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Royce Biomedical (RYBO.OB) Signs Letter Of Intent To Acquire Smart-Tek Communications, Inc.
10/19/2005 5:12:58 PM
CORTE MADERA, Calif.--(BUSINESS WIRE)--March 9, 2005--Royce Biomedical, Inc. ("Royce") (OTCBB:RYBO) announced today that it has signed a Letter of Intent to acquire Smart-Tek Communications Inc. ("SCI"). The acquisition is subject to standard due diligence and is anticipated to close by April 15, 2005.
SCI, based in Vancouver, BC and in business since 1997, specializes in integrated security and communication systems, including the design, sales, installation and service of CCTV, access control, intercom and communications systems, security surveillance and monitoring systems. SCI has positioned itself as one of the outstanding integrated security and surveillance system providers in British Columbia, Canada.
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