Article: Veri-Tek International Announces Sale of Diesel Engine Testing Equipment Assets.

Transaction Will Complete Divestiture of Testing and Assembly Equipment Segment

Transaction to Close August 1, 2007

BRIDGEVIEW, Ill., July 11 /PRNewswire-FirstCall/ -- Veri-Tek International Corp. , a leading North American manufacturer of engineered lifting equipment announced today that it has signed a definitive agreement to sell its diesel engine testing equipment assets to EuroMaint Industry, Inc., a wholly owned subsidiary of EuroMaint Industries AB, a Swedish supplier of equipment and maintenance services. Veri-Tek will receive $1.1 million in cash as consideration for these assets, which consists of equipment, intellectual property, and ...

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