Techalt, Inc. Announces Entering into Negotiations to Acquire Proprietary Security/Business...
Techalt, Inc. Announces Entering into Negotiations to Acquire Proprietary Security/Business Enhancement Software Company
SEATTLE--(Business Wire)--
Techalt, Inc. (Pink Sheets:TCLT) ("Techalt" or the "Company")
today reports it has entered into negotiations to acquire a domestic
company with a technology that detects and tracks humans and vehicles.
The Company is currently in its due diligence review.
This target company provides a software that differentiates
between people, vehicles and other objects and delivers information in
real time. The software is designed to be platform independent and can
be integrated in Windows, Mac OS, Linux, UNIX, and other environments.
Dave Moore, Techalt's President, commented, "The potential
acquisition of this company is a perfect example of the early to mid
stage alternative technology companies Techalt is looking to acquire."
Techalt's business model as a public holding company is to pursue
quality opportunities in developing early to mid-stage alternative
technology, communications, environmental and health and wellness
companies.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended ("the
Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements which are based upon certain assumptions
and describe future plans, strategies and expectations, are generally
identifiable by the use of words as "believe," "expect," "intend,"
"anticipate," "project," or other similar expressions. These
forward-looking statements relate to, among other things, future
performance, and perceived opportunities in the market and statements
regarding the Company's mission and vision. The Company's actual
results, performance and achievements may differ materially from the
results, performance, and achievements expressed or implied in such
forward-looking statements. Additional factors that could materially
affect these forward-looking statements and/or predictions include,
among other things: (1) managing acquisitions and expansion of
operations; (2) obtaining necessary financing and managing existing
debt; (3) completing the investigation, acquisition and integration of
new business opportunities; (4) complying with federal, state and
local government and international regulations; and (5) other factors
over which we have little or no control.
For Techalt, Inc., Seattle
Joseph J. Malone, 786-375-0556
Information@EquityDigest.com
www.EquityDigest.com
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