Business
Riding the Sound Wave to A Freon-Free Future
Riding the Sound Wave to A Freon-Free Future.
About this update from Global Digital Solutions, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nRiding the Sound Wave to A Freon-Free Future\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nRiding the Sound Wave to A Freon-Free Future\n\nGlobal Digital Solutions, Inc., (GDSI), Seeking To Harness The Game-Changing Potential In Thermoacoustic Technology For A Variety Of Commercial And Defense-Related Applications, Signs Exclusive Letter of Intent to Acquire Cool Sound Industries, Inc. (CSI)\n\nFrank Wighard, inventor and founder of CSI, holds a patent for a revolutionary double-acting thermoacoustic driver and says the power of sound waves can be harnessed to eliminate the use of dangerous ozone-depleting and global-warming chemicals used in air-conditioning systems and provide a way for them to comply with the new EPA and Montreal Protocol Regulations, which stop the production of chlorine-based refrigerants worldwide after January 1, 2015\n\nPR Newswire\n\nPALM BEACH, Fla., Aug. 20, 2013\n\n\n\n\n\n\n\nPALM BEACH, Fla., Aug. 20, 2013 /PRNewswire/ -- Global Digital Solutions, Inc. (GDSI), a company that is positioning itself as a leader in providing small arms manufacturing, knowledge-based and culturally attuned social consulting combined with complementary security and technology-related solutions in unsettled areas, announced today that it has signed an exclusive letter of intent to acquire Cool Sound Industries, Inc. (CSI), a pioneer in harnessing sound waves to provide sustainable, eco-friendly ways to power heat-pumping systems such as air-conditioners, refrigerators and heating systems. GDSI believes thermoacoustic technology (TA) has the potential for game-changing defense-related and commercial applications.\n\n\nThe companies have agreed, on an exclusive basis, to enter into good faith discussions involving a potential strategic combination in which CSI would be acquired by GDSI. If the acquisition is completed as expected, CSI will continue to operate as a subsidiary of GDSI. The exclusive agreement is subject to the completion of due diligence reviews by both companies and certain other conditions. \n\...