CALGARY, July 17, 2017 /CNW/ - Circa Enterprises Inc.
(CTO-TSXV) ("Circa"), a manufacturer of equipment for the
telecommunication, electrical utility, and construction industries,
announced today that it has completed the acquisition of
substantially all of the assets of Guardian Telecom Inc.
("Guardian"), a designer, manufacturer and supplier of hazardous
and ruggedized high performance telecommunications
equipment. The business will operate as Guardian Telecom, a
division of Circa Enterprises Inc.
Grant Reeves, Circa's President
and CEO, commented, "We are pleased to have successfully closed
this strategic acquisition and are looking forward to a prosperous
future with Guardian as part of the Circa family." Mr. Reeves
added, "On behalf of Circa, we would like to extend a warm welcome
to the Guardian employees, customers and suppliers."
About Circa Enterprises
Circa Enterprises Inc. is a
public company headquartered in Calgary,
Alberta with operations in Alberta, Ontario and Florida. Circa manufactures
and sells outdoor enclosures, electrical equipment, and other goods
to customers in the telecommunications, electrical, and
construction industries. The outstanding common shares of
Circa are listed and trade on the TSX Venture Exchange under the
trading symbol CTO. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Guardian Telecom
Guardian Telecom has been
operating since 1985 and is based in Calgary, Alberta. Guardian manufactures and
customizes fully integrated ruggedized high performance
telecommunications equipment for nonhazardous, hazardous, Class I
Division 1, Class I Division 2 and other hardened equipment
applications needed around the globe. Guardian's tough and
rugged phones, systems, enclosures and IP telecommunications
equipment are certified specifically for the industrial and
commercial markets.
Forward Looking Statements
Certain
information in this News Release may constitute "forward-looking"
information that involves known and unknown risks, uncertainties,
future expectations and other factors which may cause the actual
results, performance or achievements of the Company or industry
results, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking information. When used in this News Release, this
information may include words such as "anticipate", "estimate",
"may", "will", "expect", "believe", "plan" and other
terminology. These statements are neither promises nor
guarantees, but involve known and unknown risks and uncertainties
and are based on both the views of management and assumptions that
may cause our actual results, levels of activity, performance or
achievements to be materially different from any future results,
levels of activities, performance or achievements expressed in or
implied by these forward looking statements. This
information reflects current expectations regarding future events
and operating performance and speaks only as of the date of this
News Release. Except as required by law, we assume no obligation to
update or revise forward-looking information to reflect new events
or circumstances. Additional information is available in the
Company's Management Discussion and Analysis, which can be found on
SEDAR at www.sedar.com.
SOURCE Circa Enterprises Inc.
