CleanAirTek Holdings Inc.
CleanAirTek Holdings Inc.: CleanAirTek Enters Negotiations to Acquire Medical Air Solutions
CleanAirTek Holdings Inc. CleanAirTek Enters Negotiations to Acquire Medical Air Solutions
Boca Raton, FL, June 29, 2010 – CleanAirTek Holdings, Inc. (Frankfurt Stock Exchange: CAK) announced today that it has entered into negotiations to acquire Medical Air Solutions, LLC, a Georgia based business specializing in providing air purification technologies to the healthcare marketplace, specifically for the treatment of airborne contaminants within critical care areas of hospital facilities. When concluded, the company expects Medical Air Solutions to operate as a wholly-owned subsidiary, while expanding into untapped areas within the healthcare marketplace with new and innovative offerings realized through a combination of both company's proprietary technologies.
'MAS is is the business of providing state-of-the-art solutions for its customers,' stated Lee G. Hadin, founder of Medical Air Solutions. 'With CleanAirTek, there is a synergetic fit to our technologies, allowing us to expand our presence in the healthcare marketplace.'
CEO of CleanAirTek, Raymond Brown said, 'MAS gives us immediate entrance to the healthcare marketplace. Their management team has unparalleled experience and reputation within the industry. We look forward to the new opportunities this combination will bring.'
About Medical Air Solutions With headquarters in Marietta, Georgia, Medical Air Solutions designs and manufactures the AirShield(TM) product line, providing positive pressure, negative pressure or recirculating air with ultra HEPA purification. The company specializes in designing, upgrading and/or the expansion of AIA designated critical care areas within hospitals.
For more information, please visit: www.MedicalAirSolutions.com.
About CleanAirTek CleanAirTek develops and offers proprietary emissions control and fuel management systems for diesel-powered vehicles and equipment. Along with its integration partners, the company's main family of products, ExhausTek and IonTek are a complete replacement to traditional DPF and NOx filter technologies, offering the ability to achieve or exceed desired emission reduction requirements while increasing fuel economy in a cost effective and near-zero maintenance solution.
For more information, please visit: www.CleanAirTek.com.
Contact Raymond T. Brown II, CEO CleanAirTek Holdings, Inc. +1 561-347-6474 e-mail: ir@cleanairtek.com End of Corporate News 29.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de |
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