Zircon Corporation Enters into Merger Agreement with Harmony Energy Technologies

CAMPBELL, Calif., April 20, 2023 /PRNewswire/ -- Zircon Corporation today announced it has entered into a merger agreement with Harmony Energy Technologies Corp. ("Harmony").  The combined company will do business under the name Zircon and will be centered on leveraging Zircon's sensor-based, ASIC processor technology and patent portfolio, to accelerate growth by expanding its electronic hand-tool product line, entering new markets globally and launching a data, IP and technology licensing business. 

Harmony is a U.S. Securities and Exchange Commission (SEC) reporting company.  Zircon expects its merger with Harmony will allow it to accelerate the process of accessing the U.S. capital markets as a publicly traded company.