The Patented Technology has Been Already Implemented With More Than 200 Clients Across Israel and has Generated, on a Regular Basis, US$1 Million Annually in Israel Alone
NEW YORK - Adama Technologies Corporation - (OTC BB:ADAC) a clean tech company specifically dedicated to brownfield remediation with a Licensed of a patented and proven technology, today announced that it is in its final draft to purchase a patented Clean-Tech technology that has proved its uniqueness in the last couple of years with more than 200 implementations across Israel. The technology has been generating a steady US$1 million in revenue for its owners with margin exceeding 30%. The purchase of the technology will expand Adama's technology portfolio and the cross-marketing opportunities worldwide.
Further information will be released pending finalization of the agreement's last details, due in the next week or so.
'The uniqueness of this patent will surely strengthen Adama's marketing abilities with its current clients and potential prospects. There is no doubt that the technology's past and present list of clients are a real benchmark and a proof to its potential worldwide,' stated Aviram Malik, CEO of Adama Technologies. 'It is amazing how the technology has successfully generated revenue of US$ 1 million on a regular basis in Israel alone and without any real marketing efforts.'