J.F. Lehman & Company Completes Sale of National Response Corporation and Sprint Energy Services; Combined Business Now NYSE Listed - Seite 2

Alex Harman, former Chairman and current Director of the Company and a Partner at JFLCO, added, "Our successful partnership with management has enabled the creation of a highly differentiated global business with significant opportunities for continued growth.  In addition, the sale of NRC Group represents an excellent outcome for our investors, whose support has been essential to our organization's success."

"We are looking forward to continuing our partnership with the Company's senior management team to further accelerate the Company's organic and acquisition-driven growth strategy," said Glenn Shor, current Director of the Company and a Managing Director at JFLCO.

Stifel and Houlihan Lokey Capital, Inc. served as financial advisors to JFLCO and Jones Day and Blank Rome LLP provided legal counsel.

Forward‐Looking Statements

This news release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include, but are not limited to: (1) references with respect to the anticipated benefits of the transactions; (2) management following the transactions; (3) the continued listing of the Company's securities on the NYSE American and (4) expected growth by NRC Group.

These forward-looking statements are not guarantees of future results and are subject to various risks, uncertainties and assumptions that could cause actual results to differ materially and adversely from those expressed in any forward-looking statement, and which include, but are not limited to, the following factors: (1) the outcome of any legal proceedings that may be instituted against NRC Group, JFLCO or the Company following the completion of the transaction and related transactions; (2) the ability to maintain the listing of the Company's securities on the NYSE American following the transaction; (3) the ability to recognize the anticipated benefits of the transaction, which may be affected by, among other things, competition and the ability of the combined business to grow and manage growth profitably; (4) unexpected costs, charges or expenses related to or resulting from the transaction; (5) changes in applicable laws or regulations; (6) the possibility that NRC Group may be adversely affected by other economic, business, and/or competitive factors; and (7) other risks and uncertainties indicated in the definitive proxy statement filed by HCAC with the Securities and Exchange Commission (the "SEC") on October 1, 2018 in connection with the transactions, including those under the heading "Risk Factors" therein, and other factors. Investors and potential investors are urged not to place undue reliance on forward-looking statements in this news release, which speak only as of this date. Neither the Company nor JFLCO nor NRC Group undertakes any obligation to revise or update publicly any forward-looking statement to reflect future events or circumstances. Nothing contained herein constitutes or will be deemed to constitute a forecast, projection or estimate of the future financial performance of the Company or NRC Group, following the implementation of the transactions or otherwise. In addition, actual results are subject to other risks identified in the Company's prior and future filings with the SEC, available at www.sec.gov.