GRBG ~ Green Bridge Technologies Buys Air Pure Systems
Green Bridge Technologies International, Inc. (OTC: GRBT) said it has acquired Air Pure Systems Development, Inc., an Indiana company with devices designed to lower output emissions while improving fuel consumption in gasoline engines. Green Bridge Technologies said it purchased 80% of APS for an undisclosed amount of stock, cash and other considerations.
The acquisition of APS is part of Green Bridge’s strategy to acquire or license new energy efficient technologies and bring them to market.
Green Bridge Technologies concentrates on developing and marketing new energy efficient products and services, through its three divisions.
Through its wholly owned subsidiary, Ecologix, the company provides solutions for vehicle and asset recovery and tracking.