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Interview with Oilfield Services/ Frac Water Company HII Technologies (OTCBB: HIIT)

CEO Discusses Company’s Dramatic Growth Curve; 300% increase in anticipated Q1 revenues vs Q1, '12 and Revenue Guidance of $2.6 million for the Fiscal Second quarter 2013

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News about: HII Technologies, Inc.

Point Roberts, WA - April 22, 2013 (Investorideas.com Newswire, www.water-stocks.com) Investorideas.com, an investor research portal specializing in sector research, issues an exclusive Q&A interview with oilfield services and frac water supply company, HII Technologies, Inc. (OTCBB: HIIT). Mr. Matthew Flemming, CEO of HII Technologies, discusses recent financial results, second quarter guidance and growth opportunities moving forward.

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Q: Investorideas.com

Matt can you give investors a brief overview of the different divisions within HII Technologies?

A; Mr. Matthew Flemming, CEO

HII Technologies includes services and technology in Water, Safety and Power. The Company’s frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy operates as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). Its primary operations are in Texas and Oklahoma.

According to Baker Hughes Rig Count recent published data, about 57% of the rigs in the United States are operating in Texas and Oklahoma.

The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States. Active shale and unconventional “tight oil” plays such as Eagle Ford Shale, Woodbine, Permian basin and Granite Wash are monetized by HIIT deploying new oilfield related technologies to enhance the value of its Water, Safety and Power services to its customers.

Q: Investorideas.com

You recently announced fourth quarter and year end results. Can you give us the highlights and how each division performed?

A; Mr. Matthew Flemming, CEO HII Technologies:

Our fourth quarter '12 revenues of $1.64 million exceed the cumulative total of the first three quarter’s 2012 combined. Our largest division, AES Water Solutions performed exceptionally well for the quarter and year ending December 31, 2012. Also, the Safety and Power divisions being relatively new are anticipated to have significant further revenue impact in 2013 as we go forward. AES also made a purchase of water transfer assets and rolling stock in November ’12 for about $600 thousand which management believes was more than $1.2 million in market value. These assets were quickly deployed in the field to build our rental fleet of equipment and had a positive impact on revenues during the 4 th quarter 2012.

Q: Investorideas.com

You also just reported preliminary first quarter 2013 revenues up an estimated 300%. Can you discuss the growth curve and factors contributing to the numbers?

A; Mr. Matthew Flemming, CEO HII Technologies;

For fiscal 2013, we anticipate additional revenue contribution from the Power and Safety divisions, known as South Texas Power and AES Safety Services. All three divisions, Water, Power and Safety exceeded budgeted revenue plans for the 1 st quarter 2013 and met several milestones. AES Water Solutions had significant revenue gains in the quarter as it expanded further geographically into West Texas and South Texas, adding several new customers to its mix. Likewise, both South Texas Power (STP) and AES Safety Services grew revenues and added customers. STP built out its operations in the Eagle Ford Shale market, deploying both generator and light tower rental equipment. AES Safety Services also performed well achieving several goals including establishing operations in Ohio where the State requires safety personnel on site 24/7 from the initial site prep to final completion of the oil or gas well.

Q: Investorideas.com

Can you give investors insight into your competitive advantages from both technology and cost perspectives?

A; Mr. Matthew Flemming, CEO HII Technologies;

One significant example at South Texas Power ; when we bring natural gas powered generators to onsite oilfield operations where no electricity grid exists, we can cut the cost of fuel by 80% or more compared to traditional diesel powered generators for oilfield customers.

In our water division, we are looking into technology solutions to provide h igh volume, price competitive, onsite, mobile recycling of flow back water used in hydro-fracing.

Our technology and pricing gives us a long term sustained advantage.

Q: Investorideas.com

Your reported revenue guidance of $2.6 million for the second quarter 2013; can you give insight to where you see the revenue growth within each division?

A; Mr. Matthew Flemming, CEO HII Technologies

This is modeled off our current revenue run rates by division and again because of our two newer divisions we believe we will continue to see good top line revenue growth on a consolidated basis.

Q: Investorideas.com

Where do you see the most potential moving forward?

A; Mr. Matthew Flemming, CEO HII Technologies

The water market is very large and growing especially in oil and gas segment. Its is possible that the water market for oilfield could represent a large long term opportunity if the commodity scarcity continues to play a role and oil/gas companies continue to pay such hefty amounts to source water for their hydro-fracing uses.

About HII Technologies, Inc. (OTCBB: HIIT)

HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services to its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy operates as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). Read more at www.HIITinc.com, www.AESwatersolutions.com and www.oilfield-generators.com.

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