Infrastructure Developments Corp. Begins Roll-Out Campaign for Its Wing House Mobile Shelters in North America
March 22 2013 - 10:06AM
Marketwired
Infrastructure Developments Corp. (OTCQB: IDVC) (the "Company")
announced today that it has initiated the first stage of a
coordinated marketing and presentation program for the Wing House
mobile shelters for which it has exclusive distribution rights in
the U.S. and Canada.
"The market for mobile shelters in North America is massive,
with the surge in shale gas development and mining driving a rapid
increase in demand," said Eric Montandon, the Company's CEO. "The
companies that use these structures need quick delivery and setup,
safety and longevity. Modern facilities such as the Wing House
provide a combination of practicality, service, and pricing that
the old utilitarian prefab units simply cannot match. Our product
fits every large user and every small niche. We are convinced that
we can meet the needs of this market."
The Company, through its subsidiary Interspec International,
Inc., is planning to import newly upgraded Wing Houses and exhibit
them at oil and gas and mining trade shows in Calgary and Corpus
Christi in June and September of this year. The Company has invited
hundreds of parties that are active in the prefabricated mobile
shelter industry in North America to cooperate in marketing and
placing this unique product, and the response has been
positive.
The standard Wing House units are mobile offices or living
spaces that fold out from a standard 40-foot shipping container to
an 880 square foot ready to use house or public space, with all
baths, water, AC, lighting, cable, network and electrical fittings
in place. They are rated for extreme temperatures, safe in
hurricanes and earthquakes, meet the highest safety and building
code standards, and are very economical. The range of products also
includes the newly developed "pop out" 20 and 40 foot units that
slide out in minutes and are also pre-fit with all baths and
fixtures. Technical information and specifications for the Wing
Houses are available at www.winghouses.com.
In past years, the Company's affiliates have placed Wing Houses
in the UAE and Thailand per distribution agreements with the patent
holder/manufacturer. The Company has witnessed a dramatic increase
in demand for mobile shelters in North America due to the expanded
oil and gas industry in the U.S., expansion of mining projects in
Canada, natural disasters such us hurricane Sandy, and other
influencing factors.
A Freedonia Group industry market research report from late 2011
indicated that inside the multi-billion dollar U.S. nonresidential
prefabricated building system industry, modular building systems
provide the best growth opportunities, and commercial applications
are expected to post the fastest gains of any major market. The
Company's own research on market demand -- combined with new
features and refinements of the product to meet more stringent
buyer standards -- has influenced it to initiate this rollout in
2013. The Company has a target of 100 unit sales in 2013.
The Company wishes to invite all interested parties and
shareholders to the 2013 Gas & Oil Expo on June 11-13 in
Calgary, Alberta, Canada. Also, the Company plans to exhibit at the
2013 South Texas Oilfield Expo on September 18 and 19 in Corpus
Christi, Texas.
Forward-Looking Statements:
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties including the Company's
development, its ability to procure design and management projects,
competitive market conditions, and its prospects for securing
additional sources of financing as required. The actual results
that the Company may achieve could differ materially from any
forward-looking statements due to such risks and uncertainties. The
Company encourages the public to read the information provided here
in conjunction with its most recent filings on Form 10-Q and Form
10-K. The Company's public filings may be viewed at
www.sec.gov.
Contact: Infrastructure Developments Corp. Eric Montandon
Director 801.488.2006 eric@idvc.us www.idvc.us