Life Protection, Inc. Selected by SAAB Training Systems to Provide Proprietary Design Ballistic Building for U.S. Military Installation
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/24/11 -- GreenHouse Holdings, Inc. (OTCBB: GRHU), a leading provider of energy efficiency solutions and sustainable infrastructure products, today announced that its wholly owned subsidiary Life Protection, Inc. (LPI) has been contracted by SAAB Training Systems to provide its rapidly deployable construction technology for an unnamed U.S. Military Installation representing over $170,000 in revenue to the Government Division of GreenHouse.
The project entails delivery and construction of proprietary and rapidly deployable ballistically protected structure(s). Variations of this proprietary technology are capable of withstanding close proximity explosions and protect occupants from direct ballistic impacts in excess of .50 caliber.
"We are extremely pleased to have been selected for this project," commented Billy Jones, COO of LPI. "We at LPI have been providing rapidly deployable and sustainable building development to the Department of Defense for years now, further proving that the traditional, and more expensive, 'brick and mortar' mentality of construction is no longer necessary or viable for a light and agile military."
"This is a great win for LPI and GreenHouse and frankly for the United States government as well," said John Galt, CEO of GreenHouse Holdings, Inc. "With significant government spending cuts imminent a shift in the way we look at construction and infrastructure is critical. Sustainable and efficient means longer lasting at a lower cost so we actually see this paradigm shift in the way the military spends as a great opportunity for our company."
GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the company develops, designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions. For more information, please visit: or the GreenHouse YouTube channel at or follow GreenHouse on Twitter (at)greenhouseintl.
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by GreenHouse Holdings, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
Alliance Advisors, LLC
Bryan Kobel
Chris Camarra
212-398-3487
Rubenstein Public Relations
Michelle Manoff
Tel: 212-843-8051
Email:
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Datum: 24.08.2011 - 06:30 Uhr
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