Techalt, Inc. Announces Entering into Negotiations to Acquire Proprietary Security/Business Enhancement Software Company

SEATTLE--Techalt, Inc. (Pink Sheets:TCLT) ("Techalt" or the "Company") today reports it has entered into negotiations to acquire a domestic company with a technology that detects and tracks humans and vehicles. The Company is currently in its due diligence review.

This target company provides a software that differentiates between people, vehicles and other objects and delivers information in real time. The software is designed to be platform independent and can be integrated in Windows, Mac OS, Linux, UNIX, and other environments.

Dave Moore, Techalt’s President, commented, “The potential acquisition of this company is a perfect example of the early to mid stage alternative technology companies Techalt is looking to acquire.” Techalt’s business model as a public holding company is to pursue quality opportunities in developing early to mid-stage alternative technology, communications, environmental and health and wellness companies.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe," "expect," "intend," "anticipate," "project," or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) managing acquisitions and expansion of operations; (2) obtaining necessary financing and managing existing debt; (3) completing the investigation, acquisition and integration of new business opportunities; (4) complying with federal, state and local government and international regulations; and (5) other factors over which we have little or no control.