LAKE PARK, Fla., June 12, 2013 /PRNewswire/ -- EcoSmart Surface
& Coating Technologies, Inc. ("EcoSmart") a wholly owned
subsidiary of The Renewable Corporation (NASDAQ Pink sheets Symbol:
RNWB) announced today the development of a patented
proprietary system that fully encapsulates vinyl asbestos tile
("VAT"). The Eco-NanoBond™ system is a three part system that
eliminates the need for the demolition and removal of asbestos
floors or walls.
(Logo: http://photos.prnewswire.com/prnh/20130612/NY30927LOGO
)
EcoSmart's Eco-NanoBond™ is a unique system which makes a base
surface being coated chemically active to allow the system to cover
and encapsulate VAT, toxic, degraded, cracked and soiled surfaces.
The system creates a solid monolithic light weight membrane by
chemically bonding coatings together which effectively encapsulate
asbestos. Eco-NanoBond system uses a thin polyaspartic layer which
is the only type of coating with the elongation and flexibility to
successfully encapsulate damaged surfaces that may continue to
experience further degradation beneath the monolithic membrane.
EcoSmart's Eco-NanoBond system provides both substantial cost and
time savings and is easy to install on almost any type of floor
from terrazzo to wood.
A survey performed by the EPA done after the production of asbestos
flooring products ended, reported that 42% of all public and
commercial buildings in the U.S. contain asbestos flooring
material. The EPA recommends the best solution to manage asbestos
is encapsulation.
Gary Smith, CEO stated, "We are
excited and look forward to the commercial launch of our
proprietary asbestos encapsulation solution. We have a demonstrable
proven process to meet customer needs and market demand. We provide
a lower cost, more effective solution that solves a big problem in
addressing the 42% of America's government and commercial buildings
which presently have aged asbestos flooring material."
About EcoSmart Surface
&
Coating Technologies
EcoSmart Surface & Coating Technologies,
Inc. ("EcoSmart") a wholly owned subsidiary of The
Renewable Corporation has developed an exciting new
alternative in decorative floor and surface coverings. This
innovative and unique process (patented) achieves
a highly desirable appearance and is extremely durable,
provides superior quality and performance, and offers a more
environmentally friendly choice than conventional flooring
options. EcoSmart's products and
processes can even seal and encapsulate hazardous materials
such as asbestos in a permanent chemical
bond. Interior and exterior flooring, countertops
and many other horizontal surfaces can all be enhanced using these
new methods.
About
The Renewable Corporation
The Renewable Corporation was established in 2004, adopted its
present name in 2008, and is based in Lake Park, Florida. It develops and supplies products,
services, and technologies that use efficient, renewable resources.
RNWB's management understands there is significant interest in
clean, green, and lean methods that offer superlative quality at a
cost that is a reasonable alternative to traditional choices, and
that will have a less hazardous impact on the environment and
human health.
The Renewable Corporation and its affiliates integrate sustainable
manufacturing and distribution with cutting edge research and
proprietary technology to provide the most advanced line of
products and services available. RNWB actively seeks out
partner companies and individuals that are engaged in similar,
forward leaning efforts. The company encourages creative
synthesis and the inspired application of ideas in unexpected
places. Discovering new solutions to existing and anticipated
problems is the corporation's primary goal. The Renewable
Corporation portfolio already contains multiple patents and
patented products. Continued support for national manufacturing and
small business is also at the heart of The Renewable
Corporation charter. RNWB believes that innovative individuals and
businesses will invigorate our economy and drive sustained growth
into the future as the knowledge continues to evolve. RNWB's
management believes that its products, processes, and services will
create many jobs, both at the individual and corporate level. An
exceptional leadership team has been assembled by RNWB to establish
the company's position at the forefront of environmentally friendly
business, and to guide its efforts. Their expertise includes new
business development and financing, international sales and
marketing, industrial renovation, molecular biochemistry, and
biotechnology.
Legal Notice:
This press release may contain forward-looking statements,
particularly as related to pro forma financial statements, earnings
estimates and business expectations, within the meaning of Section
27 A of the 'Securities Act of 1933 and Sections 21E of the
Securities Exchange Act of 1934, and are subject to the safe harbor
created by these sections. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events
or performance are not statements of historical fact and may be
"forward looking statements." Forward looking statements are based
on expectations, estimates and projections at the time the
statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated. These forward-looking
statements are only made as of the date of the press release and
The Renewable Corporation and the companies discussed do not
undertake any obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Corporate Contact Information: The Renewable Corporation,
1313 S. Killian Drive, Lake Park,
FL 33403; Phone: 561-328-6488
Investor Relations: Gary D.
Alexander, Corporate Secretary; Email:
IR@TheRenewCorp.com; Phone: 772-380-4320 x2
SOURCE EcoSmart Surface & Coating Technologies, Inc.