Update and Clarification on Sale of Canadian Environmental and GreenFill Divisions


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Update and Clarification on Sale of Canadian Environmental and GreenFill Divisions

Canada NewsWire



SCOTTSDALE, AZ and Calgary, AB, Aug. 26, 2013










SCOTTSDALE, AZ and Calgary, AB, Aug. 26, 2013 /CNW/ - RDX Technologies Corporation (formerly Ridgeline Energy Services Inc.)
("RDX" or the "Company") (TSXV: RDX, OTCQX: RGDEF, FSE: RL7) a water treatment and energy technology company, wish to update and
clarify the prior news releases of July 18 and July 19, 2013 regarding
the sale of the Company's Canadian environmental and GreenFill
divisions.




The Company is disposing of certain assets and liabilities of its
Canadian environmental and GreenFill divisions pursuant to an Asset
Purchase Agreement dated July 1, 2013. The purchaser is Ridgeline
Canada Inc. ("RCI"). RCI is a new private company incorporated to
acquire the environmental and GreenFill assets. As the Company has now
changed its name to RDX Technologies Corporation. RCI has acquired the
"Ridgeline" name.




As part of the negotiations of the transaction RCI required that the
senior management of the environmental and GreenFill divisions become
employees of RCI to manage the new company going forward. Messrs. Tyler
Heathcote, Bradley Shybunka and Jason Flatla, previously senior
managers of the Company, have left the Company effective July 1, 2013
to join RCI as its executive management team. Messrs. Heathcote,
Shybunka and Flatla are now directors and officers of RCI. The sole
shareholder of RCI is not related to the Company.





About RDX Technologies Corporation




RDX Technologies Corporation is a water treatment and energy technology
company. The Company is applying proprietary technology to treat water
generated from industrial and commercial waste water markets. These
markets include a wide variety of clients across abroad spectrum of
industries. The Company trades on the TSX Venture Exchange under the
symbol "RDX", the OTCQX as "RGDEF" and the Frankfurt Stock Exchange as
"RL7".




ON BEHALF OF THE BOARD OF DIRECTORS

"Dennis M. Danzik"


Dennis M. Danzik, CEO


danzikdirect@rdxh2o.com





"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
or achievements."




SOURCE RDX Technologies Corporation











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