CST: 27/10/2016 03:46:50   

The Chron Organization Announces Letter of Intent to Acquire SafetyNet Security

225 Days ago

DALLAS, TX--(Marketwired - Mar 15, 2016) - The Chron Organization, Inc. (OTC PINK: USAR), announced today that the Company has entered into an LOI to acquire Texas based SafetyNet Security, a boutique based alarm installation and monitoring service company. SafetyNet's client base includes the who's who of Texas homeowners and has an eighteen year history of providing paramount customer service to luxury homes in the area.

The acquisition will allow USAR to accelerate its plans to enter the industry, bringing proper licensing, infrastructure and brain trust into Chron immediately. The Company expects to have this transaction closed within the next thirty days.

Alex Rodriguez, President of The Chron Organization, stated, "This is an excellent strategic move for us and will get us immediate entry into the marketplace. It allows us to start adding revenue to the Company while we are still building out other aspects of our infrastructure such as our retail energy offering and adding the SafetyNet brain trust to our team is invaluable."

Byron Young, Chairman of Chron, said, "We are very pleased and excited about this strategic acquisition. It gives us the alarm licenses we need to gain entry to the markets now, but more importantly the senior management expertise that comes along with it."

The Chron Organization, Inc. (OTC PINK: USAR), is a 21st century services company providing state-of-the-art Smart Home technologies and the next generation in energy utility services. The Company provides homeowners with the latest in security, monitoring and automation controls enabling homeowners to have a Smart Home at an affordable price. Chron combines that with its cloud-based, green energy services, reducing both their carbon footprint and their monthly energy expense. The Company's plan is to capture 5% of homeowners, while dramatically reducing the nation's peak electricity demand. To learn more, please visit the website at www.chronhomeservices.com.

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.


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