Aquagenix acquires Green Pastures; Expands operations into Georgia and The South.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Dec. 31, 1996--Aquagenix 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 : AQUX, AQUXW), the leading aquatic and industrial vegetation management company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , announced today the acquisition of Green Pastures Inc. (GPI (Graphical Programming Interface) A graphics language in OS/2 Presentation Manager. It is a derivative of the GDDM mainframe interface and includes Bezier curves. ), a provider of roadside vegetation management services. Aquagenix acquired Atlanta-based Green Pastures for $600,000 in Aquagenix common stock in a stock for stock transaction. Green Pastures serves numerous counties throughout the state of Georgia and the south using high-tech computer controlled application systems along roadsides. In announcing the acquisition, Andrew Chesler, chairman and president of Aquagenix, said, "This acquisition is particularly strategic since it broadens our expansion in the deep south. The acquisition continues our growth strategy of internal development and targeted acquisitions." Aquagenix Inc. is the leading and only public company, providing aquatic and industrial vegetation management services to commercial, private, governmental and utility customers in the Sunbelt States. Headquartered in Fort Lauderdale, it has service offices in Daytona Beach Daytona Beach (dātō`nə), city (1990 pop. 61,921), Volusia co., NE Fla., on the Atlantic coast and Halifax River (a lagoon); inc. 1876. Center of a rapidly urbanizing area, in a region settled by Spanish Franciscans in the 17th cent. , Ft. Lauderdale, Ft. Myers, Jacksonville, Miami Lakes, Orlando, Palm Beach, Sarasota and Tampa, Fla.; Myrtle Beach and Hilton Head S.C.; Phoenix; and is opening offices in Atlanta and Montgomery, Ala. CONTACT: Aquagenix Inc. Andrew P. Chesler Helen Chia 954/975-7771 or KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Paul Holm/Joseph A. Mansi 212/682-6300 ext. 201/205 |
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