Hollund Industrial Marine to See Potential Revenues From North Cal
December 06 2013 - 11:22AM
Marketwired
Hollund Industrial Marine to See Potential Revenues From North Cal
BLAINE, WA--(Marketwired - Dec 6, 2013) - Hollund
Industrial Marine, Inc. (OTC Pink: HIMR) ("Hollund" or the
"Company") (www.hollundindustrial.com), an underwater forest
management company, announced yesterday, Thursday, December 5,
2013, the Company secured upwards of $1,000,000 in purchase orders
for its underwater harvested tropical hardwoods. North Cal
Wood Products of Ukiah, CA ("North Cal") is amongst the companies
placing purchase orders contributing to some of the Company's first
anticipated sales in addition to those being secured or procured by
our senior partner at Lake Bayano.
Purchase orders of Ipe, Cumaru, Tigerwood, and Balsamo from
North Cal, coincide with the planned start up of underwater timber
recovery operations at Panama's Bayano Lake in January of
2014. Hollund reports North Cal Wood Products has requested
wood samples to distribute to high profile clients in the San
Francisco Bay area. The Company expects to begin fulfillment
of North Cal's order in Q1 of 2014.
"We are delighted by North Cal's commitment to creating a sales
and distribution network for our Bayano Lake hardwoods," stated
Peter Meier, President of Hollund. "As a strategic partner,
North Cal Wood Products will enable us to penetrate lucrative green
building markets in the United States, where North Cal has built
relationships with award-winning architects, designers, and
builders across the country. We are eagerly looking forward to
working closely with their management and sales staff to educate
their clients on our product advantages and generate sales."
"North Cal Wood Products is proud to be a distributor for
Hollund," stated Frank Van Vranken, President of North Cal. "Our
confidence in the quality of underwater wood comes from our years
of experience working with this unique material. While most of
our competitors cut living trees from the forest, North Cal's core
business is based on wood reclamation, recycling, and
remanufacturing. The sales and management staff of North Cal
recognize the value of the promotional tool being afforded to us by
Hollund's underwater harvested hardwoods. We are truly excited to
possess such a powerful marketing advantage and look forward to
receiving shipment as quickly as possible."
About Hollund Industrial Marine, Inc.
Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (OTC
Pink: HIMR) seeks to align the interests of businesses,
communities, utilities and governments by offering an integrated
business model for underwater forest management. Hollund's model --
including resource and needs assessment, permitting, environmental
and project planning, logging, milling, product branding and sales
-- adds value for our shareholders, our partners and reservoir
based communities.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
(the "ACT"). In particular, when used in the preceding discussion,
the words "estimated," "believe," "optimistic," "expect," and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the ACT and are
subject to risks and uncertainties, and actual results could differ
materially from those expressed in forward-looking statements. Such
risks and uncertainties include, but are not limited to,
unfavorable market conditions, increased competition, limited
working capital, and failure to implement business strategies,
actions by regulatory agencies, and other risks.
Related Links:
http://finance.yahoo.com/news/hollund-industrial-marine-secures-upwards-133300068.html;_ylt=A2KJ3CdKQKFSIxoAOB2TmYlQ
http://finance.yahoo.com/news/hollund-industrial-marine-announces-partnership-220827285.html
For investor relations: Hollund Industrial Marine, Inc.
ir@hollundindustrial.com (707) 659-6631
info@hollundindustrial.com
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