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VISTA, Calif., Nov. 4, 2009 (GLOBE NEWSWIRE) -- EcoBlu Products, Inc., (OTCBB:ECOB - News) announced today it has entered into an exclusive licensing agreement with Luxor Industrial Corporation of Vancouver, British Columbia, Canada for their patented IBS2000(R) Engineered Bridging. The agreement is for an exclusive worldwide sales and marketing license, excluding Canada.
Luxor develops, manufactures, and markets innovative wood building components for the construction of floor and wall systems in residential and light commercial buildings.
"This is a great addition to our product line; the IBS2000(R) saves lumber, reduces cost, and creates a better performing floor with increased span," said Steve Conboy, President and CEO of EcoBlu Products. "The IBS2000(R) fits well into our focus on wood products that allow our customers to build green, increasing the sustainability of our forests," added Conboy.
The IBS2000(R) will be coated with EcoBlu's BLUWOOD(TM) technology to protect against mold, rot, decay, termites and fire.
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About EcoBlu Products, Inc.
EcoBlu Products, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, rot-decay, termites and value added fire. EcoBlu products utilizing BLUWOOD(TM) 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 all types of roof structures.
The Company is committed to the development, marketing and sales of environmentally-responsible building materials. EcoBlu products are ready to deliver the winning edge to builders and the environment with its sustainable green product line.
About Luxor Industrial Corporation
Luxor markets, manufactures, and distributes its lead product, the patented, IBS 2000(R) Engineered Bridging that enables the floor to act as a system with unparalleled scale of the gain in stiffness and rigidity. Luxor has spent many years analyzing wood-frame floor construction and has established itself as a leading authority in wood floor performance engineering in North America. For more information visit: http://www.luxorcorp.com
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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