Enerlabs Signs Agreement to Purchase 3rd Laboratory
OKLAHOMA CITY, May 14, 2013 /PRNewswire/ -- Enerlabs, Inc. (OTC pink:ENLB), an energy & environmental laboratory company, announced today that it has signed an Asset Purchase Agreement to acquire a 3rd testing laboratory for $600,000.00. Subject to financing, closing is anticipated within the next 90 days.
This laboratory specializes in hydrocarbon testing and is located in Oklahoma. This laboratory is a full service analytical lab serving the areas and industries of petrochemical, petroleum products and refinery. Employing ASTM and API approved methodology; their analysts provide data that assists clients in measuring their environmental impact, ensuring the efficiency of their processes and determining the quality of their products.
Further announcements will be forthcoming.
About Enerlabs, Inc.
The management of Enerlabs, Inc. has 25 years of experience working with public companies in the energy sector. 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.