equipment via GPIO (General Purpose Input Output).

With the module successfully deployed, the current GPS device becomes obsolete, allowing Enterprise to eliminate significant monthly expenses when installed on all our rental assets.

About Enterprise Group, Inc.

Enterprise Group, Inc. is a consolidator of services to the energy sector. The Company's focus is primarily on specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management, and human resources to support continued growth. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedar.com.

For questions or additional information, please contact:

Leonard Jaroszuk, President & CEO, or
Desmond O'Kell, Senior Vice-President
780-418-4400
contact@enterprisegrp.ca

Forward Looking Information

Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. In particular, this news release contains forward looking information relating to the use of proceeds from the CTHA transaction and post-closing adjustments relating to such transaction. These forward-looking statements are based on assumptions and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including reliance on contractual arrangements with third parties, general economic conditions, industry conditions and competitive factors. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

Enterprise Group, Inc. (TSX: E) is a featured company on Investorideas.com

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country

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Today's Research Reports on Morneau Shepell, Essential Energy, Enterprise Group (TSX: $E.TO), and Badger Daylighting

Today's Research Reports on Morneau Shepell, Essential Energy, Enterprise Group (TSX: $E.TO), and Badger Daylighting

NEW YORK, NY - April 23, 2018 (Investorideas.com Newswire) Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

Read this news in full at http://www.investorideas.com/CO/TSXE/news/2018/04231ResearchReports.asp

RDI has Initiated Coverage Today on:

Morneau Shepell Inc.

https://rdinvesting.com/news/?ticker=MSI.TO

Essential Energy Services Ltd.

https://rdinvesting.com/news/?ticker=ESN.TO

Enterprise Group, Inc.

https://rdinvesting.com/news/?ticker=E.TO

Badger Daylighting Ltd.

https://rdinvesting.com/news/?ticker=BAD.TO

Enterprise Group's stock jumped 11.54% Friday, to close the day at $0.58. The stock recorded a trading volume of 32,733 shares, which was below its three months average volume of 44,006 shares. In the last year, Enterprise Group's shares have traded in a range of 0.28 - 0.62. The share price has gained 107.14% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $0.45 is greater than its 200-day moving average of $0.38. Shares of Enterprise Group have gained approximately 75.76 percent year-to-date.

Access RDI's Enterprise Group, Inc. Research Report at:

https://rdinvesting.com/news/?ticker=E.TO

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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Enterprise Group, Inc. (TSX: E)

is a featured company on Investorideas.com

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure: Enterprise is a paid PR news and social media client effective January 12018 for four months -five thousand per month

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country

Energy/ Infrastructure News; Enterprise’s (TSX: $E.TO) Asset Tracking Software: Margins Up. Costs Down; @enterprisegrp

Energy/ Infrastructure News; Enterprise’s (TSX: $E.TO) Asset Tracking Software: Margins Up. Costs Down; @enterprisegrp

April 12, 2018 - Commentary for Enterprise Group, Inc.  (TSX: E): One of the great things about being an investor is unearthing something that, while logical, is unexpected: But could be a nifty value add to shareholders. Such an example is Enterprise Group’s (E: TSX) proprietary asset tracking software ‘STAR’; critical to maximum use of equipment and most importantly, getting it back.

Read this news in full at http://www.investorideas.com/CO/TSXE/news/2018/04121AssetTrackingSoftware.asp

Experienced investors will note the potential of Industrial equipment rental leader Enterprise Group, not the least of which is that its book value has risen to $1.01 a share and is trading at 44 cents. This growth is just the latest in a successful strategy taken by Enterprise management after weathering the 2014-15 resource downturn. If anything, the company is leaner and stronger now; the result of the recent sale of subsidiary sale of CT Underground for $20.6 million.

The tale of Enterprise's proprietary ‘STAR’ tracking program is one such story. For those old enough, the software is like Six Sigma on steroids.

Likely the most significant headache/loss/revenue hit haunting all rental businesses (in this case resource and industrial rentals) is the risk of losing a piece of expensive equipment (or several parts that add up to a significant corporate loss.)

Or not realizing maximum usage through inefficient tracking. Given that the security of assets could well be at the whim of client honesty and the weather; pieces lost for a period of time or forever can obviously be costly.


When Enterprise Group (TSX: E) acquired Westar Oilfield Rentals in 2014, one of the assets the company was working on was a business management software, known today as ‘STAR’. Enterprise continued to fund and upgrade the project and found itself with a proprietary asset that is critical to the profitability and cost mitigation of all of its subsidiaries.

Enterprise management currently owns almost 20 percent (just shy of 11 million) of its shares, so investors should not worry about motivation. It intends to be the leader and industrial and resource rental company of choice nationwide.

How E Got Here.

Through strategic plans including asset sales, ongoing cost-cutting and sound business decisions E is leaner, more pivotal and have added diversity to its client base. The fact that Enterprise also designs and builds specialty equipment for our clients—15 patents in place with more coming --means that it can be immediately responsive and relevant to address its private or Government customers' unique needs.

Since January 1, 2018: Key investment metrics evidencing ongoing growth:

1. Secured a $9 million Supply and Services agreement with a significant International resource company.
2. Q4 2017 revenue $10.7m versus Q4 2016 at $8.3m
3. EBITDA Q4 2017 $2.56m versus Q4 2016 $1.87m
4. Net Income Q4 2017 $1.1m versus Q4 2016 loss ($9.9m)
5. EPS Q4 2017 $0.02 versus Q4 2016 loss ($0.85)


In Q1 2018, Enterprise has secured a $9.1 million contract, sold its CT Underground subsidiary for $20.6 million resulting in virtually complete debt retirement. As well, the Company has an acquisition chest of $15 million loan availability for accretive and complementary companies or assets.

Next? STAR.

Financial results of the software use are measurable and impressive:

• Proprietary platform for future development and refinement
• Task and monitoring capabilities saves two significant salaries
• Allows management to plan to deploy company-wide through 3 subs and future acquisitions
• Generates a roughly 30 percent annual cost savings
• Produced a five up to a possible 10 percent margin improvement
• One of the Company's impressive value propositions over competitors
• No plans to license; to remain a corporate asset.
• Not aware of any competitive software

The software tracks assets, which in itself cuts costs, utilizing the location and site ID put directly on the invoice. The system always knows where the asset is, and fleet managers confirm that on delivery.

This approach keeps the customer up and running and ensures other expended revenue and protection of the asset. The key is the development of about 18 modules that work together and exchange information over a central database; all laid out in a very user-friendly navigational format.

"With the components developed, we began process mapping our existing business operations. As a result, we were able to considerably reduce our administrative costs by automating many of the human elements," stated Des O'Kell SVP of Enterprise Group. "Furthermore, with its implementation, the cost benefits that emerged from asset tracking are substantial.”

Enterprise is not the same Company that went into the 2015 resource downturn.

All Cylinders Firing

Throughout 2017, Enterprise has experienced a meaningful increase in activity from its existing customers coupled with a substantial surge in new customers which has resulted in increased market share for its business units.

Management's efforts to streamline and maximize efficiencies have translated into improved margins, decisive cash-flow quarter after quarter and a return to profitability in Q3 2017.

Management feels that Enterprise is within a very select group of producers and service providers that have aggressively adapted their organizations to operate successfully in the current commodity price environment.




With 2018 starting out with impressive strength, the Company has many other initiatives and strategic business plans to execute, particularly in further debt reduction, potential acquisitions and expansion beyond Western Canada.

With the calculated diversification of its customer base over the last three years, the Company has further mitigated market risk and is exploring substantial development opportunities to grow and enhance shareholder value.

For questions or additional information, please contact:
Leonard Jaroszuk, President & CEO, or
Desmond O'Kell, Senior Vice-President
780-418-4400
contact@enterprisegrp.ca
Forward Looking Information
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.
Enterprise Group, Inc. (TSX: E)
is a featured company on Investorideas.com
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Get News Alerts on Enterprise Group, Inc.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure: Enterprise is a paid PR news and social media client effective January 12018 for four months -five thousand per month
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country

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Energy Stock News: Enterprise Group (TSX: $E.TO) Deploys Proprietary Asset Tracking & Dispatch Software "Star" to Lower Costs and Increase Margins

St. Albert, AB - April 10, 2018 (Investorideas.com Newswire) Enterprise Group, Inc. ("Company" or "Enterprise") (TSX:E), a consolidator of services to the energy sector; focused primarily on specialized equipment rental, announced today that it has implemented its proprietary dispatch & asset tracking software known as "Star" to further cut costs and improve margins.

Star, tracks and reports utilized assets, which provides the Fleet Manager the ability to ensure the highest level of service to the client: In turn, lower costs while delivering maximum equipment performance.

Read this news in full at http://www.investorideas.com/CO/TSXE/news/2018/04101Software.asp

When Enterprise Group (TSX:E) acquired Westar Oilfield Rentals in 2014, the management team was working on a business management & dispatch software.

After exhaustive and unsuccessful efforts in sourcing an effective software solution, it was apparent that the group needed to develop this system in house. Enterprise continued to fund and upgrade the project resulting in this unique and proprietary technology asset, critical to the profitability and cost mitigation of all the Company's subsidiaries.

"With the components developed, we began process mapping our existing business operations. As a result, we were able to considerably reduce our administrative costs by automating many of the human elements," stated Des O'Kell SVP of Enterprise Group. "Furthermore, with its implementation, the cost benefits that emerged from asset tracking are substantial."

This approach keeps the customer up and running and ensures other expended revenue and protection of the asset. The software is comprised of 18 components that work together and exchange information over a central database. Early results confirmed improved metrics including lowering costs and raising margins.

With Star successfully deployed in all our rental divisions, Enterprise Group now has a proprietary and custom software designed explicitly for its business.

About Enterprise Group, Inc.

Enterprise Group, Inc. is a consolidator of services to the energy sector. The Company's focus is primarily on specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management, and human resources to support continued growth. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedar.com.

For questions or additional information, please contact:

Leonard Jaroszuk, President & CEO, or
Desmond O'Kell, Senior Vice-President
780-418-4400
contact@enterprisegrp.ca

Forward Looking Information

Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. In particular, this news release contains forward looking information relating to the use of proceeds from the CTHA transaction and post-closing adjustments relating to such transaction. These forward-looking statements are based on assumptions and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including reliance on contractual arrangements with third parties, general economic conditions, industry conditions and competitive factors. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

Enterprise Group, Inc. (TSX: E) is a featured company on Investorideas.com

Visit Profile page: http://www.investorideas.com/CO/TSXE/

Get News Alerts on Enterprise Group, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure: Enterprise is a paid PR news and social media client effective January 1 2018 for four months -five thousand per month

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country

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Investorideas.com - CSE Top Percentage Gainers April 4th; (CSE: $FNQ.C), (CSE: $JBR.C), (CSE: $MAY.C), (CSE: $BBT.C) ;@CSE_News

Investorideas.com - CSE Top Percentage Gainers April 4th; (CSE: $FNQ.C), (CSE: $JBR.C), (CSE: $MAY.C), (CSE: $BBT.C) ;@CSE_News

Mining, Energy, Blockchain and Cannabis Sectors Represented

Point Roberts, WA, Delta BC – April 5, 2018 - Investorideas.com,
a leader in global investing news in leading sectors reports on the top  four percentage gainers  (http://thecse.com/trading/market-activity#active) on the CSE for April 4, 2018.

Read this news in full at http://www.investorideas.com/news/2018/main/04051Stocks.asp

Energy Stock News: Q1 2018 has Been Quite a Year for Enterprise Group; (TSX: $E.TO); Debt Free, Contracts, Asset Sales and the Shares up YTD 40%

Energy Stock News: Q1 2018 has Been Quite a Year for Enterprise Group; (TSX: $E.TO); Debt Free, Contracts, Asset Sales and the Shares up YTD 40%

Oh yes, the Company is looking aggressively for accretive acquisitions

March 28, 2018 (Investorideas.com Newswire) Commentary on Enterprise Group, Inc. (TSX:E)

Read the full news at http://www.investorideas.com/CO/TSXE/news/2018/03281Q12018.asp

About 60 years ago, the industrial equipment rental business was born. Growth was slow, but as infrastructure projects grew and costs rose, renting made economic sense and it the sector has been on a decent growth path ever since.

With the US infrastructure mess rattling the Governments of North America with more and more urgency, why own when you can rent?

Infrastructure: Thanks for the Memories. And the Cash.

On March 6th, 2018, Enterprise Group (E: TSX) announced a non-binding LOI for the sale of the assets of its trenchless solutions infrastructure business unit, Calgary Tunnelling & Horizontal Augering ("CTHA"), to a private arm's length purchaser for $20.6 million.

The tax-free deal closed March 26,2018. Enterprise's corporate structure allowed the utilization of tax losses to offset the gain on this transaction.

The transaction comes on the heels of the Company's securing an impressive $9.1 million equipment and supply contract in January.

"While the business landscape has and continues to improve, we are maintaining our posture of rationalizing costs and enhancing efficiencies," stated Des O'Kell. "Doubling our Q4 2017 EPS over the same period 2016($0.02 versus ($0.18) and showing an unusual increase (235%) in Q4 net income to $1.094m. We look forward to a very active and profitable 2018."

As well, as a result of the transaction E's book value rises 10% to $1.01.

Infrastructure is Dead, Long Live Infrastructure.

Enterprise was, until now, a mixture of infrastructure and industrial rental subsidiaries in Western Canada. With the sale of infrastructure subsidiary CT Underground, Enterprise is moving to grow into a leading and pure rental play: Having dumped its debt and set the Company on an aggressive growth path by organic means and complementary acquisitions.

And after having been cashflow positive throughout the resource downturn and returning to profitability Q3 2017, the Company continues to execute on its growth plan.

Trying to get a standard annual growth rate for aspects of the industrial equipment rental market is difficult. Most figures include all rentals (TV's, party plates, etc.) as well as the gear necessary to put together an entire resource camp in the arctic. As well, the growth is heavily tied to economics, commodity prices etc., further mitigating CAGR precision.

Becoming a Profitable Enterprise. Summary of Recent Metrics:

Q4 2017 revenue $10.6m versus Q4 2016 at $8.3m

EBITDA Q4 2017 $2.5m versus Q4 2016 $1.8m

Net Income Q4 2017 $1m versus Q4 2016 loss ($9.9m)

EPS Q4 2017 $0.02 versus Q4 2016 loss ($0.18)

Enterprise bought CT in 2013 for $12 million. The company billed out approximately $60 million in 4.5 years. And then sold it for $20.6 million.

Not dissimilar to the deal Enterprise did with TC Backhoe in 2016.

Some other key CTHA sale benefits:

Payroll shrinks by 60 field and office employees

On the hunt for acquisitions

$25 million credit line available

$15 million acquisition credit line offered.

The key takeaway here is that in what was arguably the worst market for resource stocks of all stripes from 2015 to about a month ago, Enterprise spent the time streamlining for growth instead of worrying about the if, as and when's.

Depending what you read, the industrial rental market has a CAGR of between 4 to 9 percent. With Trump looking for any win, vastly increased infrastructure spending will likely be his legacy.

And a lot of rented equipment.

Why do Companies Rent Industrial Equipment?

Capital Release: In times where they have to demonstrate high levels of profit compared to invested capital, contractors are increasingly eager to rent equipment, as it allows them to minimize the size of their equipment fleet. Less immobilized money allows for improved cost control, lower maintenance costs, as well as for a reduction in transport fleets. Renting equipment with operators even provides for optimizing staff costs.

The range of new equipment available: Some rental companies have fleet inventories reaching up to the hundreds of thousands of pieces of equipment while others are specialized only in a range of particular products. They can thus supply the most comprehensive range of state-of-the-art equipment - with or without qualified operators - as and when contractors and customers/customers need it.

Maintenance, compliance with standards and regulations: Rental companies bear the responsibility for ensuring the equipment they rent out complies with all applicable laws, performing a safety check before delivery. Routine maintenance and major repairs are typically handled by the rental company, saving the renter the expense of having a maintenance crew on staff. Safety checks are performed before each delivery.

Now that the CT sale is buttoned down, Enterprise management will look to identify -2 maybe 3--rental acquisitions.

Oh, There's More.

For 2020 the current forecast is for a more robust 5.3 percent growth in equipment with projected rental revenue in Canada to reach $5.849 billion.

Of course, that's not all, as the Company has a reputation for customizing and indeed manufacturing specialty items for customers. These proprietary products eventually find their way into the rental pool.

As a result, Enterprise's growing IP portfolio currently stands at 15 patents. There is also a technical aspect to the Company that will likely get fleshed out later this year.

Management has signaled that there will be more completed initiatives in 2018. Given what has happened so far this year-the shares up YTD 40% (vs the S&P up 4.22%) getting to know Enterprise would likely be worth your immediate attention.

Btw, that 40% share price rise was actually pre-the CT sale.

Hell, it's only March.

For questions or additional information, please contact:

Leonard Jaroszuk, President & CEO, or
Desmond O'Kell, Senior Vice-President
780-418-4400
contact@enterprisegrp.ca

Forward Looking Information

Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. In particular, this news release contains forward looking information relating to the use of proceeds from the CTHA transaction and post-closing adjustments relating to such transaction. These forward-looking statements are based on assumptions and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including reliance on contractual arrangements with third parties, general economic conditions, industry conditions and competitive factors. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

Enterprise Group, Inc. (TSX: E)

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