Quadrascan Technologies, LLC, Announces New Funding
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BRENTWOOD, Tenn., December 18, 2007-QuadraScan Technologies, LLC, today announced the completion of a new round of financing designed to ensure the future growth of the company, according to Scott Farrell, president.
Farrell explains, "This new group of investors is a solid group of strategic partners with the vision for the potential of the QuadraScan's innovative technologies. Their support enable the company to build the infrastructure necessary to effectively achieve the company's goal of becoming a global supplier for the automotive industry, and at the same time enter other industries that can benefit from our technology."
Henry Guy, chief executive officer of Brookstone USA, an innovative product development company and specialty lifestyle retailer, remarks, "Brookstone USA is excited to invest in a company that has developed such revolutionary technology. To invest at this stage is particularly appealing as QuadraScan will now have adequate funds to go with the outstanding personnel, partnerships and technology already in place. We are very happy to play a part in QuadraScan fully realizing its long term potential."
QuadraScan Technologies has developed patented technology that targets quality, production and manufacturing-related problems. This solution can be utilized in diverse industries, and QuadraScan is currently focused on the global automotive industry.
The QuadraSonic Array(TM) locates water leak and wind-noise intrusion points in a nondestructive fashion-all accomplished without the cost, damage and environmental concerns associated with traditional processes. The QuadraSonic Array(TM) utilizes ultrasound energy to test the "sealed effectiveness" of all types of closed compartments. The Array technology measures "relative sound pressure" and is able to collect and archive data for the purposes of tracking and trending quality assurance programs.
QuadraScan Technologies is dedicated to the development of nondestructive, noninvasive and cost-effective leak detection. QuadraScan Technologies' mission is to bring to the assembly industry a failsafe diagnostic tool to positively impact both production and quality control.
Brookstone, Inc., an innovative product development company and specialty lifestyle retailer headquartered in Merrimack, N.H., operates 306 Brookstone brand stores nationwide and in Puerto Rico. Typically located in high-traffic regional shopping malls and airports, the stores feature unique and innovative consumer products. The company also operates one store under the Gardeners Eden Brand, and a direct marketing business that includes the Brookstone and Hard to Find Tools catalogs and an e-commerce website at www.brookstone.com.
For additional information on the QuadraSonic Array(TM) or QuadraScan Technologies, LLC, you may visit the website at www.quadrascantech.com. For further information, you may reach:
Scott Farrell at QuadraScan Technologies
5115 Maryland Way, Suite 209, Brentwood, TN 37027
(615) 377-0748
e-mail info@quadrascantech.com.
CONTACT:
Lucinda Hall
LUCINDA HALL PUBLIC RELATIONS
(615) 377-0771
lhprtn@earthlink.net
