Archive for the ‘Alternative Construction Technologies Inc. ACCY’ Category

RedChip Featured Company: Alternative Construction Technologies, Inc. (ACCY.OB)

Friday, August 15th, 2008

Alternative Construction Technologies, Inc. (ACCY.OB) produces structural insulated panel systems (SIPs) for use in the construction of residential, commercial, and high-rise buildings. The company’s patented ACTech® Panel System rivals competitors’ SIPs by utilizing an inherently better galvanized steel “skin”. Alternative Construction also manufactures patented, FEMA-compliant safe rooms designed to weather natural disasters.

The ACTech® SIP system enables builders to construct energy efficient, stronger, safer, and more economical structures than conventional wood and brick-based building products. Easier to construct with, ACTech® SIPs not only save labor costs and reduce construction time, but monthly heating and cooling bills can be reduced by up to 30-50%.

The ACTech® Panel System possesses disaster-tolerant strength above and beyond conventional concrete block or wood frame construction. In hurricane projectile tests, the ACTech® Panel System has met or surpassed the most stringent wind, projectile and uplift codes in the nation levied by the 2006 Florida Building Code. This proprietary product is also resistant to fire, insects, moisture, mold and mildew.

Alternative Construction owns a 154,000 square foot manufacturing facility in Bolivar, Tennessee. With this plant, the company has the capacity to produce approximately 7.5 million square feet of SIPs per year. Headquartered in Melbourne, Florida, the company was founded in 1997 as Alternative Construction Company, Inc., and changed its name to Alternative Construction Technologies, Inc. in 2007.

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Alternative Construction Technologies, Inc. (ACCY.OB) is “One to Watch”

Monday, June 16th, 2008

Alternative Construction Technologies, Inc. (OTCBB: ACCY) is positioning themselves to be a leader in creating and implementing innovative techniques to be used in in the modular building industry. Based on a modular building system known as structural insulated panels (SIPs), the company has developed a revolutionary technology called the ACTech® Panel System that utilizes a more sophisticated, galvanized steel “skin” SIP system to complete energy-efficient, stronger, safer, faster, and more economical structures than conventional wood and brick-based building products.

The ACTech® Panel is used for walls, roofs, and occasionally floors. The panels are produced with a high percentage of recycled material content, contain no CFCs, HCFCs, or formaldehyde, are non-flammable, have a low impact on indoor air emissions, and resist decay.

The patented ACTech® SIP system is environmentally friendly and easier to build with – not only saving labor costs and cutting construction time, but also reducing recurring monthly heating and cooling energy bills by 30-50%. In recent tests, the ACTech® system showed a more disaster-tolerant strength and greater strength than concrete block or wood-frame construction. As new construction and rebuilding takes place in hurricane and tornado prone states throughout the nation, the company believes that – with added awareness and new building codes – they can assist in building stronger and more durable structures that will make it through the most dangerous weather.

Alternative Construction recently announced that they have been selected to participate in “The Faces of Climate Change” media campaign. Jerry Karnas, president of the Florida Chapter of the Environmental Defense Fund, introduced the idea. The Florida Wildlife Federation (FWF) and Environmental Defense Fund (EDF) worked together to produce a multi-media campaign designed to highlight the impacts caused by climate change and the possible solutions that are being offered by Florida entrepreneurs and its industry to address both climate and energy alternatives.

“We believe there is consensus that Florida is a pivotal state in the national debate over means to combat global warming,” said Jerry Karnas. “Florida is arguably the state that will be most affected by climate change as manifested in sea level rise, frequent and severe storms and other perils that place people, wildlife and habitat at risk. Additionally, Florida’s population and our position as a swing state in national elections make this a critical background for climate change policy.”

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Alternative Construction Technologies, Inc. (ACCY.OB) Announces Summarized Audited Financial Results for 2007

Thursday, February 28th, 2008

Alternative Construction Technologies, Inc. (ACCY.OB) Announces Summarized Audited Financial Results for 2007

Alternative Construction Technologies, Inc (OTC), headquarters located in Florida, its manufacturing facility in Tennessee and regional offices around the Gulf States and the South, possesses a unique and patented construction technology called the ACTech® Panel System that is used in the design and production of state of the art buildings in commercial, residential, industrial and modular building applications.

The Company reported it’s summarized audited financial results for 2007. Revenues increased 50% over the prior year to $13 million. OTC has exceeded its projected revenue of $10 million in 2007 by 30%. The net income was $1.6 million for 2007 compared to a loss of $2.0 million in 2006. OTC’s Basic EPS for 2007 was $0.22. The effects of the outstanding options and warrants, while increasing cash, would reduce Basic EPS by $0.08 per share.

Year Ended December 31st financials can be found at the following link: http://biz.yahoo.com/pz/080227/137210.html

Interim Chief Financial Officer, John S. Wittler, said, “The increase in revenues is a direct result of the strategic acquisitions and the Company’s diversification from a product supplier to a systems provider in 2007. Additionally, the increase in earnings is reflective of manufacturing process improvement initiatives implemented in late 2006 and the strategic acquisitions completed during 2007.”

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RedChip Featured Company: Alternative Construction Technologies Inc. (ACCY.OB) Gains Eligibility to Receive Federal GSA Contracts

Friday, January 18th, 2008

Today Alternative Construction Technologies announced that is has been notified that its ACTech Panel system and several of its other galvanized steel building systems and materials have been approved and are now eligible to receive domestic and international contract awards through and from the General Services Administration. The GSA is the main procurement and property management agency for the United States Federal Government. They chose Alternative Construction Technologies based on their energy efficiency, simple to use, and cost effectiveness, as well as the fact that they meet the increasingly tough “green” building standards around the world.

Alternative Construction Technologies, a Florida based company with manufacturing facilities in Tennessee possesses a unique and patented construction technology called the ACTech Panel System that is used in the design and production of state of the art buildings in commercial, residential, industrial and modular building applications. These panels use galvanized steel to create a skin like coating on the building which is stronger, safer, more efficient and economical than that of standard wood or brick based buildings. The panels are environmentally friendly to construct, and not only save time and money on construction costs, but also saves the owner 30-50% on heating and cooling bills because of their insulation properties.

The company is now in the process of listing over 35 products including: the individual ACTech Panel system and components; portable “green” barracks that sleep 10 and can be upgraded to bullet and/or explosion proof; portable, mini command centers; a wide range of classrooms and administrative buildings; FEMA compliant safe rooms; bathroom facilities; modular housing; and several others. In October of 2007 the company held a demonstration of how their ACTech Panel system compared to other conventional building systems under hurricane force winds with a 2’’ by 4’’ projectile being launched at the buildings. The demonstration proved Alternative Construction Technologies’ superiority in strength over similar wood and block based construction systems.

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Will the New Alternative Construction Technologies Incorporated (ACCY.OB) CFO Change Management Approach?

Friday, January 18th, 2008

Most enterprises struggle for differentiation, but this company is exceptional because its core technology offers such a surfeit of customer benefits. Emergency shelter, strong rooms, durability, flexibility, and environmental conservation, are all rolled into one, going by the external marketing claims of the management. These benefits accrue across the board, from low-cost housing for the poor in Guyana, to luxury dwellings for the rich in the United States. The general business management advice in such situation is that a plethora of competitive advantages can vitiate cash generation. It is prudent to make tough trade-off between segments, and to target one at a time. This focused approach is particularly important for a business that makes cash losses quarter after quarter.

There can be no denying the social relevance of the company’s venture: the luminaries chosen to act as the company’s advisers bear strong testimony to the management’s credentials. However, most investors will want a clear road map to profitable growth, and the company graphs show a brilliant future arising from a dismal financial past, are unclear in terms of strategy. The drivers for success, in each of the market segments that the company is keen to address, differ widely. Endorsements and approvals by bodies such as the Federal Emergency Management Agency (FEMA) and the military, matter most for emergency shelter construction after disasters, while support from construction engineers and architects will determine success in regular housing projects. Only a highly cash-rich corporation can afford to address multiple segments simultaneously.

The capability to deal effectively in steel futures, and transparency in dialog with investors, are common financial planning requirements, regardless of which market segment the management wishes to tackle first. The company should focus in building inventories only to the extent that steel price inflation can justify. It must also build an impeccable track record of meeting statutory reporting deadlines without cases of being forced to submit revised accounts. It is premature for this OTCBB stock to reserve AMEX and NASDAQ symbols at this time. The new CFO should act decisively, and help this company realize the potential of its superb building technology.

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RedChip Featured Company: Alternative Construction Technologies, Inc. (ACCY.OB) Announces Joint Venture Agreement

Wednesday, January 2nd, 2008

Alternative Construction Technologies, Inc. (ACCY.OB) and its subsidiary announced this morning that they have entered into a Joint Venture Agreement with Atlan International Holdings, Inc. (ATLAN) to develop a solar panel. Alternative Construction Technologies formed Solar 18 ACTech Panel to facilitate the new project.

The Company also announced that it received a $2 million fee for establishing the right of development of a solar panel using the same technology the ACTech(r) Panel System utilizes. It is anticipated that the Solar 18 ACTech Panel will be delivered in the second or third quarter of this year.

Michael W. Hawkins, CEO and Chairman of Alternative Construction Technologies, commented, “The ACTech(r) Panel is the most energy efficiency SIP in the market today. With the inclusion of the Solar 18 technology, not only will we be able to conserve energy, but we will be able to produce solar energy to further reduce the economic impact of the housing carbon footprint, the largest use of energy in the world. The resulting product will be more desirable to our customers as we continue our efforts to maximize the ‘green’ impact for the sake of our environment.”

“We are simply following in the footsteps of industrial giants such as GE, ExxonMobil, BP, Shell, Sharp, Siemens, and others who have made significant investments in wind, solar, bio-fuel, and hydrogen alternatives. Escalating energy prices, political instability in the Middle East, concerns about the impacts of global warming, and clear public support for energy alternatives have all contributed to renewable energy becoming one of the most rapidly growing sectors of the global economy. Completing this transaction will allow Atlan to concentrate its efforts on the execution of our business plan,” stated Henry Val, ATLAN CEO.

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RedChip Featured Company: Interim CFO Named by Alternative Construction Technologies (ACCY.OB)

Thursday, December 20th, 2007

John Wittler replaces former CFO Bruce Harmon, who was appointed to Director of the company’s audit committee. He brings over 26 years of financial management experience to the position. Mr. Wittler has worked on numerous consulting teams where he has performed internal audits, Sarbanes Oxley engagements, and Quality assurance. From 1999 to 2000 he worked as a project manager for UPS implementing a Global financial system. In addition to this he has served as a CFO to several other companies. His experience should prove beneficial to the company’s bottom line.

Bruce Harmon who was replaced by Mr. Wittler was retained by the company and appointed to Director and Chairman of the Company’s Audit committee. Since he is a founder of the company, his retention will be an asset to the company. The CEO Michael W. Hawkins is quoted saying, “With Bruce’s knowledge of the Company and his financial expertise, the Company determined that his continued involvement would provide beneficial guidance as we continue our growth.”

Alternative Construction Technologies is leader in panel technology and holds several patents. They are based out of Florida with a manufacturing facility in Mississippi. The unique technology, called ARTech Panel System, is used in the construction of high quality buildings including commercial, residential, industrial, and modular buildings. The Company provides revolutionary construction that is stronger, safer, faster, and more economical than wood and brick panels. In addition it is environmentally safe and efficient reducing heat and cooling energy bills by 30%-50%.

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Alternative Construction Technologies, Inc. (ACCY.OB) Receive Florida Certification

Tuesday, December 18th, 2007

Alternative Construction Technologies, Inc. (ACCY.OB) announced that Florida Power & Light (FPL) has certified the company’s BuildSmart galvanized steel insulated home panels. These panels were constructed under funding by the State Housing Initiative Program in Manatee County, Florida for damage caused by Hurricane Charlie in 2004.

BuildSmart homes are inspected and approved by FPL representatives who are accredited by the State of Florida Department of Community Affairs to rate energy efficiency. These particular panels generate energy savings up to 70% per month. FPL certifies that BuildSmart homes constructed have exceeded state energy code requirement; benefiting homeowners and all Floridians through lower energy use and conservation of natural resources.

A.J. Francel, COO of Alternative Construction Technologies, stated, “We are pleased with our results and to receive such a prominent endorsement of our product benefits from FPL, one of Americas most admired companies. We continue to align ourselves with the goals of government, major energy providers, consumers, insurance companies, distributors, builders, conservationists and policy makers. The combination of disaster resistant strength, energy efficiency, Class 1 fire rating and construction speed offers a desirable combination for consumers and builders alike.”

The BuildSmart(tm) Inspector commented, “Comfortable throughout!” Then added, “Innovative! These homes clearly demonstrate that through the thoughtful utilization of newer building materials, careful attention to overall design and component selection, even the most affordable of homes can achieve state-of-the-art energy efficiencies.”

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RedChip Initiates Coverage on Alternative Construction Technologies, Inc. (ACCY.OB)

Wednesday, November 7th, 2007

RedChip announced that it has begun covering Alternative Construction Technologies with a “Buy” rating and a 12 month target price of $12.28. They believe the company offers a compelling investment opportunity in the micro-cap general building materials industry. The stock currently has a market cap of less than $46 million, causing RedChip to believe it is undervalued because of the expected near-term revenue growth, compelling advantages of its product compared to competing products, and the large market potential of its product offering.

The second quarterly report of 2007 revealed that revenues increased approximately 155% over the same period last year. Net income also increased dramatically from $1,564,759 to $3,997,773. Earnings per shares increased 200% from ($0.06) for the six months ended June 30, 2006 to $0.06 for the six month ended June 30, 2007. In the release, the company also stated that it anticipates $26 million in revenue for FY08 with a 12-20% margin, which equates to $0.40-$0.44 earrings per shares using the current number of fully diluted shares outstanding.

The Company’s products are used in the construction of high-rise, commercial, industrial, and residential buildings, including affordable housing, high-end elegant homes, modular construction, and many storage structure applications. The main advantages of Alternative Construction’s SIPs include substantially reduced build time, reduction in heating and air conditioning costs of up to 50%, increased protection from natural disasters, and many environmentally friendly and socially responsible components of the materials.

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Exclusive Interview with President and CEO of Alternative Construction Technologies, Inc (ACCY.OB)

Monday, October 15th, 2007

RedChip Companies, Inc. announced that the President and CEO of Alternative Construction Technologies, Inc. (OTC BB: ACCY.OB), Michael Hawkins, has been featured in an exclusive interview with RedChip Radio.

The interview includes discussion about the company’s patented technology and why this new technology is able to give the company a competitive advantage over competitors. The interview is critical for investors in understanding how Alternative Construction Technologies operational model functions, and how this model will drive future revenue, increase gross and net margins, and increase revenue.

To hear the interview in its entirety, visit:

http://www.redchip.com/visibility/investor.asp?symbol=ACCY&daily=20071010&from=homeadaccyRCR101007