EnviroResolutions,
Inc. Announces Merger with Ecogen Power Corporation
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--EnviroResolutions,
Inc. ("EnviroResolutions"), a publicly traded company on the
Pink Sheets: trading symbol: ENVI, is pleased to announce that it has
signed a definitive Share Exchange Agreement with Ecogen Power Corporation
("Ecogen").
Ecogen designs and produces environmental control
systems and equipment for the North American market. This merger allows
us to proceed with the manufacture of our patented bubble scrubber which
removes sulphur dioxide, nitrogen oxide, and particulate from the exhaust
of diesel engines. We are presently building a website at enviroresolutions.com
for more detailed information. Ecogen was incorporated in 2001 with
a mission to become a global supplier of innovative pollution control
systems and equipment.
President of EnviroResolutions, Mr. Randall Lanham
stated, "We are extremely pleased with the opportunity this merger
brings to our company."
The closing of this business combination is subject
to certain requirements, including funding, capital structure and the
satisfaction of other customary conditions for both parties.
CONTACT:
For further information contact Jim Blair or Ken McClelland at 604-987-6543
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Safe Harbor statement under the Private Securities
Litigation Reform act of 1995: The statements in this release relating
to completion of the acquisition and the positive direction are forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. Some or all of the results anticipated by these forward-looking
statements may not occur. Factors that could cause or contribute to
such differences include, but are not limited to, contractual difficulties
which may arise, the failure to obtain necessary approvals, the future
market price of EnviroResolutions common stock and the ability to obtain
the necessary financing.
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