OKLAHOMA CITY, Dec. 19, 2013 /PRNewswire/ -- Enerlabs, Inc. (OTC
pink:ENLB) today announced that the company has reached verbal
agreements to merge with four companies.
One of the companies manufactures and sells a variety of
chemicals and products.
The other three companies are energy and environmental testing
laboratories.
The combined annual revenue of the four companies is
approximately $30,000,000.
The merger of the four companies, which is expected to take
place in early 2014, is subject to the execution of definitive
agreements and the approval of the merger by the shareholders of
these companies.
More specific information regarding the pending merger will be
announced at a later date.
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. 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.
