11/29/2010 5:20 AM ET
(RTTNews) - Golden Valley Development, Inc. Monday said it recently completed the acquisition of Digit-Pro and Delaware corp., each having a licensing agreement to manufacture and market a new patented technology.
The company noted that it first acquired Florida-based Digit-Pro, which has a licensing agreement to manufacture, market and distribute the patented "PercuGuard", an Food and Drug Administration or FDA -approved protective device marketed to the health care industry.
Second, Golden Valley has acquired a Delaware corp. doing business as Cut Stop, which has a licensing agreement to manufacture, market and distribute the patented "Cut Stop" finger guard technology.
In connection with these two acquisitions, management for Golden Valley has resigned and appointed new management personnel in their place, the company said in a statement.
by RTT Staff Writer
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