ECOLOGIX Resource Group Commences Cameroon Operations Ahead of Schedule and Reiterates Its Core Commitments
29 Outubro 2009 - 10:31AM
Marketwired
ECOLOGIX Resource Group (OTCBB: EXRG), a natural resource company
focused on the timber industry and production of alternative energy
solutions, announced today it has commenced operations in Cameroon,
Africa, ahead of schedule.
Jason Fine, Chairman and CEO of ECOLOGIX Resource Group, said,
"We are pleased to report the commencement of operations in
Cameroon ahead of our internal projections. We can firmly credit
our progress to strong operational planning as well as to the solid
local leadership that has afforded us the necessary insight and
guidance to operate effectively in our local government and
surrounding community. Our success in the future will be greatly
influenced by the strengths of our local management teams and
strong local partnerships. This focus, combined with a vigilant eye
on execution, will be a driving force in carrying out the Company's
vision."
ECOLOGIX is a dynamic organization with an unyielding commitment
to global conservationism. The Company is structured to operate in
a manner that is responsible, compliant and profitable. Presently,
the Company's focus is primarily on the timber industry; however,
as the business grows, ECOLOGIX will be expanding into other
natural resources such as biofuel and oil, and will evaluate other
countries and geographies. Most of the areas that the Company
currently operates in, and plans to operate in, are jungle
territories or areas in which poverty runs rampant. As part of its
focus on social responsibility, the Company targets these areas and
also looks, from a trending perspective, that the geography appears
to be able to support massive growth.
Mr. Fine continued, "From a business perspective, we're very
aggressive in terms of capitalizing on natural resources in a way
that is friendly to the environment and also positively impacts the
communities we operate within. This is a large part of what we're
trying to accomplish -- transforming communities and people's lives
through healthcare, education and infrastructure, while growing our
business through environmentally friendly processes. Ultimately we
hope to provide a model to the industry as a whole as to how an
organization can profitably harvest timber without negatively
impacting the environment."
About ECOLOGIX Resource Group
ECOLOGIX Resource Group is a natural resource company focused on
the timber industry and production of alternative energy solutions
in accordance with the most stringent environmental standards
regulating these industries. Additional information on ECOLOGIX
Natural Resource Group is available on its website,
www.ecologixrg.com.
Safe Harbor
This press release contains forward-looking statements made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. Readers are cautioned that a number
of factors could cause our actual results to differ materially from
any results indicated in this release or in any other
forward-looking statements made by us, or on our behalf. These
include among others factors related to general economic
conditions, interest rates, demand for materials handling products
and construction equipment, performance of our manufacturing
facilities and the cyclical nature of the materials handling and
construction equipment industries. Further, historical information
should not be considered an indicator of future performance.
Additional considerations and important risk factors are described
in our reports on Form 10-K and 10-Q and other filings with the
Securities and Exchange Commission.
Contact: ECOLOGIX Resource Group Toll free: 1 888-LOGIXRG
(564-4974) Email: ir@ecologixrg.com
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