VISTA, Calif., Feb. 25, 2011 /PRNewswire/ -- EcoBlu Products, Inc., (OTC Bulletin Board: ECOB) announced today that the company has finalized an Affiliate, Purchase, Distribution & Services Agreement with Guthrie Lumber & Distribution Company. Under the terms of the agreement Guthrie will produce ECOB Good Wood™ products in the Austin Texas facility with the rights to distribute lumber into the entire market. Austin, Texas is a leading market to embrace today's building practices enabling Guthrie to offer Fire, Mold, Wood Rot and Termite protection on lumber products to the local region. Additionally, the agreement calls for Guthrie to stock and distribute ECOB engineered wood products and all future private label ECOB products.
A successful roll out of our Patent Pending WoodSurfaceFilm™ treatment requires the product availability in strategic locations around the country. This facility in Austin Texas is strategically located providing the company the ability to reach the southern markets. The Companies goal is to make EcoBuilding Products "Good Wood" brand readily available for Big Box and Retail Lumber Companies by providing access to buy full units of all our treated products.
"Now my company has the ability to produce a product that protects people's investment and occupants in their homes, along with the sustainability of our forest are a Win- Win for all involved," said Greg Guthrie, Vice President of Guthrie Lumber & Distribution Company. "Finally we can defeat the costly enemies of wood fiber and improve the world's most renewable building resource," added Guthrie.
"Texas is just another piece of the ECOB Roll out plan installing our treated products into wholesale distribution around the USA," said Steve Conboy, President and CEO of EcoBlu Products. "Greg Guthrie is a lumber man that knows we have to change the approach today and embrace advancement in home building industry," added Conboy.
Guthrie Lumber & Distribution Centers, Inc. http://www.guthrielumber.com
Guthrie Lumber Sales began in the early 1980's as the company focused on the wholesale lumber business. As a family owned business with attention to detail, and a corporate culture in which business was built on trust and one's word, the business prospered. Guthrie customer base ranged from the local hardware stores to the mega distributors and lumber dealers. Bobbie Guthrie had begun his career buying and selling lumber specializing in yellow pine. Working directly with the mills, the Guthrie Family is able to be highly competitive in the challenging building materials market.
About EcoBlu Products, Inc.
EcoBlu 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 EcoBlu's WoodSurfaceFilm™ and FRC™ technology (Fire Retardant Coating). EcoBlu products, Good Wood™ 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. EcoBuilding Products, Inc. is a registered DBA of EcoBlu Products, Inc.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of EcoBlu Products, Inc. common stock and the ability to obtain the necessary financing.
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SOURCE EcoBlu Products, Inc.