COREwafer Industries, Inc. Paperwork Delivered for Merger with Core
Wafer Systems, Inc.
NEW YORK, Oct.. 25, 2012
/PRNewswire/ -- COREwafer Industries, Inc. (OTC Pink: WAFR) reports
that the merger filings, related to the acquisition of Core Wafer
Systems, Inc., a technology leader in semiconductor testing, have
been sent to the State of Nevada
and the State of New York.
The acquisition process is near completion, and shareholders
will be able to view the filings once the State of Nevada and the State of New York accept and process the
filings.
Gary Polistena, CEO of COREwafer
Industries, also comments on these events, "We have closed this
chapter in our company's history. The merger process is near
completion. We will now focus on business plan execution and
will update everyone on our progress against previously announced
projects, contracts, and company's futures. We will integrate Core
Wafer Systems into our financials and will continue forward with
expanding business through existing efforts, using our $10M line of credit, filing the registration
statement on Form S-1 and seeking listing on a higher
exchange."
About COREwafer Industries, Inc.
COREwafer Industries, Inc. (OTC Pink: WAFR.PK) is currently the
parent company of North East Expedite Logistics, a Transportation
company; and the parent of Core Wafer Systems, Inc., a technology
leader with their propriety measurement schema for physical
phenomena of semiconductor structures.
Please refer all shareholder inquiries to COREwafer Investor
Relations via Twitter @Corewafer, via Facebook
http://www.facebook.com/corewafer, or by emailing
investor@corewaferindustries.com
Company Web Site: http://www.corewaferindustries.com
Company Twitter: https://twitter.com/CoreWafer
Company Facebook page: http://www.facebook.com/corewafer
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Safe Harbor Statement
This press release contains
forward-looking statements. These forward-looking statements are
based on the current plans and expectations of management and are
subject to a number of uncertainties and risks that could
significantly affect the company's current plans and expectations,
as well as its future results of operations and financial
condition. Such risks include, but are not limited to, the effects
of competition with existing enterprises and/or new entrants into
the company's markets and industries, fluctuations in currency
exchange rates, domestic and global economic conditions generally,
the company's ability to obtain financing and attract suitable
personnel where required to fully implement its business plan, the
adoption and acceptance by the marketplace of the company's
technologies and product and service offerings, the possibility of
new technologies that are competitive with the company's planned
product and service offerings and the effects of future political
and economic developments both in the
United States and abroad, among others. The company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of information,
future events or otherwise.
SOURCE COREwafer Industries, Inc.