HydraLogic Systems Inc.

HydraLogic Systems Inc.

June 01, 2006 12:51 ET

HydraLogic Completes Acquisition of Bayou City Mosquito Control Ltd.

TORONTO, ONTARIO--(CCNMatthews - June 1, 2006) -


Acquisition allows HydraLogic to launch its Bug DeFence™ program in the U.S. market

HydraLogic Systems Inc. (TSX VENTURE:HLS) announced today that it has completed the acquisition of all the assets and operations of privately owned, Houston, Texas based Bayou City Mosquito Control Ltd. ("Bayou"). Bayou is a mature, reputable full service mosquito control company that will bring to HydraLogic numerous highly skilled professionals with in-depth knowledge and relationships in the industry.

The acquisition will allow HydraLogic to introduce, market and sell its superior products through the reputable and long standing relationships of Bayou. Given the Company's geographic reach into the Southern United States, and its track record and abilities as a consolidator, management anticipates significant growth to be realized through a combination of organic growth and acquisitions. HydraLogic is now very well positioned to compete with the four leading companies in the United States.

"Building a footprint in the Southern United States has always been part of our growth strategy," noted Michael Beckley, President and Chief Executive Officer of HydraLogic Systems Inc. "Our recent successes and strong sales growth rate has allowed us to take this step and enter a new era of growth in the most demanding market in the United States. We expect significant increases in sales, while also reducing the historical seasonality impact to our business due to the cooler months of the year. The climate in the Southern United States will require mosquito control products and solutions all year round."

About HydraLogic

HydraLogic Systems Inc. is an environmental technology company that is focused on the replacement of harmful polluting chemicals with non-toxic environmentally responsible solutions. Its technologies are being commercialized through distribution partnerships with leading regional, national and international companies with clientele in the waste management, pest control and agricultural products industries.

This press release may contain forward-looking statements and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, among others, changes in general economic conditions, interest rates, government regulations, and competition. The Company disclaims any intention or obligation to update or revise any forward-looking statements unless required by applicable law.

The TSX VENTURE EXCHANGE has neither approved nor disapproved the contents of this press release.

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