Inter-Americas, Inc. Makes Offer for Nuclear Solutions, Inc.
2007年12月26日 - 11:45PM
PRニュース・ワイアー (英語)
WOODSTOCK, Ill., Dec. 26 /PRNewswire/ -- Inter-Americas, Inc. (IA),
a private-financial resources and investment company, dedicated to
emerging and leading edge technologies while focusing on
environmental renewal, conservation and protection, announced a
$110 million unsolicited cash bid to purchase Nuclear Solutions,
Inc. (OTC:NSOL) (BULLETIN BOARD: NSOL) . In a December 21, 2007
letter to Nuclear Solutions, Inc., Inter-Americas, Inc. outlined
its intention to purchase all outstanding common stock (on a fully
diluted basis), assets, technologies, current and future business
operations and its wholly-owned subsidiary Fuel Frontiers, Inc.
(FFI). "Inter-Americas' acquisition of Nuclear Solutions will allow
for greater facilitation of technologies and businesses within our
consortium of companies. The integration of Fuel Frontiers' plasma
conversion technology with Full Circle Energy, Inc. thermal
technologies, one of IA's consortium companies, will create greater
opportunities for expansion and the capturing of market share
within the fast-growing alternative energy markets," said Larry
Romano, president, Inter-Americas, Inc. The flexible technological
approach of FFI in adapting to the fuel crisis using multiple
strategic sites and potential feedstock sources to produce
biofuels/ biodiesel and integrating this with other consortium
companies' system makes this acquisition a win-win for IA. With FFI
and Full Circle Energy's technology and flexibility to change the
catalyst they can adapt and produce what is in demand. This press
release contains forward-looking statements that involve risks and
uncertainties concerning Inter-Americas' acquisition of Nuclear
Solutions, Inc. Actual events or results may differ materially from
those described in this press release due to a number of risks and
uncertainties. The potential risks and uncertainties include, among
others, ability of the parties to complete the proposed
transaction; the successfully integration of operations and
employees; and general economic conditions. DATASOURCE:
Inter-Americas, Inc. CONTACT: Larry Romano of Inter-Americas, Inc.,
+1-630-893-9400
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