EcoBlu Products Enters Into Product Application Agreement With Mid-State Properties.
WoodSurfaceFilm™ Treatment to Be Produced In Central Florida
VISTA, Calif., Jan. 24, 2011 /PRNewswire/ -- EcoBlu Products, Inc. (OTC Bulletin Board: ECOB) announced today that the company has signed a product Application Services Agreement with Mid-State Properties of Central Florida, LLC. located in Lakeland, Florida. Under the terms of the agreement, the Mid-State Companies will treat EcoBlu Products lumber, build EcoBlu's humanitarian house packages and manage lumber inventory for wholesale distribution to the Southeast region allowing EcoBlu to rapidly expand market share. The Lakeland facility, dormant for the past few years, is situated on 18 acres with turnkey resources to produce treated lumber products, trusses and pre-fab houses. Additionally, the agreement provides life to Mid-State Truss Company, Inc. by creating jobs and products for the local and international markets.
A successful roll out of our Patent Pending WoodSurfaceFilm™ treatment requires the product availability in strategic locations around the country. This facility in Central Florida is strategically located providing the company the ability to inventory treated lumber and pre-fab buildings in the Southeastern markets for export to Caribbean Islands such as Haiti, Dominican Republic and Puerto Rico as well as African countries. The Companies goal is to make EcoBuilding Products "Good Wood™" brand readily available for Big Box and Retail Lumber Companies by providing access to buy full units of all our treated products.
"After meeting with Mike Reed, President of Mid-State Properties and Mid-State Truss Company, I realized this facility was ready to produce treated lumber and houses to support our YouthBuild program; a perfect complement to my plan going offshore for housing starts while the US Home Builders slowly recover," said Steve Conboy, President and CEO of EcoBlu Products. "EcoBlu protected lumber along with Eco Shelters is a perfect way for us to do our part helping the US economy while helping these kids get another shot at life," added Conboy.
"As a founding principal in Wood Smart Solutions, Inc. and as the patent holder of coating technology on roof trusses, I was the first to recognize the importance of topically treating roof trusses for the prevention of mold. We are very pleased to be joining forces with EcoBuilding Products™. Good Wood™ by Eco is the newest technology in wood protection. Eco has a revolutionary chemistry that insures the highest form of coating protection; preventing mold and termites with the added benefit of fire resistance while maintaining a real quality control program to insure their process is consistent from factory to factory. There is nothing like it!" according to Mike Reed, President and CEO of Mid-State Truss. "A house is not a home without Good Wood™. We look forward to advancing the cause of Good Wood™ to homebuilder's worldwide," added Reed.
About EcoBlu Products, Inc.
EcoBlu Products, Inc. is a manufacturer of proprietary wood products treated with an eco-friendly proprietary chemistry that protects against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites with EcoBlu's WoodSurfaceFilm™ and FRC™ technology (Fire Retardant Coating). EcoBlu products, "Good Wood™" utilizing patent pending technology is the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings. EcoBuilding Products, Inc. is a registered DBA of EcoBlu Products, Inc.
About Mid-State Truss Co., Inc.
Mid-State Truss Company was established in 1970 as a family business to provide the Gulf Coast and Central Florida building communities with quality engineered roof and floor truss systems. Through three generations of family management, Mid-State grew to be one of the largest and most respected component manufacturers in the state. 'Serving Florida Builders Since 1970' not only represented our long standing relationship with the building community but our promise and dedication to serve our customers. After forty years of excellent service to Florida's home builders, Mid-State Truss closed in late 2009 as a result of the extreme housing depression.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of EcoBlu Products, Inc. common stock and the ability to obtain the necessary financing.
Web Site: www.ecobluproducts.com
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SOURCE EcoBlu Products, Inc.
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