Aqua Care Systems enters into joint venture agreement with Poly-Bio-Marine Inc. of Orange, N.J.HOLLYWOOD, Fla.--(BUSINESS WIRE)--Jan. 16, 1996--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 ) on Jan. 16, 1996, announced it has entered into a joint venture agreement with Poly-Bio-Marine Inc. of Orange, N.J. Aqua Care Systems Inc. and its subsidiaries, leaders in water filtration and purification, will incorporate Poly-Bio-Marine's patented and trademarked molecular absorption and submicronic filter media on a world-wide basis into its existing Di-tech cartridge line as well as its existing line of purification systems to include consumer products, food service systems, industrial and wastewater treatment applications. Poly-Bio-Marine Inc., a 20-year-old private corporation, provides Aqua Care with product and system filtration enhancement along with technical advantages for both companies worldwide. Poly-Bio-Marine is presently completing FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. certification of its products for filtration in the parts-per-billion range. Aqua Care Systems Inc. is a Florida-based Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , publicly traded on the NASDAQ exchange with its mission statement to acquire operating companies operating company A business that engages in transactions with outsiders. primarily in the water filtration/purification and wastewater treatment industries. CONTACT: Aqua Care Systems Inc., Hollywood William K. Mackey Chairman and Chief Executive Officer or Jeffrey L. Schultz Vice President, Marketing & Business Dev. 954/925-9993 |
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