MELBOURNE, Fla., May 28, 2008 (PRIME NEWSWIRE) -- Accelerated Building Concepts Corporation (OTCBB:ABCC), a provider in the design, manufacturing, and construction services for modular and component building facilities utilizing concrete and steel and structural insulated panels (SIPs) structures, announced today that New Century Structures, Inc., a subsidiary of ABCC, has received a purchase order from Daytona Beach College to construct a modular facility for their campus. The value of the Purchase Order was $550,000.
Joe Sorci, CEO and Chairman, stated: "ABCC is pleased to have been selected by Daytona Beach College to design and build a customized facility for their campus." Mr. Sorci further stated, "We are pleased to see the efforts we have undertaken to improve our marketability has started to bear fruit. This project will mark our first for the Community College system in Florida. ABCC differentiates itself from its competition by providing modular facilities with customization."
Under terms of the Agreement, the facility is scheduled for accelerated completion in July 2008 a determining factor and underlying basis for current and future growth.
Accelerated Building Concepts Corporation (ABCC) provides design, manufacturing, and construction services for modular and component building facilities utilizing concrete and steel and structural insulated panels (SIPs) for use by commercial, educational clients and other government agencies. The Department of Community Affairs (DCA) governs the manufacturing of the Company's products. Additionally, our products meet federal and state regulations for classrooms as well as other government agencies.
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.