Navigation Links
Mach One Executes Definitive Agreement to Acquire Biopharmaceutical Design & Engineering Firm
Date:2/11/2009

BELGIUM, WI, Feb. 11 /PRNewswire-FirstCall/ -- Mach One Corporation (Pink Sheets: MNCN), a global health company that develops biotechnology based solutions that produce positive, long term benefit to the agricultural and consumer markets, announced today that it has executed its definitive agreement to acquire Modular Process Constructors LLC.

The purchase price of $500,000 in the form of Convertible Preferred Stock with a conversion price of .50 per share will allow Mach One to bring in house the engineering and design experience needed to roll out its capacity expansion on a national basis -- plans that include up to 17 facilities nationally. Bringing needed in-house expertise along with the ability to engineer and design systems for world class customers, Mach One takes an important step in building their internal expertise for organic growth.

Monte B. Tobin, Chairman and Chief Executive Officer of Mach One, said, "We welcome the expertise to facilitate expansion of our business model internally combined with key engineering experts who are able to work externally with world class customers in the biopharmaceutical industry."

"This is yet another major building block Mach One is leveraging to advance our business plan through our new director, Tad M. Ballantyne. Tad joined the board with our recent acquisition of Pacific Rim Foods Ltd. and is also Managing Director of the parent company of Modular Process Constructors LLC. Through these key associations, Mr. Ballantyne has provided both capital and technology to Mach One in the execution of our business model. It's important to see that our acquisition strategy is accretive to our core business by the addition of not only revenues and assets, but of highly specialized knowledge and expertise," added Tobin.

About Mach One Corporation:

Mach One Corporation (www.machonecorp.com) is a global health company that provides biotechnology based solutions to help address one of the world's most pressing and costly needs -- positive, long-term health and longevity benefits for disease-threatened animals of large commercial operations. Mach One provides broad spectrum immunoglobulin and nutraceutical products that offer a new level of cost effectiveness, improved health and ease of treatment -- with an initial focus on the dairy industry. Mach One intends to fully leverage the potential of its breakthrough solutions -- breakthroughs that one day will also include consumer applications.

Cautionary Statement: This news release may include certain "Forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act, as amended. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. This notice expressly qualifies all forward-looking statements in this release.


'/>"/>
SOURCE Mach One Corporation
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. Powersafe Technology Corp. Recapitalizes, Executes Merger Agreement with Amplification Technologies, and Invests in Amplification
2. Diamyd Strengthens Financial Position and Executes a Fully Subscribed Direct Placement
3. Rosetta Genomics Executes Binding Term Sheet to Acquire U.S. CLIA-Certified Lab to Expedite Commercialization of Diagnostic Tests
4. New Edition of Definitive Resource in Tissue Engineering Released Today
5. Arrow International Files and Mails Definitive Proxy Materials
6. IsoTis Files Definitive Proxy Statement
7. Acorn Acquisition Corp Announces Definitive Agreement to Acquire Lumen Medical Inc.
8. Elbit Medical Imaging Ltd. Announces Definitive Agreements for a Large Scale Luxury Mixed Use Project in Bangalore, India
9. Nabi Biopharmaceuticals Announces Mailing of Definitive Proxy Statement and Release Date of Third Quarter 2007 Financial Results
10. Advanced Life Sciences Enters Into Definitive Securities Purchase Agreements for $20 Million with New and Existing Institutional Investors
11. Bayer HealthCare Affiliate MEDRAD and Possis Medical Sign Definitive Merger Agreement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... ... 2016 , ... In a new case report published today in STEM CELLS ... developed lymphedema after being treated for breast cancer benefitted from an injection of stem ... with this debilitating, frequent side effect of cancer treatment. , Lymphedema refers ...
(Date:6/23/2016)...  Blueprint Bio, a company dedicated to identifying, protecting ... has closed its Series A funding round, according to ... "We have received a commitment from Forentis Fund that ... meet our current goals," stated Matthew Nunez . ... complete validation on the current projects in our pipeline, ...
(Date:6/23/2016)... On Wednesday, June 22, 2016, the ... the Dow Jones Industrial Average edged 0.27% lower to finish ... 0.17%. Stock-Callers.com has initiated coverage on the following equities: Infinity ... NKTR ), Aralez Pharmaceuticals Inc. (NASDAQ: ... ). Learn more about these stocks by accessing their free ...
(Date:6/23/2016)... Prairie, WI (PRWEB) , ... June 23, 2016 ... ... consultancy focused on quality, regulatory and technical consulting, provides a free webinar ... is presented on July 13, 2016 at 12pm CT at no charge. , ...
Breaking Biology Technology:
(Date:4/28/2016)... Sweden , April 28, 2016 First ... M (139.9), up 966% compared with the first quarter of 2015 ... profit totaled SEK 589.1 M (loss: 18.8) and the operating margin ... 7.12 (loss: 0.32) Cash flow from operations was SEK ... The 2016 revenue guidance is unchanged, SEK 7,000-8,500 M. ...
(Date:4/26/2016)... , April 27, 2016 ... "Global Multi-modal Biometrics Market 2016-2020"  report to their ... , The analysts forecast the global ... of 15.49% during the period 2016-2020.  ... of sectors such as the healthcare, BFSI, transportation, ...
(Date:4/15/2016)... , April 15, 2016  A new ... make more accurate underwriting decisions in a fraction ... timely, competitively priced and high-value life insurance policies ... screenings. With Force Diagnostics, rapid testing ... lifestyle data readings (blood pressure, weight, pulse, BMI, ...
Breaking Biology News(10 mins):