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Thursday, 07/17/2003 8:25:45 AM

Thursday, July 17, 2003 8:25:45 AM

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NEWS - !! ... LEEP (Pink) Leading Edge Earth Products Receives Patent
Thursday July 17, 7:46 am ET
CHICAGO, July 17 /PRNewswire-FirstCall/ -- Leading Edge Earth Products, Inc. (LEEP, Inc.), (Pink Sheets: LEEP - News) announced today that the U.S. Patent Office has issued Patent Number US 6,584,740 B2 for the company's Frameless Building System for exclusive use by LEEP, Inc. for seventeen years. The Abstract and complete Patent may be viewed by visiting http://www.leepinc.com/Patents.html.
This patent issuance combined with six other patents issued between 1996 and the present, completes an 11-year, $500,000 process to protect LEEP, Inc.'s technology in the United States. This patent was filed in 2002 in 16 other countries with the objective of obtaining patent protection for approximately 90% of the world's population.
Upon the anticipated August closing of its $26.4 million dollar Structured Funding, LEEP will be able to bring its "Revolutionary" patented LeepCore(TM) building product to the market. A 2003 designed LeepCore Universal Classroom meets all building codes in the U.S. for seismic, fire and wind resistance. Additionally, it is insect, water and mold resistant, highly insulated and lightweight. The initial target market is modular classroom manufacturers. The Los Angeles Times in an article dated November 27, 2002, stated that the Florida state constitutional amendment to reduce class size won voter approval in the November 5, 2002 election. According to the article, "Estimates for how much it will cost to bring Florida's public schools into conformity during the next eight-year phase, range from $8 to $27.5 billion. Up to 29,000 new classrooms will be needed." The California classroom market is approximately the size of the Florida market. LEEP plans to penetrate both Florida and California classroom markets with its Universal LeepCore Classroom because it is both cost and performance effective.



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