Eco Building Products Receives Additional Release for 9 Units from Cornerstone Communities Corporation
Cornerstone Communities Continues to Employ Red Shield™ Protection for up to 37 Triplex's
VISTA, Calif., Feb. 28, 2012 /PRNewswire/ -- Eco Building Products, Inc., (OTCBB: ECOB) announced today the company has secured an additional release for Lumber, Labor, Trusses and EWP products coated with Red Shield™ protection on our current contract to build 37 triplex's representing 111 units for Cornerstone Communities "Veranza II" project located in "The Summit at Eastlake" Chula Vista, California. ECOB has received the second release of the contract representing in excess of $132,000.00 dollars in gross revenues to build 9 units, commencing immediately.
E Build & Truss division of ECOB will be responsible to provide framing labor and truss packages coated with Red Shield™ protection. Future releases will be sales driven however the total project represents potentially in excess of $1.6 million dollars in gross revenues to the company.
"ECOB strives to provide our customers with the best customer service coupled with the best lumber protection in the industry resulting in continued contract releases. Our efforts to build relationships with companies such as Cornerstone Communities are now starting to mature. Eco will remain loyal to the builders that support our products as we prove that we can not only supply them protected lumber but our E Build & Truss division can execute and delivery the entire house pack as good or better than anyone in the supply chain," stated Steve Conboy, President and CEO, 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 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.
Company Contact
Eco Building Products, Inc.
Phone: 1 888 Red Shld (888.733.7453)
Email: [email protected]
Web Site: www.ecob.net
Visit us on YouTube at: www.youtube.com/ecobluproducts
SOURCE Eco Building Products, Inc.
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