MONTOURSVILLE, Pa., May 31 /PRNewswire-FirstCall/ -- LEEP, Inc. (OTC:LPPI), announced today that manufactured LeepCore panel inventories in its Pennsylvania and Florida warehouses have reached the 350,000 square feet level. LEEP has maintained a constant weekly production schedule at its Montoursville, Pennsylvania plant. The stockpile of LeepCore panels has been instrumental in supporting new market strategies for the Company to develop selected high-volume customers that require larger quantities of LeepCore panels. LEEP management stated that during the last part of 2005, the aftermath of hurricane Katrina created large new markets for the application of LeepCore. The Gulf Coast hurricanes of 2005 came on the heels of sharp price increases in lumber, steel & concrete and hurricane damage pushed those prices even higher. Upward spiraling building material and labor prices combined with sharp increases in the need for building affordable, hurricane- and flood- resistant housing on the Gulf Coast has opened the door for LeepCore construction. LEEP was fortunate to have just completed a five-building LeepCore-based classroom campus in Florida (announced August 30, 2005). The Florida classroom campus became the technology validation showcase to support entry into large niche markets. Toward the end of last year, LEEP chose to reduce marketing efforts in the Florida classroom market in favor of building inventories to support specific larger niche market opportunities. LEEP is developing one customer relationship that is preparing to build LeepCore-based Affordable Housing in Mississippi and another customer that is preparing to go into production of a Re-locatable Building for specific government agencies. Intermediate-term projections call for 450 LeepCore- based Affordable Housing units in Mississippi and, prospectively, LeepCore material to support more than 100 Re-locatable buildings for sale to government agencies. LEEP plans to solidify large, ongoing orders from both new customers. 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, freestanding 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 and provide 100% to 300% higher energy efficiency than is possible with traditional frame construction. Target markets for LeepCore include: factory built, modular and panelized residential, commercial and public buildings. The level to which the Company can penetrate these markets depends on implementing 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 and 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: Dick Keating, The Keating Group, +1-206-780-9458, or John Williams, Aberdeen Capital, +1-888-701-5511, or Grant Record, LEEP CEO,

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