MELBOURNE, Fla., Jan. 18, 2008 (PRIME NEWSWIRE) -- Alternative Construction Technologies, Inc. (OTCBB:ACCY) announced today that it has received official notification that the ACTech(r) Panel system, its "state of the art", galvanized steel structural insulated panel building materials; several of its application specific, turn-key, scalable, stackable, portable and versatile "green" modular buildings; and its construction contracting services division are now eligible to receive domestic and international contract awards through and from the General Services Administration (GSA) of the United States Government. ACCY answers the call for energy efficient, sustainable, "green", disaster resistant and simple-to-use or deploy materials and buildings because all of its offerings are capable of meeting any of the prominent "green" building standards including LEED (Leadership in Energy Efficient Design), BuildSmart of Florida Power & Light (NYSE:FPL), Florida Green Building Coalition and Energy Star.
The GSA serves as a centralized procurement and property management agency for the United States Federal Government. The GSA manages more than one-fourth of the government's total procurement dollars and influences the management of $500 billion in federal assets, including 8,600 government-owned or leased buildings and 208,000 vehicles. The GSA helps preserve our past and define our future as a steward of more than 425 historic properties. The GSA is also manager of the website: www.USA.gov, the official portal to federal government information and services. The GSA's mission to provide superior workplaces, expert technology solutions, acquisition services, purchasing and E-Gov travel solutions and management policies, at best value, allows federal agencies to focus on their core missions.
Under Executive Order 13423: "Strengthening Federal Environmental, Energy and Transportation Management" announced in January 2007, certain goals were set for federal agencies including an energy reduction of 3% annually through 2015 or 30% over the next 7 years (buildings account for 41% of all energy consumption). The progress is measured and monitored by the President and the Office of Management and Budget. Additionally, 19 Federal Agencies have signed a Memorandum of Understanding establishing a set of standards for creating, operating and maintaining high performance and sustainable government buildings. Pursuant to Section 1331 of the Energy Policy Act of 2005, an Energy-Efficient Commercial Buildings Tax Deduction was created and are now being considered for possible extension and increase. Twenty-three States have adopted similar policies or mandates.
"As far as we know," stated A.J. Francel, the Company COO, "there is no building material on the market with as many features and benefits or economic advantages as the ACTech(r) Panel system at any cost. It is for this reason we feel we are best positioned to serve Government needs and answer the call of these mandates and policies, whether they come from Federal, State or Commercial Enterprise, or just demanded by value oriented and environmentally conscious consumers."
The Company further added that the listing will include other subordinated schedules of access to government related contracts beneath the GSA. These schedules are typically more specific to an individual agency, department or organization. For example, the Department of Defense's Defense Logistics Agency, will also include the ACTech(r) Panel system. The World Health Organization and the Veterans Administration will also have listings. The ACtech(r) panel system can be delivered in a kit for site built applications or pre-built and delivered complete for modular or pre-engineered applications. The ACTech(r) Panel system will also be included under a new GSA Kitting Program. Kitting is a program that offers the end user a turn key product in combination with other technologies such as solar, for example. The kit must include two or more products.
Alternative Construction Technologies is now in the process of listing over 35 products including: the individual ACTech(r) Panel system and/or components; portable "green" barracks that sleep 10 and can be upgraded to bullet and/or explosion proof; portable, mini command centers; a wide range of classrooms and administrative buildings; FEMA compliant safe rooms; bathroom facilities; modular housing; and many more.
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.