Aqua Care Systems Inc. and E V Environmental Inc. announce termination of discussions on proposed merger.HOLLYWOOD, Fla.--(BUSINESS WIRE)--Nov. 9, 1995--Thursday, William K. Mackey, chairman of the board and chief executive officer of Aqua Care Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AQCR AQCR Air Quality Control Region (US EPA) AQCR Air Quality Control Regulation ) and Michael R. Cox, chairman and president of E V Environmental Inc. (NASDAQ:EVEN) stated that the companies had agreed not to proceed with the proposed merger at this time. The parties also agreed that this decision would not preclude future discussions and negotiations between the parties. Aqua Care Systems Inc. is a Florida-based Delaware corporation that was formed in 1990 and which became operational in May 1991 for the purpose of acquiring operating companies primarily in the industrial wastewater treatment Industrial wastewater treatment A group of unit processes designed to separate, modify, remove, and destroy undesirable substances carried by wastewater from industrial sources. and water filtration and purification industries. CONTACT: Aqua Care Systems Inc., Hollywood William K. Mackey, Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 305/925-9993 |
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