U.S. ALCOHOL TESTING OF AMERICA RAISES $5 MILLION
U.S. ALCOHOL TESTING OF AMERICA RAISES $5 MILLION RANCHO CUCAMONGA, Calif., Feb. 20 /PRNewswire/ -- U.S. Alcohol
Testing of America Inc. (AMEX: AAA) announced that it has completed $5 million in a private financing for its European Division, U.S. Alcohol and Drug Testing International, P.L.C. The equity raised will be used to fund the company's expansion into the European community.
U.S. Alcohol and Drug Testing International, P.L.C. has an exclusive licensing agreement with U.S. Alcohol Testing of America Inc., to market its complete line of alcohol and drug testing equipment throughout Europe. U.S. Alcohol Testing of America Inc., manufactures, markets and distributes unique alcohol and drug detection equipment and devices. -0- 2/20/92 /CONTACT: James Witham of U.S. Alcohol Testing of America, 800-753-4625/ (AAA) CO: U.S. Alcohol Testing of America Inc. ST: California IN: MTC SU: FNC AH-TS -- NY050 -- 0948 02/20/92 12:51 EST
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|Date:||Feb 20, 1992|
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