Business & Finance
Business and Finance
Business and Finance
Fri, January 7, 2011 Cohesant Inc. and CuraFlo Franchising Inc. Reach Settlement with Central Coast Pipe Lining, Inc. for Dismissal of Actions and T
BEACHWOOD, Ohio--([ BUSINESS WIRE ])--Cohesant Inc. (Pink Sheets: COHY) and CuraFlo Franchising Inc. announce that they have completed a settlement with Central Coast Pipe Lining, Inc. (aCCPLa) for dismissal of actions relating to all claims and counter-claims, effective November 11, 2010. Additionally, this settlement terminates all prior agreements between the parties. Terms of the settlement agreement are not being disclosed.
As a result, CuraFlo Services Inc. will, for the foreseeable future, act as the sole authorized provider of CuraFlo® epoxy pipe lining and pipe restoration services in the following Central and Northern California counties: Alameda, Contra Costa, Fresno, Kern, Marin, Monterey, San Luis Obispo, San Mateo, San Francisco, Santa Barbara, Santa Clara, Santa Cruz, Sonoma and Ventura.
In addition to a full array of infrastructure rehabilitation services, CuraFloa™s epoxy pipe lining solutions are widely renowned for alleviating problems with deteriorating pipes and plumbing systems. In many instances, this proves a highly effective alternative to pipe replacement. In fact, pipes restored with CuraFloa™s Engineered Flow Lining Systema" can gain a substantial increase in service life.
For more information about CuraFloa™s proprietary epoxy lining process and its complete line of pipe restoration services, or for a free plumbing infrastructure evaluation, contact CuraFlo Services Inc. at 888/4-CURAFLO or visit [ www.curaflo.com ].
ABOUT CURAFLO
CuraFlo is North Americaa™s leading provider of pipe restoration services for apartment buildings and other multi-tenant residential, commercial, industrial and municipal structures as well as single-family residences. Headquartered in Beachwood, Ohio, the company offers comprehensive pipe restoration services through a network of CuraFlo businesses. In 1996, CuraFlo was one of the first companies in North America to provide epoxy pipe lining services in commercial and residential multi-tenant buildings. Since then, CuraFlo has remained the provider of choice for pipe restoration services throughout North America. For more information, visit [ www.curaflo.com ] or contact Skip Wolfe, Vice President of Sales & Marketing: 888/4-CURAFLO.
ABOUT COHESANT INC.
Cohesant Inc. (Pink Sheets: COHY), based in Beachwood, Ohio, is engaged in the protection and renewal of drinking water distribution systems and wastewater collection systems for municipal, industrial, commercial and residential infrastructure and the design, development, manufacture and sale of specialty coatings and equipment used to apply such coatings. The Company markets its products under numerous trade names including; AquataPoxy, CuraFlo, CuraPoxy, and Raven. For more information, visit [ www.cohesant.com ] or call 216/910-1700.
Safe Harbor Statement
This communication contains forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, particularly those statements preceded by, followed by, or that otherwise include the words, abelieves,a aexpects,a aanticipates,a aintends,a aestimates,a or similar expressions. Forward-looking statements relating to expectations about future results or events are based upon information available as of todaya™s date, and there is no assumed obligation to update any of these statements. The forward-looking statements are not guarantees of future performance, and actual results may vary materially from the results and expectations discussed. These forward-looking statements are made subject to significant risks and uncertainties that could cause actual results to differ materially from those stated. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Cohesant Inc. undertakes no obligation to publicly release any revisions to these forward looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
