NT Holding Corp. Signs Completes Acquisition of Health Source Technologies, Inc.
NT Holding to become HST Global
(EMAILWIRE.COM, May 09, 2008 ) Hampton, VA -- NT Holding Corp. (OTCBB: NTHH) announced today that it has completed the acquisition of Health Source Technologies, Inc. of Hampton, Virginia. As part of the acquisition, NT Holding will be renamed HST Global, Inc.
“We are extremely excited about the opportunity to merge with a visionary company in the process of implementing a well thought out plan to prove the merits of its cancer research. NT Holding has spent countless months evaluating the best opportunities which would enhance the value of our company for its shareholders,” said Alan Lew, CEO of NT Holding Corp. We are pleased that Health Source has chosen to partner with NT Holding Corp. for this great cause.”
“The build out of HST Global and Health Source Technologies through this acquisition, and seeking approval by the FDA for initial clinical trials for breast cancer treatment, requires a capital structure which includes the participation of Wall Street and the Investment banking community,” said Ron Howell, President of HST. “In reviewing the human and financial capital necessary to bring breakthrough medical treatments to market we realized the private sector could not support our efforts. Once the determination was made to take our company public, a merger with NT Holding Corp. made perfect sense.”
About Health Source Technologies, Inc. HST Global is in the business of developing new drugs to combat cancer.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
NT Holding Corp.
info@ntholdingcorp.com
(775)262-0128
HST Global, Inc.
ir@hstglobal.com
757-766-6100
This press release was issued through GroupWeb EmailWire.Com: http://www.emailwire.com
“We are extremely excited about the opportunity to merge with a visionary company in the process of implementing a well thought out plan to prove the merits of its cancer research. NT Holding has spent countless months evaluating the best opportunities which would enhance the value of our company for its shareholders,” said Alan Lew, CEO of NT Holding Corp. We are pleased that Health Source has chosen to partner with NT Holding Corp. for this great cause.”
“The build out of HST Global and Health Source Technologies through this acquisition, and seeking approval by the FDA for initial clinical trials for breast cancer treatment, requires a capital structure which includes the participation of Wall Street and the Investment banking community,” said Ron Howell, President of HST. “In reviewing the human and financial capital necessary to bring breakthrough medical treatments to market we realized the private sector could not support our efforts. Once the determination was made to take our company public, a merger with NT Holding Corp. made perfect sense.”
About Health Source Technologies, Inc. HST Global is in the business of developing new drugs to combat cancer.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
NT Holding Corp.
info@ntholdingcorp.com
(775)262-0128
HST Global, Inc.
ir@hstglobal.com
757-766-6100
This press release was issued through GroupWeb EmailWire.Com: http://www.emailwire.com
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