U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): August 10, 2004
STREICHER MOBILE FUELING, INC.
(Exact name of registrant as specified in its charter)
Florida
(State or other jurisdiction of incorporation)
000-21825 65-0707824
(Commission File Number) (IRS Employer Identification No.)
Streicher Mobile Fueling, Inc.
800 W. Cypress Creek Rd., Suite 580
Fort Lauderdale, Florida 33309
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (954) 308-4200
ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
Streicher Mobile Fueling, Inc., the Registrant, issued a press release
on August 10, 2004. The text of that press release is as follows:
SMFStreicher Mobile Fueling, Inc.
800 WEST CYPRESS CREEK ROAD, SUITE 580
FORT LAUDERDALE, FLORIDA 33309
NEWS RELEASE
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CONTACT: RICHARD E. GATHRIGHT PETER SELTZBERG
CHAIRMAN AND CHIEF EXECUTIVE OFFICER CAMERON ASSOCIATES, INC.
954-308-4200 212-245-8800
STREICHER MOBILE FUELING, INC.
ANNOUNCES LATEST MARKET EXPANSION
FT. LAUDERDALE, FL, AUGUST 10, 2004 - STREICHER MOBILE FUELING, INC. (NASDAQ:
FUEL and FUELW), an outsourced refueling and fuel management solution for
vehicle and equipment fleets, today announced plans to enter the eastern
Pennsylvania market. Responding to significant orders and customer interest in
that region, the Company will open an initial Harrisburg hub and will begin
serving customers there later this month.
The Company, which opened a Baltimore, Maryland division this past spring to
serve the Baltimore metropolitan area, northern Virginia and Washington, D.C.,
has been moving additional equipment and resources into the Northeast to meet a
demand for its services that is growing faster than initially anticipated. The
recent market entries into the Carolinas and Northeast, together with demand
from new customers in its historical markets, are expected to support growth of
the Company's business.
Richard E. Gathright, Chairman and CEO, commented, "As we projected in our third
quarter Form 10-Q issued this past May, our business and resulting volumes have
continued to increase steadily over the past several months and are expected to
contribute to improved financial performance in the fourth quarter which will be
reported in the next several weeks. These gains reflect our progress toward
achieving the economies of scale we need to reach and sustain profitable
operations."
Mr. Gathright added, "We are continuing to evaluate additional markets in the
Northeast and other regions of the country as we respond to demands for service
and pursue opportunities which meet our business requirements. We are
enthusiastic about our growth and the financial traction we are experiencing."
ABOUT STREICHER MOBILE FUELING, INC.
The Company provides mobile fueling and fuel management out-sourced services,
primarily to businesses operating fleets of vehicles and equipment. Its
specialized truck fleet delivers fuel to customers' locations, refueling
vehicles and equipment and/or resupplying storage facilities at competitive
service fees and fuel prices. The Company's proprietary electronic fuel tracking
system is used to measure, record, and track fuel dispensed to each vehicle and
tank fueled at a customer location allowing verification of the amount and type
of fuel delivered and providing customers with customized fleet fuel data for
management analysis and tax reporting. The Company conducts operations from 16
locations serving metropolitan markets in California, Florida, Georgia,
Maryland, North Carolina, Tennessee, Texas, Virginia and Washington, D.C.
FORWARD LOOKING STATEMENTS
This press release includes "forward-looking statements" within the meaning of
the safe harbor provision of the Private Securities Litigation Reform Act of
1995. For example, predictions or statements of belief or expectation concerning
the future expansion plans of the Company are "forward looking statements" which
should not be relied upon. Such forward-looking statements are based on the
current beliefs of the Company and its management based on information known to
them at this time. Because these statements depend on various assumptions as to
future events, they should not be relied on by shareholders or other persons in
evaluating the Company. Although management believes that the assumptions
reflected in such forward-looking statements are reasonable, actual results
could differ materially from those projected. There are numerous risks and
uncertainties which could cause actual results to differ from those anticipated
by the Company, including but not limited to those cited in the "Certain Factors
Affecting Future Operating Results" section of the Company's Form 10-K for the
year ended June 30, 2003.
* * * * * *
In accordance with General Instruction B.6 of Form 8-K, the information in
this Current Report on Form 8-K is being furnished under Item 12 and shall not
be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act
of 1934 ("Exchange Act") or otherwise subject to the liability of that section,
nor shall such information be deemed incorporated by reference in any filing
under the Securities Act of 1933 or the Exchange Act, regardless of the general
incorporation language of such filing, except as shall be expressly set forth by
specific reference in such filing.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 10, 2004 STREICHER MOBILE FUELING, INC.
By: /S/RICHARD E. GATHRIGHT
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Richard E. Gathright, President