Greenstone Appoints Second GreenShield Distributor
18 minutes ago - Market Wire
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GSHN 0.0013 85.71%
As of 1:39 PM ET 4/21/08
Greenstone Holdings, Inc. (PINKSHEETS: GSHN) announced today that the Company appointed ECO Solutions Inc. a distributor for the GreenShield(TM) product line. Greenstone will supply Greenstone's protective chemical product, GreenShield(TM) to ECO Solutions on a non-exclusive basis for distribution to dealers and large end-users. ECO Solutions Inc. is an affiliate of ECORail Products Inc., the company who has an exclusive agreement for GreenShield process to be used on railroad wood products such as crossties, bridge members and railcar flooring and decking. ECO Solution's territory covers the states of Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, New York, Ohio, Pennsylvania, Virginia and Wisconsin.
ECO Solutions President & CEO B. Allen Brown stated, "We are extremely excited about the GreenShield product line and look forward to introducing it into the territories assigned by Greenstone. We have already experienced a high level of interest from the potential users we have already contacted."
About Greenstone Holdings, Inc.
(www.egreenstone.com) Greenstone(R) 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 "green" solution to protect wood-based building materials such as lumber, logs, plywood, drywall, railroad ties, fencing, and utility poles from destructive environmental elements. It also offers added fire retardancy to the material it is applied to. The $25 billion water damage market is just one example of the perfect niche for GreenShield. Greenstone also exclusively distributes Green-Dri(TM), a revolutionary biological dry kiln for drying wood, Permeate(TM), a very unique anti-corrosion sealer paint for metal, concrete, and other construction materials, MagneLine(R), a very strong polymer cement mortar used to reinforce and/or repair metal and concrete structures such as bridges and highways, and Crystal-Guard(TM), an innovative chemical to make asbestos harmless and recyclable.
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.
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