("PuriCore" or the "Company" or the "Group")
PuriCore Raises $3.5 Million
MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 3 January 2012 -
PuriCore(LSE: PURI), the
water- based clean technology company focused on developing
and commercialising proprietary, green solutions that safely,
effectively, and naturally kill infectious pathogens,
announces that it closed on a new $3.5 million debt facility
with Republic Bank on 29 December 2011. The debt will be
utilized to finance the working capital requirements
associated with Sterilox Fresh and FloraFresh System
installations in H1 2012. The facility is structured as a
promissory note with an imputed interest rate of 4%.
FTI Consulting Susan Quigley Ben Brewerton
+44 (0) 20 7831 3113
PuriCoreplc (LSE: PURI) is a water-based clean
technology company focused on developing and commercialising
proprietary green solutions that safely, effectively, and
naturally kill infectious pathogens without causing harm to
human health or the environment. The Company's products are
used in a broad range of markets that depend upon controlling
contamination, including food retail and foodservice, medical
device disinfection, and wound care. PuriCore's solutions are
proven to be safe, environmentally friendly, and fast acting
against a broad range of infectious pathogens, including
major public health threats of C.difficile, E.coli, HIV,
Human and Animal Influenza (including H1N1 and H5N1),
Legionella, MRSA, M.tuberculosis, Norovirus, and Salmonella.
PuriCore is headquartered in Malvern, Pennsylvania, with
operations in Stafford and Clevedon, UK.
To receive additional information on PuriCore, please visit
our website at www.puricore.com, which does
not form part of this press release.