Eco Building Products Forms Partnership With CorWorth Building Systems, LLC
Eco Red Shield™Protection Strategically Enters the Nationwide Parks & Recreation Niche Market
VISTA, Calif., Oct. 9, 2012 /PRNewswire/ -- Eco Building Products, Inc., (OTCBB: ECOB) announced today the Company has signed a binding Memorandum of Understanding with CorWorth, LLC, a Texas limited liability company and its affiliates, including Restroom Facilities, Ltd and others. This formal agreement between ECOB and CorWorth represent an exclusive nationwide marketing and sales arrangement for a limited scope use, and also provides a niche market use of ECOB's protected lumber, logo and product identity. CorWorth bids on municipality contracts across the nation and will now specify Eco Red Shield protected lumber on all bids moving forward.
ECOB is continually raising the bar regarding building industry "best-practices" and standards. This newly formed partnership is symbolic of the innovation and resulting acceptance of the finest in American-born building science and technology. CorWorth specializes in the design, manufacture, delivery, and monitoring of high-quality modular buildings, and has been recognized as an industry leader in the development of ancillary products and alternative materials specifically used in buildings required to stand up to extreme public use, weather, potential vandals and corrosive conditions.
"CorWorth is excited about our affiliation with Eco Building Products," said Howard Worthing, President of CorWorth Building Systems, "to be named as the exclusive provider of Eco Red Shield and other Eco products used for the manufacture and construction of public restrooms and related buildings for the Parks & Recreation industry. The Eco Building Products allow us to provide competitively priced wood-framed buildings that have all the advantages of concrete with all the flexibility of design, construction, and features only achievable using wood-frame construction. These lighter-weight buildings are much faster to construct than concrete, and now thanks to Eco, are also resistant to moisture damage, insect damage, and fire, coupled with our rigorous construction techniques; they are as durable as concrete!"
Resultant of the Company's newly formed partnership with CorWorth, it is anticipated that CorWorth will spend a significant amount of time and money promoting ECOB products on the CorWorth website, attending various tradeshows, conducting continuing education classes, and through their concerted efforts in specifying Eco Red Shield protected lumber products for all projects sent out to bid. CorWorth's desires to have an exclusive right to utilize, market and distribute ECOB's products, in their niche market, demonstrates the effectiveness of the Company efforts in the creation of primary demand for ECOB's line of protected lumber products.
"CorWorth is a true example of a great American company, and we are proud to join forces with them as Eco continues to gain momentum during these turbulent times and competitive marketplace. The niche market that CorWorth operates in represents a variety of new opportunities for getting Eco Red Shield vertical, and we feel that the decision to partner with them will serve both of our organizations well," stated Steve Conboy, President & CEO of Eco Building Products, Inc.
About CorWorth Building Systems, LLC.
CorWorth Building Systems is a leader in the manufacturing of prefabricated, stand-alone public buildings for the Parks & Recreation industry both domestically and internationally. Their buildings are typically used for public restrooms, concession stands, storage, and equipment housings where the buildings must be secure and resistant to weather, vandals and corrosive materials. CorWorth's proprietary monitoring systems allow these same buildings to become the hub for "Smart Parks" by controlling lighting, irrigation, remote access to buildings, and helping to manage utilities and maintenance programs. CorWorth is based in Marble Falls, TX. For information, please go to www.corworth.com .
About Eco Building Products, Inc.
Eco Building 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 ECOB WoodSurfaceFilm™ and FRC™ technology (Fire Retardant Coating). Eco Building products, "Eco Red Shield", "Eco Blue Shield" & "Eco Clear Shield" 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.
Safe Harbor Statement: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. ECOB takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties.
Investor Relations Contact
Arthur Douglas & Associates, Inc.
SOURCE Eco Building Products, Inc.
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