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Resin Systems Updates on RStandard(TM) Pole Order
Resin Systems Updates on RStandard(TM) Pole Order.
About this update from Real Estate Split Corp Class A
[{"type":"text","content":"\n\n\n\nCALGARY, March 16 /CNW/ - Resin Systems Inc. ("RS") (RS - TSX/RSSYF -\nOTCBB), a composite products innovation company, today announced an update on\nthe RStandard(TM) modular composite pole order to an established European\nUnion ("EU") energy producer. This order, announced August 9, 2005, was for\nRStandard poles with heights between 32 metres (105 feet) and 41 metres\n(135 feet) for an approximate value of $26 million USD. As further announced\non November 30, 2005, RS shipped an initial container of RStandard poles to\nthe EU energy producer for testing. Once independent testing was completed, RS\nwas to begin shipments under the order.\n\n\nAs part of RS's 2007 business strategy announced February 2, 2007, RS's\nmain focus for the RStandard business line is in the domestic market through\nits exclusive distribution agreement with HD Supply Utilities, a subsidiary of\nThe Home Depot(R). RS understands that the EU energy producer continues to\nevaluate the initial poles; however RS has no near-term plans to make any\nshipments under the original order given its current focus on the domestic\nmarket.\n\n\nRS will advise the market if and when material shipments are expected to\noccur.\n\n\nAbout RS\n\n\nRS is a composite product innovator. RS develops advanced composite\nproducts for large-scale industrial markets. These products replace products\nwhich traditionally have been made using conventional building blocks of wood,\nconcrete and steel. The foundation of RS is continuous innovation and product\ndevelopment utilizing its proprietary Version(TM) polyurethane resin system.\n\n\nRS has successfully developed the VRoll(TM) bulk material handling system\nroller tube and the award winning RStandard(TM) modular composite transmission\nand distribution structure. For the latest on RS's developments, click on\n"Latest News" on www.grouprsi.com.\n\n\n"Version", "RStandard" and "VRoll" are trademarks of RS.\n\n\n","length":2059,"tagName":"div"}]