PCT LTD announces settlement of litigation

March 4, 2021

LITTLE RIVER, SC – -PCT LTD announces it has resolved its dispute with Annihilare Medical Systems, Inc. and two of its former employees.

Gary Grieco, PCTL’s Chairman, stated, “We are pleased to close this chapter in our history. The time and energy invested in pursuing this matter was a worthwhile endeavor for the Company. We are pleased with the ultimate result. We will not be making any further statement or comment regarding the case or the settlement, but we will focus on the exciting future of the Company.”

– BUSINESS WIRE

 

About PCT LTD:

PCT LTD (“PCTL”) focuses its business on acquiring, developing and providing sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly-owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). The Company established entry into its target markets with commercially viable products in the United States and now continues to gain market share in the U.S. and U.K.