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American Mold Guard Protects a Florida Builder's Investments; Sunshine State Condos To Be Protected From Mold Infestation.

SAN JUAN CAPISTRANO, Calif. -- The Florida luxury real estate market has become a must-have for the nation's affluent population. But like other southern states there's something very un-luxurious about The Sunshine State - the potential for mold. Florida's most-prolific builder of waterfront condominium communities, Boca Developers, is taking no chances and has hired American Mold Guard (NASDAQ: AMGI) to protect their luxury investment.

American Mold Guard will showcase its mold prevention services for multi-family developers and REITs at the Multi-Housing World Conference in Chicago from September 20-21, booth #506.

Boca Developers recently contracted American Mold Guard, the country's leading mold prevention company, to protect their latest projects from microbial infestation. The new projects, Peninsula II in Aventura and Marina Grande on the Halifax in Holly Hill will total five high-rise luxury condominium towers totaling 1,200 units.

"From a financial standpoint, it makes sense to use preventative measures against mold during new construction," said Mike McGraw of Boca Developers.

American Mold Guard will use their antimicrobial spray to deter the growth of mold. Finally, AMG will perform a comprehensive inspection after treating each residence, and provide Boca Developers with an address-specific 15-year warranty protecting against future mold contamination.

"Builders like Boca Developers recognize that mold prevention is a small investment compared with the financial losses mold can cause," said Bob Domlesky, vice president of American Mold Guard. "Mold contamination has the potential to destroy a home's value, as well as the builder's reputation. Boca Developers is one of many smart builders who are taking advantage of a mold prevention protocol before mold takes advantage of them."

The peace of mind offered to buyers from the AMG guarantee may be the reason why American Mold Guard's services are used by many of the nation's leading builders, including DR Horton, Lennar, Standard Pacific, BOSA Development, Swinerton, Harkin and CMS.

About American Mold Guard:

American Mold Guard, Inc. (Nasdaq:AMGI), founded in 2002, is the industry leader in the field of mold prevention services. Its services are primarily focused on the residential real estate construction industry in California, Texas, Louisiana, Mississippi and Florida; with active expansion throughout the United States. Its customers include many of the largest national and regional home builders. Visit: www.americanmoldguard.com.

About Boca Developers:

Founded in 1992 by President Brian Street and Vice President James Cohen and headquartered in Deerfield Beach, Boca Developers is providing the premier luxury lifestyle more sophisticated owners seek along Florida's coastline. With nine waterfront communities now in progress and a business model that promises unprecedented growth, Boca Developers now ranks as the most prolific privately-held developer of unique waterview communities along Florida's eastern seaboard and is the ideal choice for waterfront and marina buyers. The company's portfolio, valued at $9.5 billion, comprises over 16,000 new residences. Current properties include Peninsula II in the city of Aventura; Biscayne Landing in North Miami; Marina Grande properties in North Miami Beach, Riviera Beach, Key Largo, and Holly Hill; Beach Street in Daytona Beach; and Las Olas Riverfront in Ft. Lauderdale. Completed projects include Peninsula I and Hamptons South in the city of Aventura; Mizner Grand, Townsend Place and The Aragon in Boca Raton; and Orchid Beach in Deerfield Beach. For more information, please call 954.418.0208 or visit www.bocadevelopers.com.
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Publication:Business Wire
Date:Sep 19, 2006
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