SOURCE: Techlabs, Inc.

May 15, 2008 09:19 ET

Techlabs Announces Negotiation and Expansion Strategy

JENSEN BEACH, FL--(Marketwire - May 15, 2008) - Techlabs, Inc. (PINKSHEETS: TCHL) reported that it is currently in negotiation to acquire and therein establish an organic, gourmet, and specialty foods line of products along with its current efforts in beverage products. The Company expects to conclude the acquisition prior to month end.

Further the Company noted that it is in the final stages of its due diligence with regards of the beverage products.

This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors, including those set forth in Techlabs, Inc.'s filings with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Techlabs, Inc. undertakes no obligation to update such statements.

Contact Information

  • For further information regarding the company, contact:
    Techlabs, Inc.
    (267) 350-9210