The EcoSmart Surface Technologies to Provide Flooring for VA Medical Centers and Military Facilities
LAKE PARK, Fla., June 28, 2012 /PRNewswire/ -- EcoSmart Surface Technologies (EST) secured a contract today with VSGI LLC Building Solutions of Oakbrook Terrace, IL. The agreement with EcoSmart Surface Technologies, a wholly owned subsidiary of The Renewable Corporation (OTC-PINK: RNWB) opens the way for installation on VSGI'S existing task order contracts and future contracts with the VA. VSGI is a verified service-disabled Veteran-owned business, which provides sustainable construction and management services to meet Service-Disabled Veteran-Owned Small Business (SDVOSB) set-aside requirements within the agencies of the Federal Government.
Brian Ireland , president of EcoSmart Surface Technologies stated, "We are excited to work with VSGI and the Veteran's Administration, it is rewarding to know that we can assist in making the VA hospitals, specialty medical centers and clinics not only visually pleasing but also safer for our Veterans and their families."
The initial projects are planned to seal and encapsulate hazardous materials such as asbestos haunting older government and private buildings. The process will save substantial construction cost and downtime. The EcoSmart Surface Technologies flooring system will create a permanent monolithic chemical bond with the existing surface. Application also requires less energy consumption, little waste and is safer and less disruptive than conventional processes because the asbestos material does not need to be removed.
"This is a tremendous opportunity for Renewable and should add millions in revenues for the Company," states Manpreet Singh , Chief Financial Officer of The Renewable Corporation.
About EcoSmart Surface Technologies
EcoSmart Surface Technologies, a wholly owned subsidiary of The Renewable Corporation Inc., has developed an exciting new alternative in decorative floor surface coverings. Innovative and unique process (patents pending) achieve a highly desirable appearance that's extremely durable, also provides superior quality and performance, and offer a more environmentally friendly choice than conventional flooring options. EcoSmart Surface technologies' products and processes can even seal and encapsulate hazardous materials such as asbestos, and place it in a permanent chemical bond. Application also requires less energy consumption and is safer than conventional processes. Interior and exterior flooring, countertops and many other horizontal surfaces can all be enhanced using these new methods.
About The Renewable Corporation
The Renewable Corporation (TRC, trading symbol RNWB) was established in 2004, adopted its present name in 2008, and is based in Lake Park, Florida. It develops and supplies products, services, and technologies that use efficient, renewable resources. TRC knows there is significant interest in clean, green, and lean methods that offer superlative quality at a cost that is a reasonable alternative to traditional choices, and will have a less hazardous impact on the environment and human health.
The Renewable Corporation family of companies integrates sustainable manufacturing and distribution with cutting edge research and proprietary technology to provide the most advanced line of products and services available. TRC actively seeks out partner companies and individuals that are engaged in similar, forward leaning efforts. The company encourages creative synthesis and the inspired application of ideas in unexpected places. Discovering new solutions to existing and anticipated problems is the corporation's primary goal. The Renewable Corporation portfolio already contains multiple patents and patented products.
Continued support for national manufacturing and small business is also at the heart of The Renewable Corporation charter. TRC believes that innovative individuals and businesses will invigorate our economy and drive sustained growth into the future as the knowledge continues to evolve. We believe that our products, processes, and services will create many jobs, both at the individual and corporate level.
The Renewable Corporation management has assembled an exceptional leadership team to establish the company's position at the forefront of environmentally friendly business, and to guide its efforts. Their expertise includes new business development and financing, international sales and marketing, industrial renovation, molecular biochemistry, and biotechnology.
This press release may contain forward-looking statements, particularly as related to pro forma financial statements, earnings estimates and business expectations, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. These forward-looking statements are only made as of the date of the press release and Technology River Investments and the companies discussed do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Corporate Contact Information:
The Renewable Corporation
1313 South Killian Drive
Lake Park, FL 33403
Gary D. Alexander , Corporate Secretary - Investor Relations
Phone: 772-380-4320 x1
SOURCE The Renewable Corporation
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