ELMSDALE, Nova Scotia, Sept. 5, 2006 (PRIMEZONE) -- BioSource Solutions Inc. (Other OTC:BISL) is pleased to announce the completion of the merger with MRS Sciences Inc. The transaction was completed as announced on August 31, 2006 with each MRS shareholder receiving one share of BioSource Solutions for every MRS share owned.
Mr. Robert Pieroway, the CEO of BioSource Solutions Inc., wishes to welcome all MRS shareholders and is excited about the opportunities for growth created by the synergies between the two companies.
"We are looking forward to anticipated growth and expansion by bringing on board all the inventories, proprietary products and licenses that MRS has brought to the table."
The new Board of both Companies has taken control September 1, 2006 and further announcements are forthcoming.
Please visit our website for further information at www.biosourcesolutionsinc.com.
About BioSource Solutions Inc.
BioSource Solutions Inc. is a North American manufacturer of biodegradable, biological consumer cleaning products. Formed in 2005, our company's primary focus is on the "niche" market of biological products that keep in pace with strong consumer and environmental demands to provide safe alternatives. BioSource Solutions' extensive product line ranges from biological based formulations for odour removal, waste remediation solutions to a full line of janitorial, automotive, marine and specialty formulations, totaling over 60 products to date. Our company retail products are proudly offered through major national retailers throughout Canada. BioSource Solutions' products are distributed in the United States through a leading MLM retailer, also, through a distributor of specialty cleaning products in Europe. BioSource Solutions Inc. has quickly established itself as a "Go To" company in offering customized private label, private formulations for both retail and commercial customers.
Many of BioSource Solutions Inc. biological retail products have earned, and proudly display Environment Canada's, Environmental Choice Certification recognizing them to be safer, effective alternatives for the environment and more importantly, the consumer.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.