LAKE PARK, Fla., June 28, 2012 /PRNewswire/ -- EcoSmart Surface
Technologies (EST) secured a contract today with VSGI LLC Building
Solutions of Oakbrook Terrace, IL.
The agreement with EcoSmart Surface Technologies, a
wholly owned subsidiary of The Renewable Corporation (OTC-PINK:
RNWB) opens the way for installation on VSGI'S existing task order
contracts and future contracts with the VA. VSGI is a verified
service-disabled Veteran-owned business, which provides sustainable
construction and management services to meet Service-Disabled
Veteran-Owned Small Business (SDVOSB) set-aside requirements within
the agencies of the Federal Government.
(Logo:
http://photos.prnewswire.com/prnh/20120628/NY33125LOGO )
Brian Ireland, president of
EcoSmart Surface Technologies stated, "We are excited to work with
VSGI and the Veteran's Administration, it is rewarding to know that
we can assist in making the VA hospitals, specialty medical centers
and clinics not only visually pleasing but also safer for our
Veterans and their families."
The initial projects are planned to seal and encapsulate
hazardous materials such as asbestos haunting older government and
private buildings. The process will save substantial construction
cost and downtime. The EcoSmart Surface Technologies flooring
system will create a permanent monolithic chemical bond with the
existing surface. Application also requires less energy
consumption, little waste and is safer and less disruptive than
conventional processes because the asbestos material does not need
to be removed.
"This is a tremendous opportunity for Renewable and should
add millions in revenues for the Company," states Manpreet Singh, Chief Financial Officer of The
Renewable Corporation.
About EcoSmart Surface Technologies
EcoSmart Surface Technologies, a wholly owned subsidiary of The
Renewable Corporation Inc., has developed an exciting new
alternative in decorative floor surface coverings. Innovative and
unique process (patents pending) achieve a highly desirable
appearance that's extremely durable, also provides superior quality
and performance, and offer a more environmentally friendly choice
than conventional flooring options. EcoSmart Surface technologies'
products and processes can even seal and encapsulate hazardous
materials such as asbestos, and place it in a permanent chemical
bond. Application also requires less energy consumption and is
safer than conventional processes. Interior and exterior flooring,
countertops and many other horizontal surfaces can all be enhanced
using these new methods.
About The Renewable Corporation
The Renewable Corporation (TRC, trading symbol RNWB) was
established in 2004, adopted its present name in 2008, and is based
in Lake Park, Florida. It develops
and supplies products, services, and technologies that use
efficient, renewable resources. TRC knows there is significant
interest in clean, green, and lean methods that offer superlative
quality at a cost that is a reasonable alternative to traditional
choices, and will have a less hazardous impact on the environment
and human health.
The Renewable Corporation family of companies integrates
sustainable manufacturing and distribution with cutting edge
research and proprietary technology to provide the most advanced
line of products and services available. TRC actively seeks out
partner companies and individuals that are engaged in similar,
forward leaning efforts. The company encourages creative synthesis
and the inspired application of ideas in unexpected places.
Discovering new solutions to existing and anticipated problems is
the corporation's primary goal. The Renewable Corporation portfolio
already contains multiple patents and patented products.
Continued support for national manufacturing and small business
is also at the heart of The Renewable Corporation charter. TRC
believes that innovative individuals and businesses will invigorate
our economy and drive sustained growth into the future as the
knowledge continues to evolve. We believe that our products,
processes, and services will create many jobs, both at the
individual and corporate level.
The Renewable Corporation management has assembled an
exceptional leadership team to establish the company's position at
the forefront of environmentally friendly business, and to guide
its efforts. Their expertise includes new business development and
financing, international sales and marketing, industrial
renovation, molecular biochemistry, and biotechnology.
Legal Notice:
This press release may contain forward-looking statements,
particularly as related to pro forma financial statements, earnings
estimates and business expectations, within the meaning of Section
27A of the Securities Act of 1933 and Sections 21E of the
Securities Exchange Act of 1934, and are subject to the safe harbor
created by these sections. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events
or performance are not statements of historical fact and may be
"forward looking statements." Forward looking statements are based
on expectations, estimates and projections at the time the
statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated. These forward-looking
statements are only made as of the date of the press release and
Technology River Investments and the companies discussed do not
undertake any obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Corporate Contact Information:
The Renewable Corporation
1313 South Killian Drive
Lake Park, FL
33403
Gary D. Alexander, Corporate
Secretary - Investor Relations
www.TheRenewCorp.com
G.Alexander@TheRenewCorp.com
Phone: 772-380-4320 x1
SOURCE The Renewable Corporation
