LAS VEGAS, NV, Sep. 21, 2004 (MARKET WIRE via COMTEX) -- Structures USA Inc., (OTC: STUS) on the stock exchange and a Nevada Corporation with several new construction technologies aimed at affordable housing, has entered into discussions with several of Central America's largest construction companies. A group of the largest builders in Colombia, Honduras and El Salvador are to visit the Las Vegas facility in the next few weeks to see the new developments in low-cost, mass-production technologies developed by Structures. Central American countries have a need for hundreds of thousands of immediate houses, according to Global Housing Resources.
About Structures:
The company has invented a new type of lightweight concrete called GigaCrete that is cast into forms to make liftable panels. The panels are rapidly assembled to make buildings of all types including affordable housing. GigaCrete uses waste ash and other fillers found locally to create a pourable, castable material that looks and feels like concrete but is a fraction of the weight. The panels are connected together rapidly, forming walls, floors and roofs. A small house can be erected in hours or days with supervised unskilled labor. The cost savings are enormous, and the GigaCrete houses are totally fireproof, hurricane and earthquake resistant, insect proof and very safe.
Andrew Dennis, President and Founder of Structures, says, "One of the biggest markets in the world is low-cost housing, and many U.S. firms have stayed clear of this because they just cannot compete using our typical way of building. Structures have created something that takes their country's waste materials such as power plant ash, sawmill wastes or agricultural waste, and we have turned it into a concrete-like composite. These materials are often free and in great abundance and we even save space in the local the landfills. We are an environmentally conscious company; we don't cut down trees and will only use sawdust if it is destined to be burned or buried."
Structures have invented several products, including Stuccomax, a single-coat bullet resistant stucco that has a compressive strength of over 8,000 psi exceeding even conventional concrete. Stuccomax feels like a ceramic coating on a house and does not shrink or crack like conventional stucco. Central America has used stucco and adobe finishes for hundreds of years, and Structures sees this as a potentially enormous marketplace for each of their products.
For further information please refer to the company website. www.structuresusa.com
E-mail andrew@structuresusa.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital. Receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update information contained in any forward-looking statement.
Contact:
Andrew Dennis
Structures USA Inc.
702-651-6161
andrew@structuresusa.com
SOURCE: Structures USA Inc.
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