Adama Technologies Reports The Purchase of a Unique, Patented Clean-Tech Technology Dedicated to Energy Saving
The Patented Technology has Been Already Implemented With More Than 200 Clients Across Israel and has Generated, on a Regular Basis, US$1 Million Annually in Israel Alone
NEW YORK, September 28, 2010 /PRNewswire-FirstCall/ -- Adama Technologies Corporation - (OTC BB:ADAC) a clean tech company specifically dedicated to brownfield remediation with a Licensed of a patented and proven technology, today announced that it has signed a final agreement to purchase a patented Clean-Tech technology dedicated to energy saving when heating liquids, market estimated in annual figures of more then $5 billion and growing, that has proved its uniqueness in the last couple of years with more than 200 implementations across Israel. The technology has been generating a steady US$1 million in revenue for its owners with margin exceeding 30%. The purchase of the technology will expand Adama's technology portfolio and the cross-marketing opportunities worldwide.
Further information on the technology, abilities and other will be released in two weeks on our web site at http://www.adama-tech.com.
"The uniqueness of this patent will surely strengthen Adama's abilities to generate revenue in a short term with its current clients and potential prospects. There is no doubt that the technology's past and present list of clients are a real benchmark and a proof to its potential worldwide," stated Aviram Malik, CEO of Adama Technologies. "Energy saving is one of the main concerns our world is dealing with and I'm sure this technology will let Adama do its share in this straggle."
About Adama Technologies Corporation
Adama is a Brownfield remediation company whose foundation lies in its Licensed patented technology. The technology successfully treats all metals within the Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS). The technology has successfully completed the U.S. (EPA) "SITE" program and is ready for commercial use. For further information, visit: http://www.adama-tech.com.
Safe Harbor Statement
This release includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause actual results or outcomes to be materially different from those anticipated or discussed herein.
Contact:
Aviram Malik
+972-544459292
[email protected]
SOURCE Adama Technology Corp.
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