TORONTO, Sept. 20, 2005 (PRIMEZONE) -- Conforce International, Inc. (Pink Sheets:CFRI) ("Conforce") producers of EKO-FLOR, announced that it commenced trading on Sept. 15, 2005.
Management of the company has been in the container industry for over 25 years. In addition to the development of its EKO-FLOR product, the company specializes in the handling and storage of marine shipping containers from its container terminal. The facility has a carrying capacity of over 5,000 units and has enjoyed significant growth and profitability since its inception.
Since 2001, Conforce, through its wholly owned subsidiary Conforce Container Corporation, has been engaged in the research and development of a unique and proprietary composite product designed to change the shipping container industry. The Company's goal was to develop a material that could simulate the characteristics of wood, while testing lighter, stronger and more cost effective. The result is EKO-FLOR, a revolutionary, total wood replacement system that will change the way shipping containers are made, worldwide. The environmentally friendly EKO-FLOR eliminates the needless use wood, while greatly enhancing the performance of the container and ultimately reducing its cost. The first EKO-FLOR prototype was introduced in June 2005 and is currently in on-site, internal phase one testing.
President and CEO, Mr. Marino Kulas, stated that, "Wood in this marketplace has its limitations. Although the container industry has put up with it for the last 50 years, it quite simply does not work well as a container floor. These limitations translate into increased costs for the shipping industry. EKO-FLOR eliminates these shortfalls, which will have a positive impact on the profitability of our customers, the International shipping container conglomerates."
Some of the Company's current clients, through the terminal operation, include P&O NedLloyd, China Shipping, ZIM Integrated Container Shipping, Costa Container Lines and Westwood Shipping Lines.
Mr. Kulas when on to say that, "EKO-FLOR maximizes container potential by making the units versatile enough to transport all types of cargo. Considering that containers will carry chemicals one day, and coffee beans the next, contamination through residue and odor absorption is possible with wood. With EKO-FLOR, the threat is eliminated. Containers will no longer be condemned, which maximizes fleet size and revenue potential."
It is estimated that 90% of world trade, measured by value, is transported in shipping containers. The industry, although still considered to be in its infancy, has experienced tremendous growth, with continued increases in container traffic projected until 2010. It is estimated that there are currently over 146 million containers and trailers in circulation worldwide.
Mr. Kulas added that, "We are very excited about the explosive growth our product can achieve in this vast marketplace. We are confident that the industry will welcome EKO-FLOR and adopt it as the standard by which container floors are measured."
For more information on Conforce International, its EKO-FLOR product, and its terminal operations, please visit: www.conforce1.com.
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