GSHN Greenstone Introduces Permeate(TM) HS-200 Corrosion Protection Paint
Tuesday February 12, 8:30 am ET
NEW YORK, NY--(MARKET WIRE)--Feb 12, 2008 -- Greenstone Holdings, Inc. (Other OTC:GSHN.PK - News) introduced a new product line today, Permeate(TM) HS-200. Greenstone is the exclusive US agent for this product. Permeate(TM) HS-200 is a corrosion protection paint developed and manufactured by D&D Corporation in Japan. This product, an inorganic silicate sealer paint is a special chemical which enhances corrosion resistant coatings on metal surfaces such as galvanized coatings. Permeate HS-200 increases the life of the coated metal by decades. Our product can be used as paint and comes in many color choices. Permeate HS-200 offers high UV resistance will not fade for decades. It has been tested under extreme UV, humidity & dry cycle exposure conditions which was equivalent to a 15-year duration period, and color change was undetectable by the human eye. Permeate HS200 will keep away dirt and is also graffiti-resistant.
Sal Miwa, Chief Executive Officer of the Company, said, "Permeate HS-200 is ideal for metal structure paint applications such as bridges, power lines, towers, pipe lines, fuel and gas tanks, and offshore oil rigs, all of which are a part of 300 billion dollar anti-corrosion industry in this country. This is an important and large potential market for Greenstone."
About Greenstone Holdings, Inc.
(www.egreenstone.com) Greenstone® is in the business of providing a variety of unique chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, GreenShield(TM), offers a solution for environmental protection for wood-based building materials and others such as lumber, logs, plywood, drywall, railroad ties, fencing, and utility poles. It also offers added fire retardancy to the material it is applied to. The $25 billion water damage market is one example of many which GreenShield can find a niche in. Greenstone also exclusively distributes Green-Dri(TM), revolutionary biological dry kiln for drying wood, Permeate(TM), a very unique chemical sealer for metal, concrete, and other construction material, MagneLine®, a very strong polymer cement mortar to repair or reinforce metal and concrete structures such as bridges and highways, and Crystal-Guard(TM), an innovative chemical to make Asbestos safer and easier to dispose. (See our demo videos www.youtube.com/egreenstone)
Forward-Looking Statements:
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
Contact:
CONTACT:
Dominic Martinez
M&M Investor Relations
Toll Free 866-508-2092
Inquiry@egreenstone.com
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Source: Greenstone Holdings, Inc.
