DALLAS, March 28, 2006 (PRIMEZONE) -- SkinzWraps, Inc. (Pink Sheets:SKZW), a full-service vehicle wrapping company, today announced that it has signed an exclusive agreement with Earth Biofuels, Inc. (OTCBB:EBOF), a producer and distributor of biodiesel fuel. Under terms of the agreement, SkinzWraps will handle the entire marketing campaign for Earth Biofuels, including designing and managing Earth Biofuels' brand image, including wrapping gas station pumps and islands that sell Earth Biofuels product(s), and wrapping Earth Biofuels refinery tanks, billboards, tankers and promotional vehicles. Financial terms of the agreement were not disclosed.
"Earth Biofuels is a company that is determined to reduce America's dependence on foreign oil through the production and distribution of alternative fuels like biodiesel," stated Peter C. Salaverry, CEO and Chairman of SkinzWraps. "We are proud to have an opportunity to work with a company with such ambitious and noteworthy goals."
Earth Biofuels produces and distributes its own brand of biodiesel fuel, which utilizes soybeans. Through a network of wholesale and retail outlets, Earth Biofuels is focused on capitalizing on the growing demand for alternative and renewable fuels in the domestic market. The Company's website is www.earthbiofuels.net.
SkinzWraps, Inc., headquartered in Dallas, with locations in Los Angeles and Miami, is one of the nation's premier full service vehicle wrapping companies. SkinzWraps pioneered the concept of "wrapping" vehicles and continues to push this type of outdoor marketing to a new level. SkinzWraps clients include Sony Records, American IronHorse, United States Marine Corps, Hooters, Scion of Dallas, Clear Channel Communications, the Dallas Desperados, Dallas Yellow Cab, and now Earth Biofuels, Inc. For more information, visit the company website at http://www.skinzwraps.com.
This press release may contain "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.