First National Panel (FNPN) Sets New Standard: Results of Independent Analysis State No Known Residential Construction System is
February 19 2008 - 8:30AM
PR Newswire (US)
LINDSTROM, Minn., Feb. 19 /PRNewswire-FirstCall/ -- Today the
President and CEO of First National Panel Co. (OTC:FNPN), Mr. Ricci
D. Null announced the findings of an independent analysis and
assessment of the overall structural integrity of FNPN pre-cast
light-weight concrete panels for interior/exterior walls used in
residential and light commercial building. The results of the study
state clearly that, " ... to date, no known residential building
system has been tested or can achieve the performance levels of the
FNPN system." The Study, prepared by Ron E. Turcotte, PhD
(Engineering-Physics) of Fixxit Consulting Corporation states
further that homes constructed with the "top-down anchoring system
that FNPN employs ... can withstand 200+ mph sustained winds ...
while the individual walls can withstand 300+ mph sustained winds."
The study concludes with a bracing comment that argues, not only do
the FNPN panels diminish any viability of substantive competition,
but they also validate the integrity of a design that "exceeds the
limits of all known test facilities" which evaluate the performance
of building products and systems using accepted standards. "We will
continue to strive for the highest quality products at the best
possible price," stated CEO Ricci D. Null. " After 30 years of
R&D, testing, designing and using the product, we feel that we
are finally positioned correctly to take advantage of a growing,
new, emerging market in light-weight environmentally-friendly
concrete homes offering energy efficiency and real resistance to
damage from fire, wind, heat, molds, pests, decay, flying debris,
sound, earthquake, floods and water." The Company plans to
aggressively seek out new channels of distribution to provide its
products to the natural disaster areas like the Gulf Coast and
Greensburg, KS. These areas are still tortured by recovery efforts
from hurricane and tornado devastation. Mr. Null also stated that "
We can speed up completion of the reconstruction and provide a
quality product that is extremely affordable." To read the full
report please see our website, http://www.fnpc.net/ the site map
tab. This contains forward-looking information within the meaning
of The Private Securities Litigation Act of 1995. Forward-looking
statements maybe identified through the use of words such as
"expects," "will," "anticipates," "estimates," "believes," or
statements indicating certain actions: "may," "could," "should" or
"might occur." Such forward-looking statements involve certain
risks and uncertainties. The actual results may differ materially
from such forward-looking statements. The company does not
undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that
any projected results (expressed or implied) will not be realized.
DATASOURCE: First National Panel Co. CONTACT: Ricci Null of First
National Panel Co., +1-651-314-4142, Web site: http://www.fnpc.net/
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