Eco Building Products Receives Additional Customer Purchase Orders From Brookfield Homes, Ontario, California Production Builders Continue to Realize Benefit of Utilizing Eco Red Shield™ Lumber Products
VISTA, Calif., Oct. 19, 2012 /PRNewswire/ -- Eco Building Products, Inc. (OTCBB: ECOB) announced today the Company has been awarded additional production releases, representing in excess of three hundred thousand dollars ($300,000.00) in gross revenues in the combined release, on ECOB's contract to supply Eco Red Shield™ coated lumber, labor and trusses for the next phase of houses at Brookfield Homes "Green Door" project in Ontario California.
E Build & Truss, Inc., a wholly owned subsidiary of Eco Building Products, was awarded the framing contract with the inclusion of Eco Red Shield lumber and truss package for the entire community of eighty eight homes. The Company has already completed forty two homes of the customer contract. The current order, shipping from inventory, represents an additional sixteen more homes scheduled to commence shipment by November, 2012.
Eco Building Products continues to provide protected lumber, now meeting building code requirements for wood-rot decay and termites coupled with the industry's first warranty, and continues to supply superior framing services building a quality product for Brookfield Homes. Recent news has cited a strong national rebound currently is underway in the housing market; this current release from Brookfield is an indication of the potential current recovery in the local area. The Company is working to secure additional home builder contracts leveraging the recent accomplishments of Eco Building Products, Inc.
"I am extremely happy with the continued performance and quality of work delivered to our customers by E Build & Truss division and the ECOB Team as we just won the 2012 BEST NEW PRODUCT - HOBI Award (Home Building Industry Awards, Connecticut Region) for coated Eco Red Shield™ protected Lumber. Delivering a quality product coupled with skilled labor services creating primary demand for America's new national brand of Eco Red Shield lumber supporting Veterans with our www.Pledge2Vets.com," stated Steve Conboy, President and CEO of Eco Building Products.
About Eco Building Products, Inc.
Eco Building Products, Inc. is a manufacturer of treated wood products that are protected against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites by our proprietary eco-friendly chemistry utilizing ECOB WoodSurfaceFilmTM 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.
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SOURCE Eco Building Products, Inc.