Addition of 13 New Sales Representatives Brings Total to 34 Sales Persons Graduates Eligible to Share in $7 Million Annual Available Commissions
MELBOURNE, Fla., April 30, 2008 (PRIME NEWSWIRE) -- Alternative Construction Technologies, Inc. (OTCBB:ACCY) announced today that it has just certified thirteen additional Manufacturer's Sales Representatives, including two new Eco$mart, Inc. Sales Representatives pursuant to their agreement announced October 23, for the qualified sale of its environmentally friendly, energy conserving and disaster resistant ACTech(r) Panel System. Thirteen "industry aware" candidates attended a two-day sales course educating attendees how to properly represent the many features, benefits and economic advantages of the "state of the art", galvanized steel structural insulated panel system (SIP). Unlike many other SIP producers, Alternative Construction Technologies provides a turn-key system that is delivered directly to the construction site, eliminating costly middle men, delays and multiple material sourcing requirements found in conventional construction. The course included schooling on the Company and procedures, the present and future state of the "GREEN" building industry, the earnings opportunity and the proper way to sell the ACTech Panel system. Thirteen students were successfully certified by passing the final exam comprised of 26 essay questions.
A.J. Francel, the Company COO, added, "We are quite pleased with this graduating class. And with nearly $7 Million in annual available commission dollars available from our current production capability, we feel we have the proper incentives in place to motivate any salesperson to perform well. The state of the green-building is gaining significant momentum with a minimum of 24 states that now have green-building mandates, over 40 cities also having green-building mandates, the backing from United Conference of Mayors, current insurance industry disaster and risk mitigation efforts and the several incentive and rebate programs that are now being offered, should pave the way for significant results as our consumption and conservation minded building technology strives for mainstream awareness." "We feel we have the right product, are the right Company and management team, with outstanding political relationships and patented technology, operating in the right market and political climate at exactly the right time," said Michael Hawkins, CEO and Chairman. "With a current facility of 154,000 square feet on 9.6 acres, we can easily ramp up to meet the demand created by a large sales force," he concluded.
The ACTech Panel System is the ideal product for builders wishing to differentiate themselves from traditional conventional block or "stick" builders predominant in their local markets and competing for the same consumer's dollar. The ACTech(r) Panel system gives builders the opportunity to gain new business in competitive or down markets while aiming to capitalize on current, global green-building trends. Research has shown that utilizing such green building materials can reduce monthly budgetary expenses of the homeowner by as much as $200 per month or as little as $5 per month, depending upon the amount of monthly energy savings, insurance discounts and incentives, and the eligibility for Class-1 Fire rating discounts while providing significantly better occupied space. This allows the consumer to place more of his money on the value of the home and mortgage, rather than the dispensable costs of insurance and utilities. The benefits to occupancy include: safety and security, acoustical values, indoor air quality, even distribution of temperature, healthier environment, reduced cost of occupancy, 5% greater resale value (on average), productivity gains and general feelings of well being and happiness.
Alternative Construction Technologies, Inc. (ACT) possesses a unique and patented construction technology called the ACTech(r) Panel System that is used in the design and production of state of the art buildings in commercial, residential, industrial and modular building applications. Generically known as structural insulated panels (SIPs), ACT's revolutionary and efficient construction solution utilizes an inherently better galvanized steel "skin" SIP system to complete energy efficient, stronger, safer, faster, and more economical structure than conventional wood and brick based building products. The patented ACTech(r) Panel is environmentally-friendly and easier to construct with -- not only saving labor cost and cutting construction time, but also reducing recurring monthly heating and cooling energy bills by 30-50% and often more. Most importantly, the ACTech(r) Panel possesses disaster resistant strength and has tested stronger than conventional concrete block or wood frame construction. In hurricane projectile tests, the ACTech(r) Panel continues to meet the most stringent wind, projectile and uplift codes in the nation levied by the 2006 Florida Building Code. The ACTech(r) Panel System offers builders and consumers many competitive and comparative advantages of use due to its wide range of attributes. As this new construction technology gains awareness, or hurricane and tornado-prone states establish new building codes and rebuild from recent weather disasters, ACT believes its' products will be in greater demand. ACT has recently added complementary services including design, consulting, and construction through its various general contracting companies located in Florida, Georgia and Tennessee.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.