Envoy Acquires Softac Systems
Valencia, CA, June 3rd, 2015,Envoy Group Corp (OTCBB:ENVV) is
pleased to announce it has signed a binding Letter of Intent to
acquire SOFTAC Systems Ltd, which has developed the award winning
QuakeTrip seismic power shutdown service.
SOFTAC, located in Surrey, British Columbia (BC), Canada, is an
innovative world leader in the industrial and electrical control
business. For over 30 years, SOFTAC has developed a diverse range
of products serving Municipalities, and the Sawmilling, Ski resort
and Mining industries. These products range from sophisticated
Scanning systems and motor control software programs and now
the QuakeTrip Seismic Power Shutdown Device
Envoy recognises that much of the worlds population lives with
the proximity of active earthquake epicenters. In 2008, the United
States Geologic Survey (USGS) issued a report predicting over 1,800
deaths and $213 billion in damages would result from a 7.8 quake on
just the south end of the San Andreas fault numbers that could be
reduced by preparation.
QuakeTrip is a patented system of Earthquake Fire Prevention and
won the Advanced Technology Award from the 10,000-member Applied
Science Technologists and Technicians of BC. QuakeTrip is
capable of providing the highest level of automatic property
protection from the dangerous electrical fires that inevitably
follow major earthquakes.
The USGS estimates that several million earthquakes occur in the
world each year. Their recent report published in June 2014 noted
that the average rate of major earthquakes, those larger than
magnitude 7, had been 10 per year since 1979 but has seen a 65
percent increase recently.
Although numeric values, from 1 to 10, are used to report the
magnitude of earthquakes it is important to note that each
individual numerical step, from 1 to 2 etc., represents a ground
motion change of 10 times, but an energy change of approximately 32
times. Thus incremental increases in the magnitude of the scale
represents huge difference in the energy released, making an 8.7
quake 23,000 times stronger than a 5.8 quake. The energy released
best indicates the destructive power that a quake could have to a
city.
Many cities have begun programs to help prevent damage from
earthquakes and fires represent the number one post-quake threat
due to damage to electricity and gas lines. SOFTACS comprehensive
Quaketrip system seamlessly integrates with existing infrastructure
to shut down the main breaker of a buildings electrical
supply, close down valves and elevator control systems,
activate alarms to warn schoolchildren, workers, residents and call
Firefighters and Emergency Responders.
Harp Sangha, Envoys CEO and Chairman states, We are incredibly
pleased to be bringing the Softac team into Envoy. I have an
extremely high regard for Softacs President, Ian Bowman and his
team of development professionals. Softac has applied its proven
QuakeTrip product throughout the U.S. and Canada and with Envoy we
hope to quickly help them expand the portfolio of service globally.
There is an incredible need for this life saving product in so many
high-risk zones worldwide.
The details and the terms laid out in the Letter of Intent will
be released by June 21st 2015.
About Envoy Group Corp.
Envoy Group, Corp. is company with a strong market reach and a
strategy to identify, evaluate, explore, and develop new business
opportunities across North America, Europe and Asia.
For further information please contact:
Envoy Group Corp.
Investor Relatons
Tel: 1 604 825 1309
About SOFTAC Systems Ltd.
SOFTAC Systems Ltd. was founded in 1983 and is an established
provider of Industrial hardware, optimization and control software
and services to a wide range of industries.
For further information follow these links:
https://www.softacsystems.com; http://www.quaketrip.com/; https://www.facebook.com/Quaketrip ; 
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