Ginsite Materials, Inc. Dives Into Marine Industry With 3,000-Gallon Order.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Aug. 12, 1998--Ginsite Materials, Inc. of Ft. Lauderdale, FL, (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GSIT) announces the receipt of a substantial purchase order for its marine coating product. The prospective distributor making the purchase, New World Technologies, Inc., has indicated that this is the first of many large orders for Ginsite's coating material coating material, n a biologically acceptable, usually porous nonmetal applied over the surface of a metallic implant with the expectation that tissue ingrowth will occur in the pores. Often a carbon polymer or ceramic substance. . New World Technologies president, Joseph Barletta, said that after conducting extensive field tests he believes Ginsite's product will revolutionize the marine coating industry. "The results of our field tests show that Ginsite performs above and beyond our expectations. Shipyards currently use 5 or 6 different products to coat all the necessary areas of boats. One coating material covers the deck, another covers the hull, and so on. With Ginsite, you just need the one product," Barletta said. "Plus, unlike other coating materials, Ginsite is non-toxic. This is a huge selling point selling point n. An aspect of a product or service that is stressed in advertising or marketing. Noun 1. selling point - a characteristic of something that is up for sale that makes it attractive to potential customers in this industry as environmental concerns continue to grow." Barletta also pointed out that Ginsite is resistant to barnacle barnacle, common name of the sedentary crustacean animals constituting the subclass Cirripedia. Barnacles are exclusively marine and are quite unlike any other crustacean because of the permanently attached, or sessile, mode of existence for which they are highly growth and its natural buoyancy buoyancy (boi`ənsē, b  `yən–), upward force exerted by a fluid on any body immersed in it. Buoyant force can be explained in terms of Archimedes' principle. allows boats to float higher in the
water, thereby running faster while consuming less fuel.New World Technology will be the contracted distributor of Ginsite for the Gulf Coast of Texas, Louisiana, Mississippi and Florida's Panhandle. Based in Baton Rouge Baton Rouge (băt`ən r zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , LA, the company already has several
shipyards anxiously awaiting the arrival of Ginsite's coating
material."Joe Barletta is an insider to the marine industry. Securing this order with him virtually secures our product's broad-based acceptance within the industry," says Murray Ginsberg, founder and president of Ginsite Materials, Inc. "His independent field tests strengthen the validity of our own tests and the claims we have made about Ginsite for the last several months. It's rewarding to see the industry getting as excited about our product as we have been all along." Ginsite Materials, Inc. has created the material formulation to solve a critical worldwide environmental and housing need. Inspired by the goals of ending deforestation deforestation Process of clearing forests. Rates of deforestation are particularly high in the tropics, where the poor quality of the soil has led to the practice of routine clear-cutting to make new soil available for agricultural use. and providing shelter to families in third-world countries, the company has manufactured a high-quality, affordable building and coating material. The Ginsite formulation is four times stronger and four times lighter than concrete blocks and is considered friendly to all environments. Its versatility and adaptability has immediately opened the doors to countless lucrative opportunities in the construction, roofing, and marine industries. Specific uses for Ginsite include enhancing concrete and wood products such as driveways, pools, boats and more. No stock exchange has approved or disapproved the information contained herein.
CONTACT: Ginsite Materials, Inc.
Hank Lione - 954-321-9616
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