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Jose Chavez, CEO of Stealth Trucking, Signs Letter of Intent with CLX Medical

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  Published in Business and Finance on Thursday, May 20th 2010 at 7:10 GMT by Market Wire
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AUSTIN, Texas--([ BUSINESS WIRE ])--CLX Medical (OTCBB: CLXM), a medical diagnostic company, is pleased to announce a mutual letter of intent in its merger with Stealth Trucking. The agreement was finalized on Friday, April 2, 2010; Stealth Trucking plans to merge with CLX Medical within a six month time period.

"Stealth and CLX will be at the center of this newly emerging trend, and together we will build on our combined experience to redefine trucking transportation services and customer satisfaction."

aThe explosion of the transportation logistics industry, surging markets and the proliferation of diversified carrier groups are transforming the way products are shipped,a said Jose Chavez, CEO of Stealth Trucking. aStealth and CLX will be at the center of this newly emerging trend, and together we will build on our combined experience to redefine trucking transportation services and customer satisfaction.a

This week the company will begin executing the planned integration of both companies to ensure a smooth transition and immediate value for our customers, client carriers, and investors.

About Stealth Trucking

Stealth Trucking is developing as a diverse transportation logistics carrier - anytime, anywhere and through any transportation medium. Stealth Trucking is a minority owned business. For more information, visit [ http://www.stealthtrucking.com ].

Forward-Looking Statements

This press release includes aforward-looking statementsa within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include expectations about the anticipated benefits of the Stealth Trucking acquisition, which involve risks and uncertainties that could cause actual results to differ materially from results expressed or implied by these statements. Factors that might cause or contribute to such differences include, but are not limited to: difficulties encountered in integrating merged businesses and the ability to successfully combine product offerings and customer acceptance of combined products.

For further discussion of these and other risks and uncertainties, individuals should refer to the Companya™s SEC filings. Stealth Trucking undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.