VISTA, Calif., June 7, 2010 (GLOBE NEWSWIRE) -- EcoBlu Products, Inc. (OTCBB:ECOB) announced today that it is working with the Welco Lumber Corporation of Vancouver British Columbia, Canada on developing a shipping program of EcoBlu's BLUWOOD™ coated lumber into the Asian market. Welco Lumber and EcoBlu Products, Inc. have met jointly with a large Japanese builder, producing 400 homes per month, last week and are scheduled to meet next week in British Columbia with a Korean lumber company.
Welco Lumber has been supplying building materials to the Japanese market for some time but has recently made the decision to introduce EcoBlu's BLUWOOD™ technology to be able to offer the Japanese market protection from mold, rot, decay and termites, and provide a higher quality home.
"Welco Lumber will be a strong partner for EcoBlu in the Asian markets. With their vast international experience in many markets, we know Welco will do a great job promoting BLUWOOD™technology in Japan," said Steve Conboy, President and CEO of EcoBlu Products. "Our Canadian affiliate Luxor Industrial Corporation will be providing the coating services for Welco's lumber," added Conboy.
Japan imports approximately 20,000 containers of Canadian SPF (Spruce-Pine-Fir) lumber per year. Additionally, Japan is the largest importer of softwood logs and lumber in the world, and the Asia-Pacific region is the second-largest export market for Canadian lumber, with Japan by far the leading market in the region.
For information about Welco Lumber Corporation visit: www.welcolumber.com
About EcoBlu Products, Inc.
EcoBlu Products, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, fungus, rot-decay, wood ingesting insects, termites and fire with EcoBlu's FRC™ technology (Fire Retardant Coating). EcoBlu products utilizing BLUWOOD™ and FRC™ technology is the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings.
About Welco Lumber Corporation
Welco Lumber Corp. is a privately held, employee-owned company incorporated in British Columbia in 1983. Welco Lumber Corp. is a worldwide distributor of forest products and related building materials. The Company has focused on bringing quality products from various primary and secondary manufacturers to selected markets throughout Canada and the United States, and for export internationally.
In Welco's continuing efforts to meet and exceed both suppliers and customers' service expectations, the Company has worked hard to develop a winning combination; the right people, a commitment to service, and the right products delivered at an affordable price.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of EcoBlu Products, Inc. common stock and the ability to obtain the necessary financing.