NEWPORT BEACH, Calif., Oct. 08, 2018 (GLOBE NEWSWIRE) — NuLife Sciences, Inc. (OTCQB: “NULF”) appear today that it has auspiciously bankrupt its ahead appear accord with two Louisiana-based cyberbanking aegis companies, finer “paving the way” for the Company’s planned amplification into the rapidly growing activity assurance and aegis industry.
According to Chairman Sean C. Clarke, the Aggregation has alloyed with LJR Aegis Services, Inc. (“LJR Security”), and its wholly-owned subsidiary, Gulf West Aegis Network, Inc. (“Gulf West”), both headquartered in Lafayette, LA. LJR Aegis and Gulf West were founded, endemic and operated by abiding anxiety industry adept Louis J. Resweber.
“While this is a above development for NuLife, I abundantly accept that this transaction can be additionally apparent as a notable accident in commendations to the all-embracing anxiety industry,” explained Resweber. “Indeed, with the achievement of this merger, there is now a new publicly-owned and stock-traded aggregation actively entering the activity assurance and cyberbanking aegis sector.”
“With NuLife accepting commonly focused on bio-medical and bloom affliction technologies, I accept the Company’s contempo accommodation to aggrandize from ‘life sciences’ to ‘life safety’ will prove to be an adapted and accessory ‘next step’ in the advancing change of this organization,” said Resweber, who spent the majority of his 35-year career in the anxiety industry, and who has been asked by the Board of Directors to accept a chief administration role in the accumulated companies.
Pursuant to the Accord Agreement, a wholly-owned accessory of NuLife Sciences, Inc. (“the Company” or “NuLife”) has alloyed with LJR Security. An absolute analysis of the accumulated LJR and Gulf West has been completed, and a Form 8-K has been filed with the U.S. Securities & Exchange Commission (“SEC”), analogue abounding capacity of the merger.
• Cardinal Decision:Eight weeks ago (on August 9, 2018), the Board of Directors of NuLife appear its cardinal accommodation to accompany new curve of business by entering into a accord acceding with LJR Security, which is alive in the hands-on engineering, design, sales, installation, service, analysis and alien ecology of residential and bartering anxiety systems.
Meanwhile, its wholly-owned subsidiary, Gulf West, is focused on the development and amplification of a proprietary accord of independently-branded activity assurance and acreage aegis providers, blaze active and aishment arrangement installers, cyberbanking alien ecology and video surveillance specialists, acute home designers, systems integrators, structured base professionals and electrical contractors.
Through LJR and Gulf West, the Aggregation affairs to focus on accretion its brand in the activity assurance and cyberbanking aegis industry which, according to IBIS World (Los Angeles, CA), is a rapidly-growing (but highly-fragmented) area comprised of added than 14,000 abandoned enterprises (including abounding baby “mom-and-pop” businesses) above the United States which are collectively breeding over $22 billion in annualized revenues; and which are accompanying experiencing both amplification (new business starts) as able-bodied as accretion alliance (mergers and acquisitions).
Market analysis consultants Stratistics MRC (Gaithersburg MD) sets the bar higher, assured the residential (home alarm) area of the bazaar to abound at a circuitous anniversary advance amount of 8.9% to added than $57 billion by 2022.
• About LJR Aegis Services, Inc.:LJR Aegis currently provides engineering, design, sales, installation, service, analysis and alien cyberbanking ecology of residential and bartering aegis anxiety systems primarily in Lafayette, Baton Rouge and New Orleans, LA, the three better busline markets in the State of Louisiana. For added advice on LJR, amuse visit: www.ljrsecurity.com.
• About Gulf West Aegis Network, Inc.:Gulf West Aegis Network is actively affianced in development and amplification of its proprietary affiliation of independently-branded activity assurance and acreage aegis providers, blaze active and aishment arrangement installers, cyberbanking alien ecology and video surveillance specialists, acute home designers, systems integrators, structured base professionals and electrical contractors. Gulf West is a wholly-owned accessory of LJR Security. For added advice on Gulf West Aegis Network, amuse visit: www.gulfwestsecurity.com.
• About NuLife Sciences, Inc.:NuLife Sciences, Inc. has commonly been a biomedical and technology (development stage) aing focused on the development of avant-garde and life-saving agency displace research; and additionally on the development of on-line websites accompanying to the application market. The Aggregation has, in the past, approved to access and / or absorb with added technology companies, with a focus on extenuative and acceptable lives. The Aggregation has ahead focused on advancing beastly agency displace technology and medical analysis with a apparent adequate different proprietary adjustment (“NuLife Technique”) that could potentially annihilate the charge for an agency or tissue bout and the call for anti-rejection drugs. In an attack to accommodated the massive charge for agency transplants (with over 123,000 candidates cat-and-mouse for a beastly agency in the U.S. alone), NuLife’s able address could prove to be acceptable for a array of analytic indications. The Aggregation has completed analysis appearance for its address and has after entering a Preclinical appearance involving beastly abstracts on its alleyway to commercialization. NuLife Sciences will additionally accommodate an online exchange and association to abetment in creating jobs and accredit entrepreneurs and account providers to action bloom accompanying articles and casework aural bounded markets. Initially congenital as SmooFi, Inc. in 2012, it adapted to NuLife Sciences in 2016. For added advice on the Company, amuse visit: www.nulifesciences.us.
• Safe Harbor Disclosure:This News Absolution contains assertive “forward-looking statements” aural the acceptation of the Private Securities Litigation Reform Act of 1995 that absorb risks and uncertainties, abounding of which are above the Company’s control. The Company’s absolute after-effects could alter materially and abnormally from those advancing in such advanced statements as a aftereffect of assertive factors, including those set alternating beneath and abroad in this News Release. All statements, added than statements of absolute facts, included in this News Absolution apropos the cleanup of the proposed Merger, the timing of the same, the absolute performance, timing and bartering activity of therapies beneath development, as able-bodied as statements apropos advance strategy, approaching operations, banking position, estimated acquirement or losses, projected costs, affairs and affairs and objectives of administration are advanced statements. When acclimated in this News Release, the words “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “plan” and agnate expressions are advised to analyze advanced statements, although not all advanced statements accommodate such anecdotic words. All advanced statements allege alone as of the date of this News Release. The Aggregation undertakes no obligation to amend any advanced statements or added advice independent herein. Abeyant investors should not abode disproportionate assurance on these advanced statements. Although the Aggregation believes that its plans, intentions and expectations appropriate by the advanced statements included in this News Absolution are reasonable, including the Merger, and the time currently accepted to aing the Merger, the Aggregation cannot assure abeyant investors that these plans, intentions or expectations will be achieved. The Aggregation discloses important factors that could account its absolute after-effects to alter materially from its expectations beneath “Risk Factors” in its best contempo Anniversary Report on Form 10-K for the Fiscal Year-Ended September 30, 2017, and abroad in this News Release. These cautionary statements authorize all advanced statements attributable to the Aggregation or to bodies acting on its behalf. For added advice apropos the Accord and the Accord Agreement, amuse see the Company’s Current Report on Form 8-K, to be filed with the U.S. Securities & Exchange Commission (the “SEC”) essentially accompanying with the date of the absolution of this News Release, and for added advice apropos the Company, amuse see the filings fabricated by the Aggregation with the SEC accessible on the SEC’s website at www.sec.gov.
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