World Homes, Inc. Announces Formation of New Division, Affordable Homes Of America
LAS VEGAS, Feb 14, 2001 /PRNewswire via COMTEX/ -- World Homes, Inc. (OTC Bulletin Board: WHME) ("World Homes") announced today that it has established a new division of the Company, Affordable Homes of America. Affordable Homes of America will focus on the U.S. market for the construction of affordable, fireproof and earthquake proof housing. Merle Ferguson, Chairman of World Homes, Inc., will lead Affordable Homes of America as division manager.
"The first directive of Affordable Homes of America will be to complete the U.S. certification process to construct low-cost housing using our new techniques and proprietary material Z MIX," states Mr. Ferguson. "We will bring to the U.S. market a home that does not use any forest products and will save one-third the cost of construction, as well as help save our environment. We know the cost of land will only continue to increase; therefore, the only hope we have to keep the American Dream alive for young families is to find a way to lower construction cost. We have found the answer in Z MIX!"
World Homes provides revolutionary building techniques for the construction of affordable fireproof and earthquake proof housing using the proprietary material Z MIX. Z MIX, a cementitious product, combines bentonite, diatomaceous earth and shredded tires to create a lightweight building material that significantly reduces the time and cost of constructing a house. The Company currently holds patents on Z MIX.
For information on World Homes, Inc., please visit the Web site theworldhome.com. For further information please contact Rich Kaiser of Yes International, Inc., 1-800-631-8127, for World Homes, Inc.
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 World Homes, Inc.
CONTACT: Rich Kaiser of Yes International, Inc., 800-631-8127, for World Homes, Inc. |
