TesSol, Incorporated Purchases Fideris' Assets
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TesSol, Inc. has announced the purchase of the entire assets of Fideris, Incorporated. TesSol's purchase includes all inventory, the Fideris product line, intellectual property, rights to the Fideris name and trademark, and customer base. Key individuals from Fideris will transfer to TesSol to provide the continuity which is critical to maintain continued customer support and the production of a high quality product. Dr. Kelly Andrews, who has served with Fideris and Lynntech Industries since 2000, will serve as President and CEO of TesSol, Incorporated.
TesSol will continue to manufacture and provide the existing Fideris product line under the Fideris name as well as introduce its own products to the fuel cell and catalyst testing industry served by Fideris. Existing Fideris customers will continue to receive software upgrades as well as utilize highly trained and skilled technical personnel for the repair and upgrading of existing systems.
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