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Monday, May 02, 2011 8:21:08 AM
$MSMY - MC Endeavors Announces MOU with Seismic Foundation Control for Earthquake Resistant Base Isolator Technology:
Seismic vibration-dampening systems complete the protection of MCE’s Lamisteel residential and small commercial buildings from earthquake damage at an economical cost.
Press Release Source: MC Endeavors, Inc. On Monday May 2, 2011, 8:10 am
http://finance.yahoo.com/news/MC-Endeavors-Announces-MOU-bw-363249604.html?x=0&.v=1
SUNDANCE, Wyo.--(BUSINESS WIRE)-- MC Endeavors, Inc. (PinkSheets: MSMY) announced it has signed a Memorandum of Understanding for the proposed acquisition Seismic Foundation Control, Inc. of Edmonds, WA that would bring in-house a key element to complete the earthquake protection of MCE’s Lamisteel residential and small commercial buildings. The patented factory built base isolator named “Quake Guard” features a three-part system consisting of a ball and socket casing and an elastomeric pad of rubber and steel plates vulcanized together with a steel frame on which the building's steel floor frame is attached.
John Armstrong, President of Seismic Foundation Control, stated that, “A building and its contents supported by these units will experience substantially reduced shaking and damage in the event of an earthquake. These foundations are superior to any other foundation for use on compressive or expansive soils such as adobe, clay or bay mud, which create stress and movement in traditional concrete footings and foundations. Preliminary testing of a 2-story 15 foot by 10 foot building has shown to have no ill-effects after being placed on a shaker-table for simulating the Sylmar and El Centro earthquakes.”
Tim Algier, Architect and CEO of MC Endeavors stated that, “The Quake Guard base isolators are very economically designed and will play a key role in the foundation engineering for the reconstruction efforts to rebuild cities and communities within the earthquake ravaged countries of Haiti, Chile, New Zealand, China, and Japan.
The estimate to rebuild these countries now tops $600 Billion and they require new technologies that are both economical and time-sensitive. Homeless survivors need to have their communities rebuilt, but they must have confidence that the new buildings can withstand the aftershocks and future earthquakes.”
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