OKLAHOMA CITY, May 11, 2015 /PRNewswire/ -- Enerlabs, Inc.
(OTC pink: ENLB) is pleased to announce the execution of a purchase
agreement to acquire Zalco Laboratories (Zalco), a California company. Subject to
financing, Zalco will become a wholly owned subsidiary of
Enerlabs.
For over 30 years, Zalco has an established reputation in
providing accurate, timely and cost effective testing services for
petroleum, power, agricultural and governmental clients:
- The company has a state certified, ELAP accredited analytical
laboratory capable of producing quality environmental tests for
large volumes and complex samples.
- During 2014, the company established a well testing affiliate
to provide on-site production and fluid level testing for petroleum
clients.
Please see Zalco's website at www.zalcolabs.com
Management sees a synergy between Zalco and the previously
announced companies, STS and AccuSteam, which should create
opportunities to expand on the full line of products and services
offered by the companies combined.
Further announcements will be forthcoming.
About Enerlabs, Inc.
The management of Enerlabs, Inc. has 25 years of experience
working in public companies. We are currently negotiating to
combine our public resources with established laboratories and
related services companies that have experienced personnel,
up-to-date equipment and a history of providing reliable service to
their clients. Our strategy is to gain certain advantages
through networking the companies that participate such as, volume
discount purchasing, combined accounting, group insurance,
cross-over sales, shared software and most importantly shared
ideas. Please visit Enerlabs, Inc.'s website at
www.enerlabsinc.com.
Safe Harbor for Forward-Looking
Statements
Certain statements contained in this press release are
forward-looking statements. These forward-looking statements
involve risks and uncertainties that could cause Enerlabs' actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Except as required by
law, Enerlabs expressly disclaims any intent or obligation to
update any forward-looking statements.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/enerlabs-signs-agreement-to-acquire-3rd-company-300081005.html
SOURCE Enerlabs, Inc.