December 12, 2008  
           

DISTRIBUTOR HAS PLACED OPENING ORDER FOR CITIES

IN THE MIDDLE EAST

 

Prima Developments Ltd. ("The Company") management is excited to announce that their private label distributor Entech Coatings has placed a major order with Envirocoatings for the Middle East.

 

Entech has gained acceptance and specification from a number of cities in the Middle East and this "opening" order reflects the acceptance of the coatings.

 

The first order is for Saudi Arabia, Qatar, Dubai and Beirut.   This letter of intent purchase order is awaiting L.C. approval and once confirmed this order valued at over ½ million dollars can begin to be produced and shipped.

 

The President of Entech states, "This order represents just a small amount of what will be ordered in the next several months.   We are gaining acceptance very rapidly in the Middle East and this order is just the beginning of many more orders to come for setting up distribution centers throughout the Middle East."

 

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, President                      

 

 

 

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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