Drayton Richdale Corp. Acquires Technology Resources Inc., a Developer and Manufacturer of New Optic Sensing Transducer Technolo
July 18 2005 - 9:00AM
Business Wire
Drayton Richdale Corp. (OTC:DRYN), the intellectual property
marketplace, acquired 100 percent of all the outstanding shares of
Technology Resources Inc. (TRI), a privately held Nevada
corporation valued at $15 million. TRI is an emerging engineering
and manufacturing company in the multi-billion-dollar new optic
sensing transducer industry. TRI's assets include, but are not
limited to, a USPTO-issued patent referred to as the "Bellow-type
Pressure Sensing Apparatus," U.S. Patent No. 6,604,427. TRI's
patent portfolio discloses and claims application for optic sensors
and controls with potential use in semiconductor fabrication,
aerospace, petroleum processing and electronic instruments for
scientific, technical and medical applications. Other pending TRI
technology will be announced upon receipt of USPTO file number.
Concurrently, Drayton Richdale Corp. appointed a new director,
Nathan Coleman, B.Sc. ME, president of Technology Resources Inc.
Included in Drayton Richdale Corp.'s asset portfolio is the
USPTO-issued Materials and Supplies Ordering System (MSOS) USPTO
No. 6,134,557 business method patent portfolio. Certain statements
in this press release constitute "forward-looking statements"
within the meaning of the United States Securities Legislation. The
company's actual results could differ from those in the
forward-looking statements. Do not construe this information as
investment advice. This is not a solicitation to buy or sell
securities. This does not purport to be a complete analysis of the
company. Investing in securities is speculative and carries a high
degree of risk. Past performance does not guarantee future results.
Readers should consult their own advisors. Information contained in
this press release should be independently investigated. These
remarks involve risks and uncertainties. Risks are not limited to
quarterly fluctuations in results or the company's management of
growth and competition. Other risks are detailed in the company's
SEC filings. Actual results may differ materially from such
information set forth herein.
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