SOURCE: Infrared Systems International

December 20, 2010 09:00 ET

Infrared Systems International Closes AquaLiv Transaction and Pushes Further Into Emerging Technologies

SILVERDALE, WA--(Marketwire - December 20, 2010) - Infrared Systems International (OTCBB: IFRS) is pleased to announce that the Company has acquired 50% ownership of AquaLiv, Inc., a privately held life sciences research and development company best known for its health-enhancing water purification system, in exchange for 400,000 shares of Preferred stock. The transaction was valued at $400,000.

Recent advancements in AquaLiv's technology uncovered a new field of biological information science. With direct applications in the industries of water purification, environmental science, agriculture, animal husbandry, personal use products, and medicine, AquaLiv is ready to expand its innovative product offering.

The transaction was finalized December 16, 2010 at Infrared Systems International's headquarters following the completion of due diligence. AquaLiv's day-to-day operations will remain under the supervision of their current management team.

"Infrared Systems saw the potential and value of our technologies. We are looking forward to beginning 2011 with their full support," stated Craig Hoffman, President & CEO of AquaLiv, Inc.

"AquaLiv's collective technologies hold a great deal of promise in several industries. The further we delved into our due diligence of AquaLiv, the more excited we got about the life changing possibilities ahead. 2011 will be an exciting and pivotal year for both AquaLiv and Infrared as we provide the needed leverage to bring these technologies to market," stated Bill Wright, CEO of Infrared Systems International.

To learn more about AquaLiv, please visit: www.aqualiv.net

About Infrared Systems International:

Infrared Systems International, through its wholly owned subsidiaries, offers unique solutions and applications for a variety of industries and emerging technologies. 

Focus Systems, Inc. is a service orientated, desktop virtualization, and VoIP information technology provider. Focus Systems' service essentially eliminates the need for their customers to buy, deploy, and maintain IT infrastructure. The move to cloud computing lowers customers' total cost of ownership by shifting critical systems to Focus -- including servers, backup, software, operating systems, updates, power, cooling, facility space, and internal staffing requirements. For more information, please visit: www.focus-sys.com.

Infrared Applications Inc. is a security and safety focused company. The latest technological advancements have been incorporated into a powerful blend of wireless operation and infrared imaging to provide a system that features redundancy, connectivity, independent verification, and seamless operation for a broad spectrum of security applications. Our patent-pending solutions benefit aviation, industrial infrastructure, military, homeland defense, and the private sector.

AquaLiv, Inc. is a life sciences research and development company. Recent advancements in AquaLiv's technology uncovered a new field of biological information science. With direct applications in the industries of water purification, environmental science, agriculture, animal husbandry, personal use products, and medicine, AquaLiv is ready to expand its innovative product offering. To learn more about AquaLiv, please visit: www.aqualiv.net.

Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information

  • Contact:
    Infrared Systems International
    360-536-4220