Las Vegas, NV, Jan. 18, 2019 (GLOBE NEWSWIRE) -- Earth Gen-BioFuel (OTC:EGBB), “EarthGen” or “the Company,” announces new product strategy.
Responding to overwhelming demand from downsizing home owners and recreational vehicle consumers, EarthGen has begun development of a hybrid home that blends materials science with new smart technology. As the company transitions to become a manufacturer and distributor of “Tiny Homes”, our products will utilize networks and mobile device software to provide comfort features and home predictive/protection capabilities. The company will introduce its first new products this spring under the name of MicroHab.
EarthGen will be incorporating certain elements of its advanced technology in the 300 Park model Homes that the Company has contracted to deliver to Hope Valley Resorts that match the current design and feeling of the 100 homes that are already part of that community. The 300 new homes will be similar in design to those already on the property and will employ many of the advanced living concepts that make living more comfortable, efficient and along with reduced maintenance in keeping with the Tiny Home concept.
Mr. Robert Hayes, President and CEO stated, “there is a tremendous need for affordable sustainable housing units”. He added, “our state of the art designs allow our housing units to accommodate both on and off grid applications allowing the company to market to a broad spectrum of the market. Our target markets include young people looking for a first home, older adults looking to downsize to a new life style, Veteran’s communities, Resort Housing Communities, temporary housing for construction workers at remote locations and emergency housing needs resulting from natural disasters to name a few”.
Mr. Hayes has focused in-house operations on design and the manufacturing process to support the ability to scale the fabrication of units as orders are obtained from a variety of potential buyers.
Prior to joining Earth Gen as its CEO in May of 2018, Mr. Hayes had a long career in managing complex projects employing large groups of people. His project assignments included the petrochemical industry where he had responsibility for several multi-million dollar plant improvement projects. He also was program manager for a twenty million dollar high speed transportation project and a fifty five million dollar aircraft upgrade project in South America.
In 2001 working in partnership with engineers from ATT, Robert applied his digital technology knowledge to develop systems for digital retailing over wide area and cellular networks, which required the development of security measures for data and media distribution to point of sale devices. As a result of interest from institutional banking and mobile money transfer companies, Mr. Hayes formed his own company to further improve and market the technology. As President, Robert dealt with global critical infrastructure and mobile communications systems, and worked with representatives of many international regulatory agencies.
About EarthGen-BioFuel
Earth Gen-Biofuel Inc. plans on basing its manufacturing facilities in the U.S. and addressing domestic needs for affordable living housing units. The Company’s goal is to deliver high quality low cost dwelling units that employ technology that works for owners of our homes and meets the requirements of sustainability for our environment and the locations where our units form new communities. Please visit our introductory web site at www.egbb.world.
Forward-Looking Statement
This press release may contain “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In accordance with the safe harbor provisions of this Act, statements contained herein that look forward in time that include everything other than historical information, involve risks and uncertainties that may affect the Company’s actual results. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance. Further caution is given as the Company is not current with its public disclosures and limited information about the Company’s financial condition or operations is available to investors adding additional risk to potential investors.
Investor Relations Contact
Robert Gartzman
info@earthgenbiofuel.com
Phone 800-991-8190
www.egbb.world