Gold River Productions Inc. (GRPS-Pink Sheets) Enters Into Preliminary Discussions Regarding Our Patent-Pending "World Home" Ear
28 April 2011 - 11:10PM
Marketwired
John Ohlin, President and Chief Executive Officer of Gold River
Productions (GRPS) Inc. (PINKSHEETS: GRPS) announced today that it
has begun preliminary discussions regarding its patent-pending
"World Home" prefab permanent housing available for Japan disaster
victims.
AeroQuest Technologies -- All-Composite "World
Home" The technology used to construct the World Home has won the prestigious "Innovation Award
for Outstanding New Technology." A home or building built with the
World Home's all-composite sandwich panels can achieve a heating
and cooling load reduction of up to 70% when compared to homes
built with concrete masonry walls. Building with the World Home's
all-composite panels saves money since the structures are faster to
assemble, they do not require steel, wood or concrete and, due to
them being very light weight, the cost to ship pre-fabricated
panels is considerably less than conventional construction
designs.
Our wholly owned subsidiary, AeroQuest Technologies, which was
the winner of the prestigious 2007 Utah Innovations Awards, "has
developed a proprietary, multi-matrix, thermoplastic material that,
when combined with a variety of core materials, can produce a
fiber-reinforced, thermoplastic structural panel that can be formed
into a wide variety of products that will be 40% - 60% lighter than
conventional materials, are highly impact resistant, impervious to
water and most chemicals and have excellent stiffness and tensile
strength and sound and vibration dampening characteristics.
Homes and Buildings may be assembled on-site in one to three
days. Traditional maintenance expense is not required on the
World Home; no rot, swelling or deterioration
over time and no painting. Analysis shows that the use of the World
Home's all-composite panels reduces greenhouse gas emissions and
will contribute to high scores in green certifications such as
"LEED." The efficient use of raw materials in the
manufacturing and construction process generates very little waste.
The World Home exceeds all Building Codes including airborne off
gassing of Volatile Organic Compounds (VOCs) in production and
assembly.
The World Home earthquake resistant
exterior and interior walls may be assembled from single panels up
to 10 ft. wide by 60 ft. long. All panels have a smooth surface and
are fire resistant which eliminates the need for drywall. Because
of the use of aerospace high-tech engineered fibers, the World
Home's insulated structural panels (SIP's) weigh 70% less than
conventional SIP panels with plywood facings. As an option to the
World Home or other structures, an exquisite simulated stone facing
or stone columns may be incorporated into the exterior or interior
panels at the factory prior to on-site delivery.
Rated for category 5 hurricanes, the World Home can withstand
155 MPH winds. The World Home will meet Florida's Dade County large
and small missile impact test, as well as ASTM standard test,
demonstrating the structural integrity and durability designed into
every World Home structure. Unlike traditional building methods,
the World Home's advanced fiber composite design will withstand a
considerable amount of bending forces and vibration generated from
high intensity earthquakes. The World Home easily meets E-84 and
E-119 ratings pertaining to rate of burn, smoke density and fire
spread tests.
Our patent-pending World Home design provides a green
alternative to conventional materials and assembly methods. Its
very high "R-Value" provides significant energy savings and its
durability requires much less maintenance which reduces the cost of
ownership and offers an eco-friendly solution. The World Home
all-composite construction panels are fully recyclable which helps
reduce greenhouse emissions and lower dependency for fossil fuel
while leaving a smaller environmental footprint. The designers of
the World Home specialize in green and sustainable building methods
such as the U.S Green Building Council (USGBC) and ENERGY STAR, and
adhere to many of the standards set forth by the Leadership in
Energy and Environmental Design Green Building Rating System
(LEED).
April 22 2011 --
Japan's cabinet on Friday approved a $49 billion
budget to help in the
reconstruction of areas decimated by last month's earthquake and
tsunami. The Disaster Relief Fund will pay for removal of
rubble and debris, temporary housing, rebuilding of roads, farms,
airports and schools, and loans to small- and medium-sized
businesses. Seeking to turn the nation's focus to the arduous task
of rebuilding, Japanese Prime Minister Naoto Kan last week invoked
the imagery of his country's recovery from World War II."We must
renew the determination that we had in the post-World War II
reconstruction period, and we must tackle the task of
reconstruction after this earthquake," he said. The devastation
left behind by the March 11 earthquake is an opportunity to build
"a new, better future than before," said the prime minister, who
was born in 1946 -- a year after the end of the war. Kan said the
Japanese people "stood up bravely and achieved a reconstruction
that amazed the world." The fund is only expected to cover a
fraction of the total cost of recovery. The double disaster could
cost Japan's government in excess of $305 billion, Deputy Finance
Minister Mitsuru Sakurai told reporters last month.
For complete information on the Company please go to our web
site www.atpanels.com.
Except for historical information contained herein, the
statements in this release are forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties that
may cause the company's actual results in future periods to differ
materially from forecasted results. Such risks and uncertainties
include, but are not limited to, market conditions, competitive
factors, the ability to successfully complete additional financing
and other risks.
Contact: Mr. John Ohlin President/CEO 801-523-2744
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