Affordable Homes of America, Inc. Signs Strategic Alliance Agreement With Quadrant Resources Corporation
LAS VEGAS, Sep 13, 2000 /PRNewswire via COMTEX/ -- Affordable Homes of America, Inc. (OTC Bulletin Board: AHOA chart, msgs) ("Affordable Homes"), announces the signing of a Strategic Alliance Agreement with Quadrant Resources Corporation ("Quadrant"). The purpose of this agreement is to expand the sale of Affordable Homes' patented Z MIX material for home building as well as for telephone poles and railroad ties.
"We are glad to finalize this agreement with Quadrant because they bring to the table a broad based group of International partners and clients in India, Africa and the Middle East," states President and CEO Merle Ferguson. "We feel this agreement will save us time and money, as Quadrant will bring to us signed transactions with funding. We are also pleased to note that Mr. Adnan Salah, an international businessman who specializes in cross-border transactions, has joined Quadrant."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1955: Certain information contained in this release contains forward-looking statements that involve risks and uncertainties, including but not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and market competition.
Source: Affordable Homes of America, Inc.
Contact:
Mark Cohen of The Pinnacle Group Investor Relations,
516-773-2477; or Gary Smolen of Global Financial Resources, Inc. Investor
Relations, 877-822-8274; or Rich Kaiser of Yes International, Inc. Investor
Relations, 800-631-8127, all for Affordable Homes of America, Inc. |
