U.S. BioDefense, Inc. Signs Letter of Intent to Acquire Emergency Disaster Systems Inc.
-------------------------------------------------------------------------------- Tue Jul 25 09:04:44 2006 EDT CITY OF INDUSTRY, Calif., July 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- U.S. BioDefense, Inc. (OTC Bulletin Board: UBDE) announces that it has signed a Letter of Intent to Acquire Emergency Disaster Systems, Inc. (EDS), a forerunner in disaster preparedness.
EDS was originated in 1989 to provide earthquake preparedness supplies to communities through out California. The company began by providing individual preparedness kits that have evolved into Emergency Medical Services (EMS) support and mass casualty rapid response systems. Today the company serves communities, governments, industries and Fortune 500 companies around the world with innovative emergency preparedness technology.
"We are excited to inform our investors of our entry into the early disaster preparedness industry. Acquiring EDS and collaborating closely with their key personnel will allow us to make a quick and significant impact in the disaster preparedness and recovery industry," said David Chin CEO of U.S. BioDefense.
Mr. Chin went on to say, "EDS will allow us to expand our Homeland Security division, by focusing on the mitigation, preparedness, response, and recovery from all forms of terrorist attacks and natural disasters."
About U.S. BioDefense, Inc.
U.S. BioDefense is a Department of Defense central contractor that researches, develops, and commercializes homeland security and leading-edge biotechnology. U.S. BioDefense, Inc. is focused on transferring, researching, and commercializing groundbreaking technology from Universities, Research Labs, Fortune 500 Companies, and Government Agencies.
About Emergency Disaster Systems, Inc.
Emergency Disaster Systems is a leading provider of disaster mitigation services, emergency preparedness, and first response products to local communities, government agencies and Fortune 500 companies. Emergency Disaster Systems is committed to the protection of our children's lives and communities from the devastating aftermath of a catastrophic event.
Contact: David Chin U.S. BioDefense, Inc. 626-961-0562
SOURCE U.S. BioDefense, Inc.
CONTACT: David Chin of U.S. BioDefense, Inc., +1-626-961-0562
U.S. BioDefense Taps New Revenue Stream Through Emergency Disaster Systems by Purchasing 100% Control 11:09 a.m. 08/10/2006 Provided by
CITY OF INDUSTRY, Calif., Aug 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- U.S. BioDefense, Inc. (UBDE) today announces it has secured 100% ownership of the issued and outstanding shares in Emergency Disaster Systems (EDS), a forerunner in the disaster mitigation and preparedness industry. This event officially launches U.S. BioDefense's Homeland Security division Emergency Preparedness Program.
Emergency Disaster Systems, a wholly owned subsidiary of U.S. BioDefense, will build upon its 17 year company history by accessing and leveraging the resources of capital markets to ramp up its growth in what is largely an underserved market. Industry leaders and the federal government report that America will spend over 24 billion dollars in 2007 for domestic defense, emergency preparedness and response to catastrophic events.
"The addition of Emergency Disaster Systems to U.S. BioDefense is significant in that it will strengthen U.S. BioDefense by diversifying into a complimentary and symbiotic industry. The partners and strategic advisors associated with EDS will certainly present new opportunities for U.S. BioDefense by expanding the company's pool of knowledge and intellectual capital. The recently secured funding for $200,000 and the move to a 7000 square foot facility were in preparation for and in anticipation of EDS and the significant revenues that will be generated from this division," commented David Chin, CEO of U.S. BioDefense.
EDS originated in 1989 to provide earthquake preparedness supplies to communities throughout California by providing individual preparedness kits that later evolved into Emergency Medical Services (EMS) support and mass casualty rapid response systems. Today the company serves communities, governments, industries and Fortune 500 companies around the world with innovative emergency preparedness technology, systems and services.
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