Lifeloc Technologies to Purchase Corporate Headquarters in Wheat Ridge, Colorado
(PRWEB) September 04, 2014 -- Lifeloc Technologies (OTC: LCTC), a leader in the manufacture of professional breathalyzers for law enforcement and workplace testing announced today that it has entered into an agreement to purchase its currently leased premises in Wheat Ridge, Colorado.
Barry Knott, president of Lifeloc commented that, "the building purchase assures us space for continued growth and provides long term savings over leasing. The location reinforces our commitment to Jefferson County, Colorado as a great place to do business."
Mayor of Wheat Ridge, Joyce Jay commented, "We are pleased to see a manufacturer with such great growth potential make Wheat Ridge its permanent home. Our hope is that Lifeloc's move will show other employers that with its supportive business policies and easy access to the mountains and downtown Denver, Wheat Ridge is an excellent location for expansion."
The 22,000 square foot building houses Lifeloc administration, marketing, engineering and manufacturing. With the anticipated 2016 opening of the new FasTracks commuter rail transit line from downtown Denver to Wheat Ridge, Lifeloc employees will have additional great transportation options.
The building is being purchased from Ward West Properties of Mead Colorado. Lifeloc anticipates retaining the tenants currently leasing space in the building.
About Lifeloc Technologies
Lifeloc Technologies (OTC:LCTC) is a trusted U.S. manufacturer of evidential breath alcohol testers and provider of drug testing products for Workplace, Law Enforcement, Corrections and International customers.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve substantial risks and uncertainties that may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements in this press release including statements about our strategies, expectations about new and existing products, market demand, acceptance of new and existing products, technologies and opportunities, market size and growth, and return on investments in products and market, are based on information available to us on the date of this document, and we assume no obligation to update such forward-looking statements. Investors are strongly encouraged to review the section titled “Risk Factors” in our SEC filings, available free of charge at the SEC’s website (http://www.sec.gov).
NIcola Grun, Lifeloc Technologies, http://www.lifeloc.com, +1 (303) 431-9500, [email protected]
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