TORONTO, Sept. 12, 2005 (PRIMEZONE) -- First Canadian American Holding Corporation (Pink Sheets:FCDH) announced today that it has an agreement to acquire certain rights for Louisiana and to joint venture with Terrablock, Inc. within that territory.
Michael A. Gross comments, "After the devastating hurricane that hit the region, our technology will be huge benefit in the rebuilding process." Commenting further, Mr. Gross goes on to say, "Our blocks speak for themselves, having buildings in other hurricane regions of the country withstand several storms over there lifetime and are still standing and in perfect condition." See www.terrablock.com.
First Canadian American Holding Corporation CEO, Sandy Winick, states, "As a company we want to help and restore the region and help families rebuild there lives. We feel that the Terrablock product can help in this regard and be there for these people for years into the future should something like this ever happen again."
About First Canadian American Holding Corporation
First Canadian American Holding Corporation is a holding company with subsidiaries in a range of businesses. The company's subsidiaries conduct operations in areas of digital television, radio, building and construction, and natural resources. The company is actively looking at several other opportunities in many different industries such as additional natural resources, wireless, technology, and biotechnology.
Safe Harbor:
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.