Enerlabs, Inc. Signs Letter of Intent to Acquire 4th Laboratory
OKLAHOMA CITY, June 25, 2013 /PRNewswire/ -- Enerlabs, Inc. (OTC Pink: ENLB), an energy & environmental laboratory company, announced today that it has signed a letter of intent to acquire a 4th testing laboratory in California for $1,700,000.00. This laboratory has provided specialized air testing services for 16 years and has withstood the extensive NELAP certification process since 2003. An expansive range of air analyses are offered at this laboratory in the areas of volatile organics, landfill gas, petroleum hydrocarbons, volatile sulfur compounds, fixed gases, natural gas, ozone precursors, dissolved gases and ultra low-level volatile organics in ambient air.
"We were impressed with the quality of the people, operations and services at this laboratory," stated George Shaw, President, "This lab appears to be a great fit to our growth model and we have already noticed opportunities for cross-over sales as the other participating laboratories do not offer many of these types of air analyses."
Further announcements will be forthcoming.
About Enerlabs, Inc.
We are currently negotiating to combine our public resources with established laboratories 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 laboratories that participate such as, volume discount purchasing, shared software, combined accounting, group insurance and cross-over sales. We look forward to initiating this business plan in 2013. 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.
SOURCE Enerlabs, Inc.