Innovate Continues to Grow by Landing $8.8 Million Dollar Contract with Major Multi-National Oil Company
2014年6月10日 - 10:00PM
ビジネスワイヤ（英語）
Innovate Building Systems, Inc. (OTCBB:INBD) (the ”Company”)
announced the acquisition of a major manufacturer of modular
building systems located in Alberta hereinafter referred to as
Innovate. Innovate would like to announce that it has entered into
an $8.8 million dollar contract to build a 150 man camp for a major
multi-national oil company. The plant will be installed at Norman
Wells, North West Territories, in Canada.
This camp is one of many contracted to Innovate since 2011 by
major oil and gas companies to provide their employees with state
of the art accommodations and camp facilities. Due to Innovate’s
modern, cutting edge design and construction facilities, Innovate
continues to provide quality, unique, stylish modular units with
features such as en-suite living quarters and ultra-functional
recreational facilities.
Kevin Grady, Innovate’s President and CEO stated that: “This
contract with another major oil and gas company is significant in
that it reaffirms our position as a major supplier of up-scale
modular building systems to northern Canada’s booming oil and gas
industry.”
About Innovate
Innovate was incorporated in 2011 to provide services to niche
markets in the modular building systems sector. Their sales have
grown steadily since then. With the opportunity to now expand into
their new 95,000 square foot state of the art Vegreville plant
located east of Edmonton, Innovate is now positioned to capitalize
on its successful marketing and extensive industry network. With
active quotes in excess of $100 million for a number of projects
including apartment buildings, camp lodges, hotels, office units,
and accommodation complexes for the resource industry, Innovate is
positioned to continue to grow rapidly.
For further information about Innovate please call us at 587
773-7733 or visit the company web site at
www.get-innovate.com
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements relate to future events or to future
financial performance and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance,
or achievements expressed or implied by these forward-looking
statements. In some cases, you can identify forward-looking
statements by the use of words such as "may," "could," "expect,"
"intend," "plan," "seek," "anticipate," "believe," "estimate,"
"predict," "potential," or "continue," or the negative of these
terms or other comparable terminology. You should not place undue
reliance on forward-looking statements because they involve known
and unknown risks, uncertainties and other factors that are, in
some cases, beyond our control and that could materially affect
actual results, levels of activity, performance, or
achievements.
Other factors that could materially affect actual results,
levels of activity, performance or achievements can be found in
INBD's Annual Report on Form 10-K for the fiscal year ended
December 31, 2013 filed with the Securities and Exchange Commission
("SEC") and in quarterly reports on Form 10-Q and current reports
on Form 8-K filed with the SEC, and may also include the risks and
uncertainties associated with a failure to consummate or a delay in
the consummation of the proposed transaction, including as a result
of a failure to satisfy the conditions to closing in a timely
manner or at all. If any of these risks or uncertainties
materialize, or if our underlying assumptions prove to be
incorrect, actual results may vary significantly from what INBD
projected. Any forward-looking statement in this release reflects
INBD’s current views with respect to future events and is subject
to these and other risks, uncertainties and assumptions relating to
INBD's operations, results of operations, growth strategy and
liquidity. INBD assumes no obligation to publicly update or revise
these forward-looking statements for any reason, whether as a
result of new information, future events, or otherwise, except as
required by law.
Innovate Building Systems, Inc.Rick Carl, 587-773-7733
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