December 17, 2009  
           

PRIMA REPORTS LARGE PROJECT IN MIDDLE EAST

 

Prima is pleased to announce that Entech, its private label distributor, has secured a mega project in Qatar. The project is comprised of a three level parkade, one hotel and three office towers with a common four level podium, three apartment buildings, recreation and utility buildings.

 

The contractor is Marmac and the developer, Barwa, is doing many other projects in the country.   Having this one as a demonstration of the Ceramic InsulCoat product gives an opportunity to display it to the world and encourage more developers to consider the product for their own projects.

 

Prima's management believes that with the sales momentum building, and acceptance of the Ceramic Insulcoat product on such high profile projects, even more projects will be specified in the months ahead, and secure the company's goal of profitability in the current fiscal year.

 

ABOUT PRIMA

 

PRIMAS subsidiary, ENVIROCOAT TECHNOLOGIES, manufactures and distributes the proprietary Envirosmart coatings, Ceramic Insulcoat with Cerylium, to domestic and international markets. Extensive Research and Development has created a landmark product delivering over 30 significant features including super adhesion, moisture management, and heat resistance, significantly increasing structure life and decreasing energy use.

 

PRIMA is powerfully positioned to expand its share of an $85 billion world market with its distribution partners and strategic alliances in over 70 countries.

 

On Behalf of the Board,

 

Roland Langset

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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