Techalt, Inc. Receives Letter of Intent to Partner with Cascadia Industries Incorporated

SEATTLE --(www.USEquityNews.com)-- 08/19/2008 - Techalt, Inc. (OTC: TCLT) ("Techalt" or the "Company") announced recently that it has commenced negotiations to partner with Cascadia Industries Incorporated ("Cascadia"). The Company received a signed letter of intent from Cascadia outlining a proposed stock purchase agreement by the Company. David Moore, president of Techalt, stated, "We're extremely excited to enter the expanding 'green' building marketplace with Cascadia by providing it with the financing needed to continue developing their 'green' ventilation products."


Techalt has arranged sufficient financing to meet its obligations pursuant to the proposed stock purchase agreement. Cascadia intends to use the proceeds from the proposed stock purchase agreement to enhance manufacturing, marketing and distribution efforts both domestically and internationally.

The definitive stock purchase agreement is expected to be executed before August 29, 2008.

About Cascadia Industries Incorporated ("Cascadia"):

Cascadia Industries Incorporated is a Nevada corporation which designs, manufactures and sells ventilation products. Danse Manufacturing Corporation ("Danse") and Jodaco, Inc. ("Jodaco") are wholly-owned subsidiaries of Cascadia. Currently, Jodaco and Danse supply two major shingle companies under private label arrangements. The products are sold through conventional distribution channels, utilizing both one and two step distributors. The Company has enjoyed success for the past 18 years by providing innovative, "green" products to the marketplace and will continue to do so in order to support the Company's base revenue stream.

About Techalt:

Techalt is a public holding company dedicated to pursuing acquisition, licensing and financing opportunities with start-up and mid-stage companies. Techalt focuses on companies with innovative or alternative technologies, particularly in the software, communications, environmental and health and wellness sectors.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), as such, may involve risks and uncertainties. Forward-looking statements are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe," "expect," "intend," "anticipate," "project" or other similar expressions. Forward-looking statements relate to, among other things, future performance and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance and achievements expressed or implied in such forward-looking statements. Additional factors could materially affect these forward-looking statements and/or predictions include, among other things: (1) managing acquisitions and expansion of operations; (2) obtaining necessary financing and managing existing debt; (3) completing the investigation, acquisition and integration of new business opportunities; (4) complying with federal, state and local government and international regulations; and (5) other factors over which we have little or no control.

Contact Information:
For Techalt, Inc., Seattle
Joseph J. Malone, 786-375-0556

U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

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