BURNABY, British Columbia, Jan. 30, 2007 (PRIME NEWSWIRE) -- American Insulock Inc. (the "Company") (Pink Sheets:AILKF) (CNQ:AIKI.U) is pleased to announce the Home and Garden Show that was held in Phoenix was a great success. We carefully showcased the Insulock blocks in order to make the best presentation possible. Our efforts were rewarded with many hundreds of visitors. The response was tremendous.
As a result of the Home Show activities, we have had quite a few "walk in" customers at the Mesa facility. These customers range from experienced general contractors to home owners. Several customers have bought blocks and took them with them for some jobs.
As a result of the Home Show, Insulock provided blocks for a re-model in West Phoenix that started immediately after the show. We also are working with several other new clients to help them include the Insulock blocks in their construction of new homes, garages, second stories, and workshops.
At the Home Show we met many building contractors. Several of these are interested in the Insulock molding equipment and we have begun negotiations with them, regarding purchase of our unique machinery.
Many valuable contacts were made at the Home Show with interest in building, re-modeling, and investing in Insulock. We are currently following up with contacts made at the Home Show. We anticipate these new prospects will make for an exciting and productive 2007 for the company.
We will in due course release follow ups as they occur.
The Company's core business is the manufacture and distribution of its brand of insulating concrete forms (known as INSULOCK(r) Blocks), together with the equipment that is used to manufacture these blocks. INSULOCK(r) Blocks are made of polyurethane rather than polystyrene (i.e., Styrofoam(r)), which is the material that is used by virtually every other manufacturer of insulating concrete forms. INSULOCK(r) Blocks are much stronger than polystyrene blocks and can be used to construct soundwalls and buildings that are highly effective at absorbing sound and that have an R-30 or R-38 heat insulating value.
On Behalf of the Board of Directors, American Insulock Inc. Per: "Enna Keller" Chief Executive Officer and Director
Canadian Trading and Quotation Systems Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Forward Looking Statements
Certain information set forth in this press release, including a discussion of future plans and operations, contains forward looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources, as well as risks inherent in operating in foreign jurisdictions, including varying judicial or administrative guidance on interpreting rules and regulations and a higher degree of discretion on the part of governmental authorities. Actual results, performance or achievement could differ materially from those expressed in or implied by these forward-looking statements.