Infrastructure Developments Corp. Begins Roll-Out Campaign for Its Wing House Mobile Shelters in North America
SALT LAKE CITY, UT, Mar 22, 2013 (MARKETWIRE via COMTEX) --
Infrastructure Developments Corp. (OTCQB: IDVC) (the "Company")
announced today that it has initiated the first stage of a
coordinated marketing and presentation program for the Wing House
mobile shelters for which it has exclusive distribution rights in the
U.S. and Canada.
"The market for mobile shelters in North America is massive, with the
surge in shale gas development and mining driving a rapid increase in
demand," said Eric Montandon, the Company's CEO. "The companies that
use these structures need quick delivery and setup, safety and
longevity. Modern facilities such as the Wing House provide a
combination of practicality, service, and pricing that the old
utilitarian prefab units simply cannot match. Our product fits every
large user and every small niche. We are convinced that we can meet
the needs of this market."
The Company, through its subsidiary Interspec International, Inc., is
planning to import newly upgraded Wing Houses and exhibit them at oil
and gas and mining trade shows in Calgary and Corpus Christi in June
and September of this year. The Company has invited hundreds of
parties that are active in the prefabricated mobile shelter industry
in North America to cooperate in marketing and placing this unique
product, and the response has been positive.
The standard Wing House units are mobile offices or living spaces
that fold out from a standard 40-foot shipping container to an 880
square foot ready to use house or public space, with all baths,
water, AC, lighting, cable, network and electrical fittings in place.
They are rated for extreme temperatures, safe in hurricanes and
earthquakes, meet the highest safety and building code standards, and
are very economical. The range of products also includes the newly
developed "pop out" 20 and 40 foot units that slide out in minutes
and are also pre-fit with all baths and fixtures. Technical
information and specifications for the Wing Houses are available at
In past years, the Company's affiliates have placed Wing Houses in
the UAE and Thailand per distribution agreements with the patent
holder/manufacturer. The Company has witnessed a dramatic increase in
demand for mobile shelters in North America due to the expanded oil
and gas industry in the U.S., expansion of mining projects in Canada,
natural disasters such us hurricane Sandy, and other influencing
A Freedonia Group industry market research report from late 2011
indicated that inside the multi-billion dollar U.S. nonresidential
prefabricated building system industry, modular building systems
provide the best growth opportunities, and commercial applications
are expected to post the fastest gains of any major market. The
Company's own research on market demand -- combined with new features
and refinements of the product to meet more stringent buyer standards
-- has influenced it to initiate this rollout in 2013. The Company
has a target of 100 unit sales in 2013.
The Company wishes to invite all interested parties and shareholders
to the 2013 Gas & Oil Expo on June 11-13 in Calgary, Alberta, Canada.
Also, the Company plans to exhibit at the 2013 South Texas Oilfield
Expo on September 18 and 19 in Corpus Christi, Texas.
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements involve
a number of risks and uncertainties including the Company's
development, its ability to procure design and management projects,
competitive market conditions, and its prospects for securing
additional sources of financing as required. The actual results that
the Company may achieve could differ materially from any
forward-looking statements due to such risks and uncertainties. The
Company encourages the public to read the information provided here
in conjunction with its most recent filings on Form 10-Q and Form
10-K. The Company's public filings may be viewed at www.sec.gov.
Infrastructure Developments Corp.
SOURCE: Infrastucture Developments Corp.
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