EX-99.1
3
ex99-1.htm
Halitron,
Inc. Acquires The Hopp Companies, Inc.
The
Hopp Companies, Inc. Generated $1.5M in Sales and $100K of Adjusted EBITDA for 2016
NEWTOWN,
CT, October 20, 2017 (Marketwired)
- Halitron, Inc. (the "Company", "Halitron") (OTC: HAON),
a multisector holding company, today announced that it has closed on the acquisition of The Hopp Companies, Inc. ("Hopp")
in an asset purchase agreement valued at $700,000.
Hopp
is a leading manufacturer for quality Point of Purchase (POP) displays for in-store marketing, merchandising, pricing, and sales
aids for many types of retail stores, suppliers, distributors and warehouses nationwide.
Hopp
specializes in providing quality service and value to fit the needs of any size and color of POP products. The specialty products
division can produce most styles of printed, die-cut and formed plastic product from rigid or flexible plastic and magnetic materials.
Hopp Companies proudly manufactures products for retail stores as well as distributors and warehouses. These include, but are
not limited to, the following industries:
Hardware
Stores
Department
Stores
Auto
Parts Stores
Warehouse
Stores
Drug
Stores
Convenience
Stores
Supermarkets
Jewelry
Stores
Liquor
Stores
Magic
Shops
Hopp
operates from a 5,000-square foot manufacturing facility in New Hyde Park, New York (Long Island), has 12 employees, and has been
in business for over 20 years with a customer list of approximately 7,000 accounts.
For
more information on Hopp Companies, Inc. please visit:
www.hoppcompanies.com
The
Hopp assets will be utilized in the operations of HAON's two legacy brands, CinchSigns, a printed point of purchases products
business, and PiecesInPlaces, an office organization supply business focused on plastic file folders. These two brands have been
in the redevelopment phase for the past year while Management focused on acquiring Hopp. Cinch Signs and PiecesInPlaces has a
combined customer list of 190,675. Management intends to begin cross marketing all three brands' product lines to each of
the brands' customers, including Hopp's customer base of approximately 7,000.
About
Halitron, Inc.
Halitron,
Inc., a multisector holding company, is focused on acquiring sales, marketing, and manufacturing businesses, and then rolling
them into an efficient, low-cost operating infrastructure. Management targets operating entities that can either benefit from
current operating infrastructure or operate autonomously and offer an additional product or service to scale existing operations.
For more information on Halitron, Inc., please visit:
www.halitroninc.com
.
Halitron
is neither an underwriter as the term is defined in Section 2(a)(11) of the Securities Act of 1933, nor an investment company
pursuant to the Investment Company Act of 1940. Halitron is not an investment adviser pursuant to the Investment Advisers Act
of 1940. Halitron is not registered with FINRA or SIPC.
Safe
Harbor Statement:
The
information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by use of the words "may", "will", "should,"
"plans", "expects", "anticipates", "continue", "estimate", "project,"
"intend", and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to,
general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes
in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer
order patterns, changes in product mix, continued success in technological advances and delivering technological innovations,
shortages in components, production delays due to performance quality issues with outsourced components, and various other factors
beyond the Company's control. Halitron, Inc is neither an underwriter as the term is defined in Section 2(a)(11) of the
Securities Act of 1933, nor an investment company pursuant to the Investment Company Act of 1940. Halitron, Inc. is not an investment
adviser pursuant to the Investment Advisers Act of 1940. Halitron, Inc. is not registered with FINRA or SIPC.
Contact:
Halitron
Investor Relations
3
Simms Lane, Suite 2F, Newtown, CT 06470
1-877-710-9873
www.halitroninc.com
info@halitroninc.com

EX - 99 . 1 3 ex99 - 1 . htm Halitron , Inc . Acquires The Hopp Companies , Inc . The Hopp Companies , Inc . Generated $ 1.5M in Sales and $ 100K of Adjusted EBITDA for 2016 NEWTOWN , CT , October 20 , 2017 ( Marketwired ) - Halitron , Inc . ( the " Company " , " Halitron " ) ( OTC : HAON ) , a multi sector holding company , today announced that it has closed on the acquisition of The Hopp Companies , Inc . ( " Hopp " ) in an asset purchase agreement valued at $ 700,000 . Hopp is a leading manufacturer for quality Point of Purchase ( POP ) displays for in - store marketing , merchandising , pricing , and sales aids for many types of retail stores , suppliers , distributors and warehouses nationwide . Hopp specializes in providing quality service and value to fit the needs of any size and color of POP products . The specialty products division can produce most styles of printed , die - cut and formed plastic product from rigid or flexible plastic and magnetic materials . Hopp Companies proudly manufactures products for retail stores as well as distributors and warehouses . These include , but are not limited to , the following industries : Hardware Stores Department Stores Auto Parts Stores Warehouse Stores Drug Stores Convenience Stores Supermarkets Jewelry Stores Liquor Stores Magic Shops Hopp operates from a 5,000 - square foot manufacturing facility in New Hyde Park , New York ( Long Island ) , has 12 employees , and has been in business for over 20 years with a customer list of approximately 7,000 accounts . For more information on Hopp Companies , Inc . please visit : www.hoppcompanies.com The Hopp assets will be utilized in the operations of HAON 's two legacy brands , CinchSigns , a printed point of purchases products business , and PiecesInPlaces , an office organization supply business focused on plastic file folders . These two brands have been in the redevelopment phase for the past year while Management focused on acquiring Hopp . Cinch Signs and PiecesInPlaces has a combined customer list of 190,675 . Management intends to begin cross marketing all three brands ' product lines to each of the brands ' customers , including Hopp 's customer base of approximately 7,000 . About Halitron , Inc . Halitron , Inc . , a multi sector holding company , is focused on acquiring sales , marketing , and manufacturing businesses , and then rolling them into an efficient , low - cost operating infrastructure . Management targets operating entities that can either benefit from current operating infrastructure or operate autonomously and offer an additional product or service to scale existing operations . For more information on Halitron , Inc . , please visit : www.halitroninc.com . Halitron is neither an underwriter as the term is defined in Section 2 ( a ) ( 11 ) of the Securities Act of 1933 , nor an investment company pursuant to the Investment Company Act of 1940 . Halitron is not an investment adviser pursuant to the Investment Advisers Act of 1940 . Halitron is not registered with FINRA or SIPC . Safe Harbor Statement : The information posted in this release may contain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . You can identify these statements by use of the words " may " , " will " , " should , " " plans " , " expects " , " anticipates " , " continue " , " estimate " , " project , " " intend " , and similar expressions . Forward - looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated . These risks and uncertainties include , but are not limited to , general economic and business conditions , effects of continued geopolitical unrest and regional conflicts , competition , changes in technology and methods of marketing , delays in completing various engineering and manufacturing programs , changes in customer order patterns , changes in product mix , continued success in technological advances and delivering technological innovations , shortages in components , production delays due to performance quality issues with outsourced components , and various other factors beyond the Company 's control . Halitron , Inc is neither an underwriter as the term is defined in Section 2 ( a ) ( 11 ) of the Securities Act of 1933 , nor an investment company pursuant to the Investment Company Act of 1940 . Halitron , Inc . is not an investment adviser pursuant to the Investment Advisers Act of 1940 . Halitron , Inc . is not registered with FINRA or SIPC . Contact : Halitron Investor Relations 3 Simms Lane , Suite 2 F , Newtown , CT 06470 1 - 877 - 710 - 9873 www.halitroninc.com info@halitroninc.com
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