Equitech to Raise $4.2M for New Products

Mullica Hill, NJ, September 13, 2021

Equitech Int'l Corporation (stock exchange ticker EQTL), a manufacturer of optoelectronic
solutions for process management, announced that it is raising $4.2 million
dollars to fund completion of two new products, improve its EquiSpec IPS, and
increase the company's worldwide sales and marketing efforts.
"In August of 2021, Equitech secured an eighty-one percent (81%) ownership interest in
CompSOL USA. This acquisition added vital strength to the Company providing
engineering capabilities we did not have before. The companies are now working on
two new and revolutionary products that should be in the market in 2022", said Dr.
Jaime Gómez, President & CEO.
"CompSOL is licensing two new technologies that are aligned with the company's core
competency (opto-electronic solutions). These technologies have been developed
over several years of R&D and bring significant savings to the semi-conductor and
automotive industries", said Dr. Jonathan Babaie, Director of Technology. "We need
additional resources to begin manufacturing and commercializing the systems", added
Babaie.
Equitech recently published a Private Placement Memorandum (PPM) for Accredited
Investors. Anyone wishing to consider investment in the company should contact Mr.
David Tingley, Vice President of Public Relations at dtingley@equitechintl.com
Equitech is the inventor and developer of the EquiSpec™, an in-line UV-Vis
Spectrophotometer IPS), and a myriad of fiber optic probes such as the Reflection
Polymer Melt Probe (RPMP) and the Transmission Polymer Melt Probe (TPMP) useful
in polymer extrusion operations. These probes as well as other specialized ones allow
the measurement of color and chemical composition in molten polymers, liquids, and
gases as well as slurries, pastes, and solids.

Media contacts
Anh Nguyen
Mobile: +1.503.885.4171
Email: info@equitechintl.com