RENO, Nev., March 8, 2007 (PRIME NEWSWIRE) -- eHolding Technologies, Inc. (Pink Sheets:EHDT) reported today that it is in the process of reviewing locations in and around Dothan, Alabama to establish a manufacturing facility for the company's Structural Insulated Panels (SIPs). In wake of the recent devastating tornadoes, the company has been collaborating with Cornerstone Energy Efficient Homes (CEEH) of Dothan, Alabama and other builders and developers in the area who are assisting in the rebuilding of homes. On March 1, more than 30 tornadoes killed at least 20 people across the Midwest and Southeast damaging or destroying over 370 homes. Currently CEEH has orders to build between 150 and 200 homes in the area.
"Interest in our technology has been growing. SIP technology provides superior construction solutions for construction projects in areas where the potential for severe weather exists. SIP structures can withstand hurricane winds of 200 mph, and absorb earthquakes in excess of 5.0 points on the Richter scale, so it makes tremendous sense to rebuild the damage homes in this area with our SIP building technology," said eHolding Technologies CEO, Doug Hamby.
eHolding Technologies, Inc., is a publicly traded company (Pink Sheets:EHDT). The company recently reported that it has decided to focus all its efforts in the Gulf States because of the material disasters which are occurring year after year. The company will focus on supplying contractors and builders with the materials to rebuild with Structural Insulated Panels (SIPs) for light industrial and home construction.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.