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Post# of 4974665
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Monday, 03/19/2007 2:52:52 PM

Monday, March 19, 2007 2:52:52 PM

Post# of 4974665

$200 million for future investment and working capital.Company only has approx 35 million shares out after this merger . Nasdaq listed company .






ANLT -- Analytical Surveys, Inc.

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cpr%5C2007%5C03%5C19....

SAN ANTONIO and LAKE DALLAS, Texas, March 19, 2007 /PRNewswire-FirstCall via COMTEX/ -- Analytical Surveys, Inc. (ASI) (Nasdaq: ANLT), and Ecowood, Inc., (collectively, "the Companies") today announced that the Companies have entered into a definitive merger agreement, under which the Companies will be combined in a tax-free, all stock merger to form an environmentally friendly, diversified natural resource company. The Companies announced they had signed a letter of intent to merge on March 13, 2007.

The new company will also benefit from an existing financing package that provides access to more than $200 million for future investment and working capital.
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