STUART, Fla., Aug. 15, 2016 (GLOBE NEWSWIRE) -- CPSM, Inc. (OTCQB:SWMM) the Florida based pool & spa industry aggregator today has reported another positive quarter of growth.

CPSM, Inc. reported top line growth of approximately 42% over Q2 of 2015 and increasing the pace of the 30% plus growth recorded in Q1. The Company continues to expand operations after a successful integration of the latest acquisition.

Lawrence Calarco, Chairman of CPSM, Inc. commented, “Our second quarter only partially reflected the strong growth trajectory we are on. Several key projects that were launched late in the quarter were not recognized in our revenue reporting. Further, the integration of the Sundooks acquisition while successful, took longer than hoped and we expensed several one-time costs. We look forward to the Q3 report to reflect our progress.”

CPSM, Inc. is a publicly held company serving the surging pool/spa maintenance, design, and construction industry. NAKL

Safe Harbor Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

CONTACT:

Jeff Michel
Director 
CPSM, Inc.
Email : info@cpsm-inc.com 
www.cpsm-inc.com 
www.cpoolplastering.com 
www.custompoolmechanics.com

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