SAN JUAN CAPISTRANO, Calif., Jan. 29, 2008 (PRIME NEWSWIRE) -- American Mold Guard, Inc. (Nasdaq:AMGI), a provider of structural decontamination and protective coatings, announced that it has received a $300,000 order for its "Trinity" process from a nationally recognized construction company. The "Trinity" process provides a comprehensive service platform involving inspection, correction and protection to manage water-related problems that can cause mold contamination. Work on the recently received contract is expected to begin in the Spring of 2008.
"Since announcing the company's expanded service capability in late December 2007 we have received over $600,000 in new orders associated with the Trinity process," said Mark Davidson, Chief Executive Officer of American Mold Guard. "We believe that our process of identifying, correcting and protecting buildings from mold and water damage is superior to the traditional costly and independently segmented methods prevalent in the industry today and our goal is to become more of a comprehensive partner to owners, developers and property managers to help diagnose and solve their indoor environmental concerns," concluded Mr. Davidson.
About AMGI:
American Mold Guard, Inc. (Nasdaq:AMGI), founded in 2002, is a provider of structural decontamination and protective coating treatments and offers a complete range of services including building and diagnostic assessment and inspections, indoor air quality testing, complete mold decontamination and a series of preventive maintenance programs plus water intrusion emergency response. Services are available in new construction and occupied phases of multi-family and commercial buildings. Visit: www.amgicorp.com.
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 Inc.'s (the "Company") surface infection control services, future broad market acceptance of mold 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.