Hudson Technologies Purchases Assets of Efficiency Technologies

11-Dec-2012

Hudson Technologies, Inc. (NASDAQ: HDSN), announced that it has acquired from Efficiency Technologies, Inc. (“ETI”) the proprietary Efftrack™ chiller efficiency software, customer list and its related assets to support Hudson’s chiller management and efficiency optimization product and service offering.

EffTrack™ is a state-of-the-art web-based chiller management program that provides in-depth, continual engineering analysis and immediate recommendations for correcting inefficiencies in chiller systems. The EffTrack™ chiller efficiency software is currently in use throughout the United States and in certain other geographies, serving a number of Fortune 500 companies as well as customers in Australia and the Pacific Rim.

ETI is a subsidiary of EffTec International, Inc. (EFFI.pk).

Scott-Macon’s Chemicals & Related Industries Group served as the exclusive financial advisor to Hudson Technologies. Please contact Mr. Allan Benton, Managing Director & Group Head, for additional information.