LeepCore Structural Classroom Buildings Are Completed as Students Start the New School Year
August 30 2005 - 8:40AM
PR Newswire (US)
MONTOURSVILLE, Pa., Aug. 30 /PRNewswire-FirstCall/ -- LEEP, Inc.
(OTC:LPPI) announced today that as the school year opened in Baker
County, Florida, many students entered new LeepCore(TM) classrooms.
Sixteen new LeepCore(TM) classrooms were completed in mid-August
and ready as students filed in and took their seats. An additional
twenty-four classrooms are nearing completion over the next few
weeks at the Baker County complex. New construction with
LeepCore(TM) totals five buildings that house forty classrooms with
integral teacher's facilities. The complex will accommodate more
than 500 students. These LeepCore(TM) structural classroom
buildings represent a new level of classroom solutions that are
based on the features and unique attributes of LeepCore. With the
advent of LeepCore(TM), these classroom buildings are fire, mold,
water, dry rot, termite and wind resistant and provide new levels
of energy efficiency. Immediate response to the new LeepCore(TM)
classrooms from students, teachers and school administrators is
extremely positive. Observations related to LeepCore(TM) include
more quiet classrooms and overall quality of construction. Everyone
associated with the construction of these new classrooms is
impressed with how quickly these buildings were completed using
LeepCore(TM). The first two buildings were finished, with kids in
the classrooms, in the fifth month after the foundations were
poured. LEEP, Inc. management stated that Baker County is just the
beginning. There has been a steady stream of representatives coming
from other school districts that are expressing high levels of
interest in adding LeepCore(TM) buildings to their facility plans.
The Company's Montoursville, PA factory is producing and shipping
LeepCore(TM) structural panels to Florida to support the emerging
classroom market. At the same time, LEEP, Inc. is completing its
real estate review and building plans for the Company's planned new
high-speed, twenty-five million square feet a year, LeepCore(TM)
manufacturing plant in Florida. The company plans to break ground
later this year, as it wraps up the final details of a full funding
package to launch the new factory. THE COMPANY LEEP is a publicly
held manufacturer of LeepCore(TM) Structural Panels. The product
offers advanced benefits, including: cost-effective design and
reduced timeframes to construct floors, roofs and frameless,
load-bearing, free-standing walls. LeepCore(TM) is a lightweight
structural building material that is fire, mold, water, dry rot,
corrosion, and termite resistant. The product supports high-wind
and earthquake resistant building designs and standards.
Additionally, thermal insulation properties exceed building
industry standards. Target markets for LeepCore(TM) include:
site-built and modular classrooms, commercial buildings and housing
projects. The level to which the Company can penetrate these
markets will depend on its success in financing the Company's first
high-volume manufacturing plant. DISCLAIMER The Company is late in
its SEC filings. Management is in the process of bringing the
Company's SEC reporting status current. FORWARD-LOOKING STATEMENTS
This Press Release contains certain forward-looking statements
within the meaning of the Securities Act of 1933 as amended. Actual
results may differ materially. Factors that might cause such
differences include unforeseen events like not closing the
company's planned financings and other factors discussed in the
company's filings with the Securities Exchange Commission.
CONTACTS: The Keating Group, Dick Keating: 206-780-9458 John
Williams, Aberdeen Capital: 888-701-5511 Grant Record, LEEP CEO:
This release was issued through eReleases(TM). For more
information, visit http://www.ereleases.com/. DATASOURCE: LEEP,
Inc. CONTACT: The Keating Group, Dick Keating, +1-206-780-9458, or
John Williams, Aberdeen Capital, +1-888-701-5511, or Grant Record,
LEEP CEO,
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