December 10, 2008  
           

MODULAR HOME BUILDER HAS PLACED ORDER FOR CHILE

 

Prima Developments Ltd. (the "Company") is pleased to announce that Canadian Rockport Homes has placed their first order of coatings for their plant in Santiago, Chile and the order is in route to their plant now.

 

Rockport is a developer of modern, efficient and environmentally friendly modular homes.

 

Rockport owns a proprietary patented and proven modular concrete construction technology.   They manufacture and erect low cost, mass produced, quality modular housing.

 

Envirocoatings is the ideal product for this application.   This order is the first of thousands of gallons needed to coat these homes in the future.

 

About Prima (PID)

 

Prima's subsidiary, ENVIROCOAT TECHNOLOGIES, manufactures and distributes the proprietary specialty Envirosmart coatings, known as Ceramic Insulcoat with Cerylium, throughout Canada and internationally, including the U.S.A. Years of successful R&D has produced a unique product which provides over 30 features and benefits including super adhesion, water and moisture management, heat penetration resistance, saving wasted energy.   Prima's model is designed to expand its share of this $85 billion global market through acquisition and association with strategically positioned distribution outlets located in over 70 countries.   Prima and its new partners are positioned for global distribution to the global multi-billion dollar market.

 

On Behalf of the Board,

 

Roland Langset

 

 

 

This press release may include forward-looking statements; including statements relating to the Company's manufacturing capability, marketing strategy, future sales growth, profitability and competitive position.   The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate", and similar expressions identify forward-looking statements.   Forward-looking statements are based on assumptions made by and information currently available to the Company.   Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected.   The Company does not undertake to review or update these forward-looking statements.

The TSX Venture Exchange has not reviewed and does not a ccept responsibility for the adequacy or accuracy of this release.


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