SAN JUAN CAPISTRANO, Calif., Nov. 6, 2007 (PRIME NEWSWIRE) -- American Mold Guard, Inc. (Nasdaq:AMGI), a provider of long-term antimicrobial surface treatment services to builders of single- and multi-family housing, and Gables Residential, a nationwide apartment community developer and management company, are partnering to improve the apartment home living experience of residents by applying AMGI's warranted antimicrobial surface treatments in many Gables communities.
Gables' mission is "Taking Care of the Way People Live"(r) and is proud that over the last 25 years the company has set the industry standard for providing extraordinary services within distinctive and inviting living environments. "We selected American Mold Guard because we feel they provide the most comprehensive value in providing total indoor air quality and improved living environments. At Gables, we have a reputation for quality construction and customer care and we feel American Mold Guard is a partner that shares our values," concluded Robert de Bruin, Vice President of Construction in Dallas.
"We are pleased to be associated with Gables Residential and to be selected to provide our antimicrobial treatments for its communities," said Robert Bayer, Corporate Vice President of Sales for American Mold Guard. "This relationship represents another significant shift in the paradigm for builders and occupants who recognize the value of improved indoor air quality and the prevention of unforeseen contaminants. Our warranty and proven anti-microbial surface treatment can protect people and buildings across the country," concluded Mr. Bayer.
American Mold Guard helps developers and builders differentiate themselves from their competition. Prior to the insulation of a structure, American Mold Guard ensures that all structural surfaces are free from mold, mildew and algae contaminants and then applies its antimicrobial coating to protect the structure from future growth. Additionally, American Mold Guard provides multiple service offerings to protect structures and the indoor air quality throughout the life of a building.
About AMGI:
American Mold Guard, Inc. (Nasdaq:AMGI), founded in 2002, is the industry leader in the field of antimicrobial surface treatment services. Its mold prevention services are primarily focused on the residential real estate construction industry in California, Florida, Georgia, Illinois, Louisiana, Massachusetts, Mississippi, Texas and Washington with active expansion throughout the United States. Its mold prevention customers include many of the largest national and regional developers and home builders. Visit: www.amgicorp.com
About Gables Residential
Gables Residential is a privately owned REIT, which owns, develops and manages multi-family communities and mixed-use developments. Gables focuses on high-density urban multi-family rental and mixed-use development and management opportunities in Atlanta, Austin, Dallas, Houston, South Florida, Southern California, and metropolitan Washington, D.C. Additionally it has third-party management operations in the Chicago, New York, Phoenix, Central and North Florida, and Washington State markets. Currently, the company manages over 37,000 apartment homes, owns 60 communities with nearly 16,000 stabilized units and has an additional 25 communities under development or lease-up. The pipeline represents over 5,000 new apartments and a variety of mixed-use spaces in all of its markets. For further information, please visit Gables.com or contact the company by phone at (770) 436-4600.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding, among other things, statements relating to goals, plans and projections regarding the company's financial position, results of operations, market position, product and service development and market strategy. These statements may be identified by the fact that they use words or phrases such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "predicts," "projects," "targets," "will likely result," "will continue," "may," "could" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations. These factors include, among other things, competitive product and service development, the ability to fully develop American Mold Guard's (the "Company") surface infection control services, future broad market acceptance of mold and hospital acquired infection prevention services, difficulties in raising additional capital in the future, difficulties and delays in establishing the "Mold Guard" brand, the impact of the absence of significant proprietary technology underlying the Company's services, a continued and long-term dependence on a limited number of customers, changes to the inventory levels of the Company's raw materials suppliers, the impact of a continued absence of exclusive or long-term commitments from the Company's customers, changes in the anticipated size or trends of the markets in which the Company competes, judicial decisions and governmental laws and regulations, and changes in general economic conditions in the markets in which the Company may compete. For further details and a discussion of these and other risks and uncertainties, see the Company's periodic reports including current reports on Form 8-K, quarterly reports on Form 10-QSB and the annual report on Form 10-KSB, furnished to and filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.