PEI Worldwide Holdings, Inc. Retains Neal Root as Consultant and Board Member

PLANO, Texas, March 9 /PRNewswire-FirstCall/ -- PEI Worldwide Holdings, Inc. (Pink Sheets: PEIW) is pleased to announce the addition of Neal Root to the company's board of directors and as a consultant.  Mr. Root is a structural engineer with a PE (Professional Engineer) certification and a background in commercial, residential and industrial construction.  

Equally important is Mr. Root's certification as a LEEDs (Leadership in Energy & Environmental Design) instructor.  He has traveled nationwide, giving seminars to private and public building and construction companies as well as architectural and engineering firms with a focus on "green building" technology.

Neal was able to analyze THURA-BLOCK from the standpoint of potential LEED credits.  The categories that were analyzed included energy performance (Thermal Efficiency of R. 38), recycled content (up to 65%), regional materials (product shipment less than 500 miles from site), on-site contamination (dry stacking reduces soil & air pollution), design innovation (being able to shape and mold THURA-BLOCK to many innovative shapes, etc.).  All in all, the possibility of THURA-BLOCK receiving total LEED credits of 25 is real, nearly half way to Platinum LEEDs certification.

Gifford Ludwigsen, CEO of PEI Worldwide Holdings, Inc., states, "The building industry is leaning very heavily to LEEDs certified building products and PEI Worldwide plans to manufacture and provide these products for many years to come.  We welcome Neal Root and appreciate the experience that he brings to our company."

About PEI Worldwide Holdings, Inc.

PEI Worldwide Holdings, Inc., an innovative construction product development company, brings a proprietary, high profit margin, light weight, insulating building block technology to the only growing segment in the construction industry, the $36 billion "green" building marketplace. These extremely high "R" value insulating building products are so cost competitive that they will be one of the only LEED certified "green" products that can effectively compete with traditional building methods such as wood frame and concrete.

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE PEI Worldwide Holdings, Inc.