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Nick Arroyo, President and CEO of Vault Technology, Inc., said, "Vault was approached with an opportunity to enter the explosive Green Industry. In that regard, the Board of Directors measured the current business model and made the decision to restructure the existing business model to the Green products industry, thus giving the shareholders a better potential return on their investment. We believe that the new business model has great potential with its focus on eco-friendly, sustainable products. The EcoBlu product line is impressive having made substantial inroads in the U.S. market. We feel we can leverage that success, along with our many years of experience in the region of responsibility."
About Vault Technology, Inc.
Vault Technology, Inc. is the exclusive distributor of proprietary wood products coated with a non-toxic eco-friendly chemistry that protects against mold, rot-decay, termites and value added fire for the Caribbean, Central and South American markets. The EcoBlu products can be used for all of the wood framing components used in a covered structure: the roof system, wall system and floor system. These covered structure components include structural lumber, sheathing, truss products, beams and trims, among others.
About EcoBlu Products, Inc.
EcoBlu Products, Inc. wholly-owned by N8 Concepts, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, rot-decay, termites and value added fire. EcoBlu 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.
The Company is committed to the development, marketing and sales of environmentally-responsible building materials. EcoBlu products are ready to deliver the winning edge to builders and the environment with its sustainable green product line.
Safe Harbor Statement
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "will," "expects," and other terms with similar meaning. Forward-looking statements are based on current beliefs, assumptions and expectations and speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. We assume no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.
CONTACT: Vault Technology, Inc. 4901 NW 17th Way, Suite 505 Fort Lauderdale, FL 33309 Phone: 954-492-9200 Fax: 954-492-9639 Email contact: Email Contact
SOURCE: Vault Technology, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=2DFF0DE4019BF119
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