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Green Machine, Micel plan to merger

DELRAY BEACH, Fla.—Green Machine Development Corp. announced it plans to merge with Micel Wireless Corp., which specializes in the sales, service and support of Motorola fixed cellular, telephone, PBX, cellular phone and wireless communications systems and accessories.

Green Machine said the merger will be a tax-free share exchange and that Micel will be the surviving entity with more than 65 percent of the shares.

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