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Eqm Technologies & Energy Inc (EQTE)
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EQM Technologies & Energy, Inc. is a full service provider of environmental consulting, engineering, program management, clean technology, remediation and construction management and technical services to government and commercial business. Its solutions span the entire life cycle of consulting and engineering projects and are designed to help public and private sector organizations manage and control their environmental risks and comply with regulatory requirements. Beacon Energy Holdings, Inc., a Delaware corporation (Beacon), was formed on June 25, 2008 as a wholly-owned subsidiary of Laurence Associates Consulting, Inc. EQ, an Ohio corporation, was formed on September 24, 1990 under the name Professional Environmental Quality, Inc. On February 7, 2011, pursuant to a merger agreement EQ consummated a reverse merger transaction with Beacon and Beacon Acquisition, Inc. EQ merged with and into Acquisition Sub with the result that, on February 7, 2011, EQ became a subsidiary of Beacon. Following the Beacon Merger, Beacon changed its name to EQM Technologies & Energy, Inc. The Company has longstanding relationships and multi-year contracts with numerous federal agencies, including the Environmental Protection Agency (EPA), the U.S. Department of Defense and the U.S. Army Corps of Engineers, as well as private sector clients in the cement, steel, food, consumer products, industrial production, and transportation industries. The Company's business areas include air and emissions, water and wastewater, industrial hygiene and safety, and emergency response and hazardous waste site cleanup. On December 27, 2012, the Company acquired Vertterre Corp., a New Mexico corporation which provides mechanical and electrical engineering services such as energy efficient solutions for both new and existing government and commercial facilities. On January 10, 2013, the Company and EQM Biofuels completed the Biodiesel Transaction, in which EQM Biofuels sold substantially all of the assets of the Company's former Biodiesel Production segment pursuant to the terms of the Biodiesel Purchase Agreement. The Company provides its products and services through a total of nine branch and field offices located throughout the United States. The Company's services are performed under three principal types of contracts with its clients: fixed-price, time-and-materials, and cost-plus. The markets for its services are highly competitive and are subject to competition within each of the Company's service groups.