Message #2 From:
NewsBot Date: May 9, 2008 03:14:25 PM
NT Holding Corp. Signs Completes Acquisition of Health Source Technologies, Inc.
NT Holding Corp. Signs Completes Acquisition of Health Source Technologies, Inc.
(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
