GAITHERSBURG, Md. & WESTWOOD, Mass.--(BUSINESS WIRE)--Technest Holdings, Inc. (OTCBB: TCHE) (“Technest”) has merged with AccelPath, Inc. (“AccelPath” or the “Company”), a Delaware corporation and wholly-owned subsidiary of Technest, with AccelPath becoming the surviving corporation effective as of May 2, 2012. As a result of the merger, Technest has changed its name to AccelPath, Inc., reincorporated in Delaware and will trade under the symbol “ACLP” (OTCBB: ACLP). For more information on the merger, please see our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 8, 2012.
