Home > Press > Investment News Alerts: nCoat (OTC BB: NCOA) Acquires JET-HOT(R) Coatings
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.
Investment News Alerts: nCoat (OTC BB: NCOA) Acquires JET-HOT(R) Coatings
LAKE HARMONY, PA | Posted on June 20th, 2007
Today, nCoat, Inc. (OTCBB: NCOA) announced that it has successfully completed a strategic acquisition. nCoat is an emerging nanotechnology company focused on development and marketing of coatings applied to metal, ceramics, fabric, and other materials. Today it finalized an agreement to acquire Metallic Ceramic Coatings, also known under the brand of JET-HOTŪ Coatings. nCoat signed a stock purchase agreement to buy all capital stock in MCCI for $5 million cash and $1 million in nCoat common stock, or approximately one times projected 2007 revenue. "The acquisition of MCCI/ JET-HOTŪ, combined with High Performance Coatings, Inc. (HPC), our first acquisition in 2005, doubles our size and creates a highly competitive force in automotive, trucking and aerospace coatings," said Paul Clayson, CEO of nCoat. "We can now add nano-coatings to the product mix of MCCI/JET-HOTŪ and cross sell the best of the products of both companies. With the 25 years of market experience of HPC and the 27 years of market experience of JET-HOTŪ, nCoat now has a depth of engineering and technical expertise not previously known in this market."
For an in-depth analyst report, please visit:
Other active stocks are Expedia (NASDAQ: EXPE), UAL Corporation (NASDAQ: UAUA) and Gentex Corporation (NASDAQ: GNTX).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $530.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send No Faxes or emails.
For more information, please click here
Copyright © Market Wire
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
'Giant' charge density disturbances discovered in nanomaterials: Juelich researchers amplify Friedel oscillations in thin metallic films November 26th, 2014
Lawrence Livermore researchers develop efficient method to produce nanoporous metals November 25th, 2014
Research yields material made of single-atom layers that snap together like Legos November 25th, 2014
Aromatic food chemistry to the making of copper nanowires November 24th, 2014
Study details laser pulse effects on behavior of electrons November 28th, 2014
Single-atom gold catalysts may offer path to low-cost production of fuel and chemicals November 28th, 2014
Production of Anticancer Drug from Nanofibers in Iran November 28th, 2014
The mysterious 'action at a distance' between liquid containers November 26th, 2014
Keysight Technologies Begins Trading as Independent Company November 3rd, 2014
PEN Inc. Chairman, Scott Rickert, Will Webcast a Live Company Update September 25, 1 PM EDT September 17th, 2014
State University of New York Trustees Unanimously Approve SUNY Polytechnic Institute (SUNY Poly) as New Name for Merged SUNY CNSE / SUNYIT September 9th, 2014
PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014