SAN JUAN CAPISTRANO, Calif., March 4, 2008 (PRIME NEWSWIRE) -- American Mold Guard, Inc. (Nasdaq:AMGI), a provider of structural decontamination and protective coating services to multi-family and commercial buildings, announced today that it has recently signed agreements in Southern California to provide its structural decontamination and protective coating services to multiple educational facilities. American Mold Guard's mold remediation and protective coating products and services benefit educational institutions by protecting structures against mold and mildew growth, as well as ensuring a healthy environment. The contracts are valued at approximately $130,000 and work has already commenced on the projects.
"By combining our protective coating experience with recently acquired proprietary mold remediation products, we believe that we offer these local institutions protection that can ensure healthy indoor air quality while protecting the buildings from contamination that might result in the loss of use of the facility," said Robert Bayer, Vice President of Sales for American Mold Guard. "We believe we are creating a new standard for indoor air quality management with our Trinity line of services," concluded Mr. Bayer.
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 the Company's 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 Company's 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.