As the HydraSleeve has continued to grow over the past 3 or 4 years, emphasis on our small diameter well product line has diminished. Perhaps some of you may not even be aware that GeoInsight has been the home for PrePak well screens and other small diameter well products since 1997. So for 15 years the GeoInsight name has been recognized by drilling contractors as a source for these products.
Our largest distributor of these products, Atlantic Supply, has been working with us almost from the beginning. While our direct sales of small diameter products has ramped down; their sales have continued to increase over the years. Atlantic has a great reputation and they have been expanding and growing even in this economy. Just one look at their website and you will see how well-equipped they are and how easily they can incorporate our direct push products into their mix.
So although Kent struggled a bit with selling off the baby and his beginnings, Atlantic Supply has made us an offer we can't refuse and the very un-hostile take over has begun.
Atlantic Supply will be ready to produce and sell these products in early July and we will be making the introduction for our drilling customers to deal with them directly. This will give Atlantic Supply a great opportunity to grow the market for small diameter well products and at the same time give us the opportunity to turn all of our attention to our growing HydraSleeve product line and the no-purge sampling market.
This mutually-beneficial transaction will allow us to dedicate all of our facilites and personnel to HydraSleeve development, research and storage. Our finished HydraSleeve assemblies will now increase and we will soon triple the stock we carry because of the additional space available.
We look forward to the opportunity to bring new HydraSleeve accessories and products to the market soon to enhance and simplify your HydraSleeve sampling programs.
Sealing the deal with a handshake Jim Mathis from Atlantic Supply and GeoInsight's Kent Cordry.