Enerlabs, Inc. Signs Letter of Intent to Acquire 3rd Laboratory
OKLAHOMA CITY, Feb. 28, 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
third laboratory specializing in hydrocarbon testing and located in
Oklahoma. This laboratory is a full service analytical
laboratory with 5 employees serving the areas and industries of
petrochemical, petroleum products, refinery, manufacturing,
agricultural and environmental. This laboratory has current
annual sales of approximately $500,000.00.
"We are excited about the opportunity to acquire this laboratory
that we believe has outstanding growth potential," stated
George Shaw, President. "They have
well qualified personnel and offer a full line up of services in
the rapidly growing hydrocarbon testing sector."
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.