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Re: capnmike post# 17459

Saturday, 01/27/2007 10:40:25 AM

Saturday, January 27, 2007 10:40:25 AM

Post# of 45771
CDEX gets assistance - now THIS is what I'm talk'n about...

New Headquarters, New Business Opportunities for CDEX with Assistance from TREO

http://treoaz.org/TREO/media/docs/Press%20Releases/TREO%20CDEX%20Press%20Release.pdf

For Immediate Release
Contact TREO:
Laura Shaw, Vice President of Marketing and Communications
(520) 243-1940, (520) 609-5972 cell or laura.shaw@treoaz.org
Contact CDEX:
Tim Shriver, interim President and CEO
(520) 514-6393 or Cdexmanagement@cdex-inc.com
New Headquarters, New Business Opportunities for CDEX with Assistance from TREO
- CDEX will use TREO’s BusinessLINC program to identify local business partners -
(January 19, 2007) – CDEX Inc. today announces its plans to use TREO’s BusinessLINC program in order to identify local vendors and business partners for the company, which recently announced plans to relocate its headquarters from Rockville, Maryland to Tucson. The public company, a developer of chemical detection and validation devices, will consolidate all of its administrative and corporate functions in early 2007 to its office at 4555 S. Palo Verde Road, which currently houses the company’s research and development laboratory.
The company’s move to Tucson triggers a need for locally sourced professional services, and TREO’s BusinessLINC program has proven to be a perfect match to assist CDEX in identifying those services.
“We appreciate the assistance TREO is providing CDEX as we consolidate business operations to Tucson,” said Tim Shriver, interim President and CEO for CDEX. “We have been very pleased with the productive relationships we have with our Tucson -based suppliers. We are a lean company and have outsourced manufacturing of our ValiMed healthcare product to Tucson-based Mastek-Innerstep and TAG Engineering. Through assistance from TREO’s BusinessLINC, CDEX found several additional Tucson-based companies who were also awarded contracts for the ValiMed supply chain including Schnipke Southwest, Anderson Painting, The Metal Man, and Whitmark Packaging.”
TREO’s BusinessLINC program focuses primarily on increasing awareness of the products and services available throughout Southern Arizona and seeks to identify new sales opportunities for local small businesses. BusinessLINC's comprehensive and interactive database profiles the capabilities of regional businesses and provides online searchable access for matching buyer needs with listed seller capabilities and products. Since beginning operations in July 2005, TREO has generated $4.7 million in sales for local companies through BusinessLINC.
“Becoming the headquarters for a prestigious technology company will boost Tucson’s reputation nationally,” said Lee Smith, Sr. Vice President, Business Development for TREO. “TREO is pleased to help facilitate CDEX’s move to Tucson through assistance from our BusinessLINC program.”
About CDEX Inc.
CDEX Inc. is a technology development company with a current focus on developing and marketing products using chemical detection and validation technologies. At present, CDEX is devoting its resources to two distinct areas: (i) Quality Assurance Products (e.g., validation of prescription medication and detection of counterfeit or sub-par products for brand protection); ValiMed is one line of CDEX products for the healthcare market; and (ii) identification of substances of concern (e.g., illegal drugs for law enforcement in the homeland security market). For more information, visit www.cdex-inc.com.
About TREO (Tucson Regional Economic Opportunities, Inc.)
TREO’s mission is to provide insight, infrastructure, resources and development efforts to accelerate economic prosperity throughout the Southern Arizona region. Combining programs and services into one organization, TREO supports the creation of new business, the growth and expansion of existing businesses, and the attraction of companies that offer high-impact jobs and share the community’s values. For more information, visit www.treoaz.org.
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