Eco Building Products Receives Another Release for Two Additional Phases from Brookfield Homes, Ontario California Production Builders Continue to Realize Benefit of Utilizing Eco Red Shield™ Lumber Products
VISTA, Calif., Feb. 14, 2013 /PRNewswire/ -- Eco Building Products, Inc. (OTCQB: ECOB) announced today the Company has been awarded additional production releases, representing in excess of four hundred ten thousand dollars ($410,000.00) in gross revenues in the combined release, on ECOB's contract to supply Eco Red Shield™ coated lumber, labor and trusses for an additional two phases 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 fifty eight homes and is currently building nineteen more homes of the customer contract. The additional order now represents fourteen more homes scheduled to commence shipment in March and April of 2013.
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 mold and fire protection in an all in one application for the entire structure. E Build & Truss continue to supply superior framing services building a quality product for Brookfield Homes.
"As our President Barack Obama reminded us Tuesday night and Home Builder news indicates signs of recovery, our production home releases continue to increase. Eco Building Products is very active in the planning efforts for the Sandy rebuild on the east coast, hosting town hall meetings providing education on embracing defensive building practices and technologies that are changing wood framed construction nationally. Our President reminded us of the weather pattern changes and the need to embrace new sustainable ways to build and ECOB is out in front of everyone with our Institute of Defensive Building Practices (IDBP). I have been building in California since the Northridge earthquake which has taught Eco's team how to embrace lateral strength and hardware making California wood framed buildings the best in the world. My team and I are leading the way when it comes to protecting wood fiber strength from termites and wood-rot so we know our buildings original engineered design values will be maintained when the next hurricane winds or ground movement strikes," stated Steve Conboy, President and CEO of Eco Building Products.
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 the surface 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" 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.