Eco Building Products Goes Off Shore for Housing, Starts Extending Product Representation in African Nations
ECOB Announces Formal Representation with Dr. Dorothy M. Leveque
Aug 22, 2011, 09:00 ET
VISTA, Calif., Aug. 22, 2011 /PRNewswire/ -- Eco Building Products, Inc., (OTCBB: ECOB) announced today the company has executed a memorandum of understanding with Dr. Dorothy M. Leveque to represent ECOB products in Ghana, Tanzania and South Africa. Under the terms, Dr. Dorothy M. Leveque will provide a satellite office location to establish relationships in Africa to provide local housing requirements at competitive pricing. In addition, Dorothy will assist with local intelligence gathering for suitable building designs and local requirements. All proceeds earned under the terms of this relationship will be donated to Pathways/Africa, a nonprofit organization of which Dr. Leveque is the current president.
ECOB has recognized that the housing demands in the world are significantly larger than the U.S. current demand. The company's charter is to bring our technically advanced building materials to countries that never considered lumber products as a viable building resource. Our Red Shield™ technology overcomes all of the issues that keep lumber from being a utilized resource for housing demand. Additionally, ECOB has developed a process to prefabricate American style houses. Approximately 80% of the housing designs are assembled in the USA prior to being deployed into other countries stimulating local and international commerce.
"I am very excited to be associated with Eco Building Products because they have great products; but also, Steve Conboy has a heart, not only for profit, but also for humanitarian needs. I love what they are doing and see an enormous opportunity for the African Nations to take advantage of ECOB's products and services. The housing demands are so vast in this part of the world that the local building practices could never keep up," stated Dr. Dorothy M. Leveque, Ed.D., Member of the Board of Directors/President/CEO of Pathways/Africa.
"Our relationship with Dr. Dorothy M. Leveque is another step towards deployment of Red Shield lumber prefabricated housing throughout the world," stated Steve Conboy, President and CEO, Eco Building Products. "Dorothy is a wonderful individual that I am proud to be associated with. She will donate all of her proceeds to Pathways/Africa to aid locals in various African nations. Dorothy's efforts can also create sustainability in funding projects in Tanzania," added Conboy.
About Dr. Dorothy M. Leveque http://www.pathwaysafrica.org/
Dr. Dorothy M. Leveque has expertise in educational issues, community development and educational planning gained through 37 years in public (34) and private (3) education, 27 of which were in administration. Twenty of the 27 years were in central office administration in curriculum and instructional services. Dorothy lives in South Africa six months of each year, extending P/As work in this southern region with schools, orphanages, women's shelters, and hospitals/clinics. Dorothy is a former member of the Board of Directors of KidCare International. She established and implemented Promise for African Literacy (PAL), expanded the work of PAL to purchase literacy books and materials as well as provide teacher training for 8 schools in South Africa.
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 Wood Surface Film™ and FRC™ technology (Fire Retardant Coating). Eco Building Products' "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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