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HaloSource Hopes For Revenue Boost With New Distribution Deal

21st Oct 2013 06:55

LONDON (Alliance News) - Water technology company HaloSource Inc Monday said it has signed a deal with Industrial Dewatering International LLC for IDI to distribute its HaloKlear technology in Texas and New Mexico, and the thinks the deal could generate over USD1 million in revenues over the next three years.

"It is exciting to enter the multi-billion dollar oil and gas industry with our clean water technology. This has been a major objective for us which we are delighted to have achieved," HaloSource Chief Executive Martin Coles said in a statement.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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