SPRING VALLEY, Calif., April 8, 2010 (GLOBE NEWSWIRE) -- Eco Global Corporation (OTCBB:ECOG) announced that just after two weeks of the introduction of its Flex-D House Design, Eco Global has received a Letter of Intent for 700 Kit Houses to be delivered this year to Dixie Homes S.A. de C.V. of Baja California. Under the Letter of Intent, Dixie Homes will have a one year exclusive agreement to represent Eco Global in the sale of the INCABLOCK™ CONSTRUCTION SYSTEM and the Flex-D Kits. Over the last few days, this has become even more important because of the earthquake damage in the Mexicali area, creating an immediate need for many of the homes lost.
Eco Global projects the size of these first kits will range in size from 70 to 100 square meters each. By using the INCABLOCK™ CONSTRUCTION SYSTEM, the construction and development industries will be able to provide high quality housing at a lower cost per unit due to their ability to use more unskilled labor for the INCABLOCK™. The system allows construction at a higher speed and can expect a savings that may reach over 15% in the wall system alone. Developers that build large quantities can benefit substantially from these savings. Additionally, the system allows the users to ship an entire house or building in a KIT format since the modular system allows for each block to be placed on a specific place according to plans. This includes the ability to deliver either a plumbing wall or blocks incorporated with electrical boxes, saving a portion of plumber and electrician cost since the assembler can place the conduits in the designated place according to plans.
About Eco Global Corporation
To exemplify the practicality of INCABLOCK™-based housing, Eco Global has built several model homes in varying configurations for the Mexican market and government programs. This effort has positioned the company to finalize an agreement calling for the building of a large number of affordable INCABLOCK™ homes in Mexico. To facilitate large low cost developments, Eco Global has created a turnkey program that includes all the elements needed for a successful operation anywhere in the world: the licensing for manufacturing INCABLOCKS on site, all the necessary equipment and complete set up procedures, specification software, factory training, and on-call field support. Under the right circumstances, Eco Global will also consider joint venture partnerships with developers.
In addition to the United States, Mexico, and Canada, Eco Global has qualified serious interest in developing major projects by private and governmental concerns in Qatar, Jordan, Haiti, Brazil, Peru, Costa Rica, Panama, Venezuela, Spain, Iraq, UAE, Saudi Arabia, Libya, Ukraine, Russia, Mongolia, and more to be announced soon. These countries, and countless others, are facing huge deficits in available housing.
More information can be found on the Eco Global web sites "www.ecoglobalcorp.com/">www.ecoglobalcorp.com" or "www.incablock.com/">www.incablock.com." Contact number is 619-550-2396. Product samples are available and may be shipped worldwide to qualified recipients.
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