LEEP, Inc. Announces European Order
March 23 2010 - 1:10PM
Business Wire
LEEP, Inc. (Pink Sheets: LPPI), announced today that the company
has received a Purchase Order from a Germany based company to
produce and deliver up to 150 mail screening facility units over
the next four years, valued at approximately $6,000,000.00. The
company originally designed and engineered its patented LeepCoreTM
Structural Insulated Panel into self-contained Mail Screening
Facility Buildings for use by the U.S. Federal Government to screen
mail and packages for bio-terroristic materials, such as anthrax,
explosives, and other hazardous materials and devices, prior to the
mail being delivered inside U.S. Government buildings in foreign
countries. LEEP, Inc. has been manufacturing these units since 2008
for government contractors, and through a sole source agreement
between the U.S. Department of State and LEEP, Inc., and has
shipped them to multiple locations in Europe, the Middle East,
South America, Africa, Canada, and Mexico. A company spokesman
stated, “This order provides additional exposure and visibility for
our products on the world stage, and further supports the
credibility of LeepCoreTM as a value added building material. We
have received a release of the first seventeen units of this order,
which will be produced and shipped in the coming weeks and months.
The R-25/29 insulation value of our panels, combined with its
superior strength and versatility of use, is attracting significant
attention for a variety of uses from both governments and private
enterprise. These facilities provide a valuable public service by
protecting U.S. citizens and others from potentially dangerous
terroristic mail related threats. The company anticipates
additional orders for these facilities from other sources. LEEP,
Inc. also continues to advance its initiatives to provide permanent
housing and infrastructure solutions for disaster torn countries,
as well as disaster preparedness solutions for our own country. We
look to expand this segment of our business, and utilize the
growing interest in, and awareness of, our products for use by
other government agencies, as well as humanitarian organizations
and private enterprise, as an integral part of our broader business
plan.”
For product and sales information, e-mail sales@leepinc.com, or
contact Tom Chuckel, 602-432-6378.
The "LEEP" name and logo, LeepCoreTM, trademarks, and service
marks are the property of LEEP, Inc.
FORWARD-LOOKING STATEMENTS:
This press release contains 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 not current in its SEC filings. Management is in the process of
bringing the Company’s SEC reporting status current.
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