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November 24, 2008 |
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ENVIROCOAT TECHNOLOGIES' MIDDLE EAST DISTRIBUTOR
IS IN NEGOTIATIONS WITH A MASSIVE DEVELOPMENT
Prima Developments Ltd. (the "Company") is pleased to report that its Middle East distributor, Entech Coatings has entered negotiations with "The Pearl" in
The President of Entech states, "This massive development which comprises nearly one thousand acres will have luxury condos, elegant townhomes, beach front villas, hotels, marinas, retail stores and restaurants."
"The
If Entech Coatings is successful in acquiring specification on this project they will be available to every structure in the development and the product will be perfectly suited for the climate conditions in the
This project will require millions of gallons of coating material.
About Prima (PID)
Prima's subsidiary, ENVIROCOAT TECHNOLOGIES, manufactures and distributes the proprietary specialty Envirosmart coatings, known as Ceramic Insulcoat with Cerylium, throughout
On Behalf of the Board,
Roland Langset, President
This press release may include forward-looking statements; including statements relating to the Company's manufacturing capability, marketing strategy, future sales growth, profitability and competitive position. The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate", and similar expressions identify forward-looking statements. Forward-looking statements are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. The Company does not undertake to review or update these forward-looking statements.
The TSX Venture Exchange has not reviewed and does not a
ccept responsibility for the adequacy or accuracy of this release.
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