Insulated Concrete Forms Used to Build Shopping Center

Alternative Green Technologies announces the leading construction management and development company in the Bahamas completes a shopping center development out of Reddiform Insulated Concrete Forms.

UNIONDALE, NY, Oct. 2 /PRNewswire-FirstCall/ - Alternative Green Technologies, Inc. (Pink Sheets "AGTI") a public company focused on reducing the carbon footprint in the world by acquiring and building green companies that help the environment announced today that its Reddiform Worldwide subsidiary sold its insulated concrete forms to SUNCO Builders & Developers, Ltd., the leading construction management and development company in the Bahamas, which used the forms to build and complete a shopping center on the island of Nassau. Commercial structures and homes built out of Reddiform require an estimated 44% less energy to heat and 32% less energy to cool and can be designed for use in Earthquake Zones 4 and 5, and to withstand hurricane winds of 200 miles (330 kilometers) per hour.

"We are excited that Reddiform was used to build a commercial structure in the Bahamas. Its benefits expand beyond residential homes. Reddiform's features are perfect for territories where energy costs are high and where hurricanes pose potential threats," stated Ron Ardres, Sr., founder and inventor of the Reddiform System and the Company's technical advisor.

About Alternative Green Technologies, Inc.: Alternative Green Technologies (OTC:AGTI.PK) is a public company focused on the commitment to reduce the carbon footprint in the world by acquiring and building companies that help the environment in reducing carbon emissions in addition to reducing worldwide energy costs and waste.

Our subsidiary, Reddiform Worldwide, Inc., has the exclusive worldwide license in perpetuity to market, manufacture and sell ReddiForm Insulated Concrete Forms ("ICFs"), a green patented building product that allows for reduced energy costs while providing more economies and efficiencies in the construction process for homes, industrial and commercial buildings.

For more information about Alternative Green Technologies, Inc. go to www.altgreentech.com.

NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.

CONTACT: Alternative Green Technologies, Inc., 626 RXR Plaza, Uniondale, NY, 11556, (516) 832-7000

SOURCE Alternative Green Technologies, Inc.

CONTACT:Alternative Green Technologies, Inc., 626 RXR Plaza, Uniondale, NY, 11556, (516) 832-7000


Latest