Dec 3, 2008 10:30:27 (ET)
SARASOTA, FL, Dec 03, 2008 (MARKET WIRE via COMTEX) -- Adrenaline Nation Media Networks Inc. (PINKSHEETS: ADND) announces the signing of a Letter of Intent to acquire Advanced Treatment Processes, Inc. (ATP) of Sarasota, Florida.
ATP is an environmental company that operates in the waste water treatment industry. Their services utilize a combination of proprietary and state of the art technologies to manage waste water treatment plant residuals. These residuals are more commonly referred to as "sludge." ATP is to be acquired through an all stock purchase arrangement.
"This acquisition paves the way for a bright, new opportunity for Adrenaline. ATP is a growth stage company operating within the enormous waste water sector. Its business prospects are global. The company has increasing revenue. We anticipate a solid future for Adrenaline due to this acquisition," stated John May, Director and President of Adrenaline. He goes on to say, "By executing the definitive material agreement with ATP that completes this transaction, the direction and focus of Adrenaline will change immediately. We expect a successful completion by next week."
ABOUT: Adrenaline Nation Media Networks is a broadband and Cable TV Network that is advertiser driven. The Company's focus is on its programming that is geared toward Independent Music and Artists.
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