BURNABY, British Columbia, April 25, 2007 (PRIME NEWSWIRE) -- American Insulock Inc. (the "Company") (Pink Sheets:AILKF) (CNQ:AIKI.U) is pleased to announce that it has signed a consulting agreement with Mr. Kevin Fulkerson of Mesa, Arizona. American Insulock met Mr. Fulkerson at their booth at the Phoenix Home and Garden show in January 2007. Since then Mr. Fulkerson has worked closely with the Company and has agreed to represent the technical aspects of building construction to Insulock customers.
Mr. Fulkerson graduated with a Bachelor of Science degree in Civil Engineering from Kansas State University in 1977. After graduation Mr. Fulkerson worked in construction management for projects for large industrial applications. He has experience in high rise construction management, small commercial construction management, architectural glass systems, and many more specific areas.
Mr. Fulkerson formed Cornerstone Design in 1998 and has been actively involved in designing homes that utilize energy efficient systems such as the INSULOCK block. Mr. Fulkerson also formed RTO Contracting and KLF Contracting and is currently involved in many building projects around the Phoenix area.
At present time Mr. Fulkerson has commenced a building project utilizing INSULOCK blocks in Payson, Arizona.
The Company has agreed to grant an option plan to purchase an aggregate of 100,000 common shares @ $0.12 for one year.
The Company's core business is the manufacture and distribution of its brand of insulating concrete forms (known as INSULOCK(r) Blocks), together with the equipment that is used to manufacture these blocks. INSULOCK(r) Blocks are made of polyurethane rather than polystyrene (i.e., Styrofoam(r)), which is the material that is used by virtually every other manufacturer of insulating concrete forms. INSULOCK(r) Blocks are much stronger than polystyrene blocks and can be used to construct soundwalls and buildings that are highly effective at absorbing sound and that have an R-30 or R-38 heat insulating value.
On Behalf of the Board of Directors, American Insulock Inc. Per: "Enna Keller" Chief Executive Officer and Director
Canadian Trading and Quotation Systems Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Forward-Looking Statements
Certain information set forth in this press release, including a discussion of future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources, as well as risks inherent in operating in foreign jurisdictions, including varying judicial or administrative guidance on interpreting rules and regulations and a higher degree of discretion on the part of governmental authorities. Actual results, performance or achievement could differ materially from those expressed in or implied by these forward-looking statements.