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Interact Holdings Group, Inc. Enters Discussions to Open Factory to Produce Expanded Polystyrene (EPS) Foam Products

Tue. December 09, 2008; Posted: 01:09 PM
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ATLANTA, Dec 09, 2008 /PRNewswire-FirstCall via COMTEX/ -- IHGR | Quote | Chart | News | PowerRating -- Interact Holdings Group, Inc. (Pink Sheets: IHGR | Quote | Chart | News | PowerRating) announced today it has entered discussions to be involved in the opening of a factory which would produce Expanded Polystyrene (EPS) Foam products.

The proposed factory would produce products based on Expanded Polystyrene (EPS) Foam. The initial product line would be concrete reinforced EPS foam wall panels for residential and commercial construction. These walls produce a higher level of insulation in the same amount of space as a traditional block or cement foundation. The EPS foam walls produce 1 "R" insulation value for every 36 millimeters compared to 1 "R" insulation value for every 1240 millimeters of concrete.

"The afore-mentioned announcement is in keeping with our mandate for Green Living Initiatives, which Interact Holdings Group, Inc. can use to expand its portfolio. We are building a strong corporate infrastructure that pushes the Four (4) R's to our partners and affiliates, (Reduce Carbon Footprint, Reuse Building Materials, Recycle Waste Products and Respect the Earths EcoSystem). We at Interact Holdings Group, Inc. will continue to investigate opportunities that will allow us to grow our Recurring Revenue Stream Portfolio. The EPS (Expanded Polystyrene Foam) Product line is just the first of what we hope will be one of many Sustainable Products that is associated with Interact Holdings Group, Inc."

For more information about Interact Holdings Group, Inc., visit http://www.interactholdings.com . Interact Holdings Group, Inc. is the exclusive US distributor of LUUMS International's LED product lines. For more information about LUUMS International, visit http://www.LUUMS.eu .

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Interact Holdings Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

SOURCE Interact Holdings Group, Inc.

http://www.interactholdings.com

For full details for IHGR click here.

    


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