SARO 0.0015 / 0.0016 Merger News >>
SEATTLE , June 3, 2009 (GLOBE NEWSWIRE) -- SARS Corporation ("SARS" or the "Company") (Pink Sheets:SARO) announced it has executed a merger agreement between its U.S.-based monitoring and management services business and an Illinois based conglomerate. The conglomerate of companies, specializing in mechanical and electrical construction, energy infrastructure, and facilities services, design and installation, includes Environmental Insulation, Inc. , ESDD, LLC , Alternatech, Inc. , Swank Enterprises, Inc. d/b/a Art & Print, Inc. , Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company , (collectively referred to as "Associated Mechanical"). The merger creates a new, multi-million dollar operating company that will focus on comprehensive building construction services and systems management technology, with combined annual revenue for 2009 expected to be approximately USD$35 Million . Services offered will include facilities system monitoring and controls and building automation for commercial spaces, giving the company the capability to provide 24/7 information on critical heating, air, electrical, and security systems for buildings of virtually any size
