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FreshLoc Technologies, Inc. and Wello Inc. Receive Funding for ExpansionADDISON, Texas, May 31, 2016 /PRNewswire/ -- FreshLoc Technologies, Inc. and Wello Inc, leaders in specialized temperature monitoring in healthcare, are pleased to announce the close of a new round of funding, in support of its rapid growth rate over the past two years at $1.5M. The current growth rate has exceeded 60% and all earlier plans. Nationwide expansion of services, sales and new product will continue to move apace. Lumos Partners was the exclusive advisor to FreshLoc Technologies, Inc. on these transactions. In this past year, the company grew and released new visualization products/services bringing its many types of sensors and measurements all the way to the equipment itself adding trending, calibration information along with the basic measurement display. Also, in service to its customers in labs and blood banks, FreshLoc has completed its ISO-17025 as well. An employee owned company, FreshLoc Technologies, Inc. and its subsidiary Wello Inc. are strengthening positions throughout hospitals, pharmacies, clinic chains, natioal laboratories, infusion centers, surgical centers, blood banks, long term care facilities, healthcare food service departments and others interested in best practices and regulatory compliance. "We are so excited about the years ahead and especially that we can contribute to the ongoing improvements to bettering healthcare outcomes. We appreciate our long standing partner, Lumos Partners and their advisory services," says Rik Heller, Chairman of FreshLoc Technologies, Inc. and Wello Inc. About FreshLoc Technologies®, Inc. About Wello Inc. Photo - http://photos.prnewswire.com/prnh/20160531/374003
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/freshloc-technologies-inc-and-wello-inc-receive-funding-for-expansion-300277490.html SOURCE FreshLoc Technologies, Inc. |