Business in the Burbs

Solucorp announces licensing agreement

October

Solucorp Industries Ltd. of West Nyack announced an agreement with 1 Lane Technologies Corp. to use Solucorpâ€™s technology to clean up heavy metals contamination at closed industrial sites in much of the world. The agreement excludes North America, South America, Central America, Russia, and China. Solucorp said that it will receive $1 million in cash and $4 million in stock from Delaware-based 1 Lane in exchange for the exclusive licensing rights.

This entry was posted on Tuesday, October 28th, 2008 at 12:27 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
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