LEEP, Inc. Appoints New Chief Executive Officer
March 12 2007 - 6:58PM
PR Newswire (US)
MONTOURSVILLE, Penn., March 12 /PRNewswire-FirstCall/ -- LEEP,
Inc., (OTC:LPPI), announced today that they have appointed John H.
Nordstrom as the Company's new Chief Executive Officer. Mr.
Nordstrom is responsible for launching new strategic, financial and
corporate directives for LEEP, Inc. and will lead the company in
expanding sales, operations and financing. Mr. Nordstrom has also
been appointed a member of the Board of Directors. Mr. Nordstrom
brings to his new position a significant background in corporate
management, finance, real estate development and construction
management. He has spent over 20 years as the Chief Executive
Officer of a variety of companies. Most recently, Mr. Nordstrom was
the Chief Executive Officer of Energy Dynamics, Inc., an energy
service, construction management and consulting company, which he
developed into a successful, diversified company. "We are very
fortunate to have an executive the caliber of Mr. Nordstrom joining
LEEP," said Dennis Schrage, Chairman of the Board of Directors.
"Grant Record, who founded LEEP, has resigned his management
position as CEO and submitted his request for retirement. The
appointment of Mr. Nordstrom as the new CEO together with the new
management directives are very positive events that are bringing a
new energy and focus for the future of LEEP." THE COMPANY LEEP,
Inc. is a publicly held manufacturer of LeepCore(TM) Structural
Panels. LeepCore is a lightweight structural building material that
is fire, mold, water, dry rot, corrosion, and termite resistant.
The product offers advanced benefits, including: cost-effective
design and reduced timeframes to construct floors, roofs and
frameless, load-bearing, freestanding walls. The product supports
hurricane force 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. For more
information visit http://www.leepinc.com/ . FORWARD-LOOKING
STATEMENTS: This press release may contain forward-looking
statements regarding future events that involve risks and
uncertainties that could cause actual results to differ materially.
The Company assumes no obligation to update forward-looking
information to reflect actual results, changes in assumptions or
changes in other factors affecting forward-looking information. We
refer you to the documents that LEEP, Inc. files from time to time
with the Securities and Exchange Commission which contain
additional important factors that could cause its actual results to
differ from its current expectations and from the forward-looking
statements contained in this press release. DISCLAIMER: The Company
is late in its SEC filings. Management is in the process of
bringing the Company's SEC reporting status current. DATASOURCE:
LEEP, Inc. CONTACT: Media and Customer Relations, Adam Dubitsky of
LEEP, Inc., +1-202-652-2250, Web site: http://www.leepinc.com/
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