MELBOURNE, Fla., May 14, 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 structures, today announced the contract between New Century Structures, Inc., a subsidiary of ABCC, for Phase I of The Crenshaw School of Performing Arts, Inc (www.crenshawschool.com). The contract includes $5.5M for the first of three buildings with the remainder cost associated with site development.
Joe Sorci, CEO and Chairman, stated, "Currently the design is considered 85% complete. The Company looks forward to starting this upcoming project."
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.
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