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 user 2005-11-08 at 11:23:00 am Views: 42
  • #14533

    ADSERO Corp. Completes 10 Percent Acquisition of Turbon AG
    Nov.2005 — ADSERO Corp., a North American leader in the printer
    cartridge remanufacturing Industry, is pleased to announce the Company
    has completed the final purchase of 328,500 treasury shares of Turbon
    G, bringing its total ownership to 400,000 shares, equivalent to a 10%
    stake in Turbon AG.
    Yvon Leveille, CEO of ADSERO Corp., stated, “The
    Company will now proceed with its plans to satisfy the necessary
    requirements to complete the formal takeover bid for Turbon AG.”
    About Turbon AG
    AG , through its subsidiaries, develops, produces and distributes
    compatible imaging supplies for Laser, Inkjet, Dot Matrix and Thermal
    Transfers printers. Turbon operates production plants in Europe, Asia
    and the USA and had revenues of approximately Euros 123 million for
    fiscal 2004.
    About ADSERO Corp.

    ADSERO Corp., through its
    wholly owned subsidiary Teckn-O-Laser, is a North American leader in
    the printer cartridge remanufacturing industry. The company
    manufactures and distributes remanufactured toner cartridges and inkjet
    cartridges. These products are sold to a variety of channels such as
    distributors and retail office supply stores, both domestically and

    To find out more about ADSERO CorP, visit our website at http://www.adserocorp.com