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.