Ecologix Resource Group Announces Strategic Partnership with Affiliate of Cameroon-Based Timber Transportation Company
December 07 2010 - 2:21PM
Business Wire
Ecologix Resource Group (OTCBB:EXRG) announced today that it has
formed a strategic partnership with MHM Consulting LLC., which is
an affiliate of a Cameroon-based transportation company.
"Every natural resource business is dependant on reliable, cost
effective transportation,” says Robert Radoff, President of
Ecologix Resource Group. “This new partnership enables our
subsidiary to focus on harvesting valuable timber resources and
leave transportation logistics to our new partner’s expertise.”
Ecologix has been pursuing an underlying strategy to fortify an
international network and develop key strategic alliances with
leading timber importers. The Company recently announced an
agreement with a leading timber importer based in India and in
Europe.
About Ecologix Resource Group
Ecologix Resource Group is a natural resource company focused on
the timber industry and production of alternative energy solutions
in accordance with the most stringent environmental standards
regulating these industries. Ecologix has an unyielding commitment
to global conservationism, and is structured to operate in a manner
that is responsible, compliant and profitable. Presently, the
Company's focus is primarily on the timber industry; however, as
the business grows, Ecologix continues to explore opportunities
with other natural resources such as biofuel and oil, and will
evaluate other countries and geographies. Additional information on
Ecologix Natural Resource Group is available on its website,
www.ecologixrg.com.
Forward-Looking Statements
This press release contains forward-looking statements made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. Readers are cautioned that a number
of factors could cause our actual results to differ materially from
any results indicated in this release or in any other
forward-looking statements made by us, or on our behalf. These
include among others factors related to general economic
conditions, interest rates, demand for materials handling products
and construction equipment, performance of our manufacturing
facilities and the cyclical nature of the materials handling and
construction equipment industries. Further, historical information
should not be considered an indicator of future performance.
Additional considerations and important risk factors are described
in our reports on Form 10-K and 10-Q and other filings with the
Securities and Exchange Commission.
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