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Press Releases

5/25/2001

WoodFuel.com Signs Alliance Agreement With EcoStrat Inc.


Untitled Document

Wednesday May 23, 10:04 am Eastern Time

Press Release

SOURCE: WoodFuel.com and EcoStrat Inc.

HOUSTON, May 23 /PRNewswire/ -- WoodFuel.com and EcoStrat Inc. have announced today that they have signed an Agreement enabling them to work in a collaborative effort to provide disposal solutions and find new markets for their customers' wood by-products. These performance-based projects are designed to help their clients reduce the costs associated with wood debris disposal by handling the material in an environmentally friendly and productive manner.

WoodFuel.com is an innovative, business-to-business, e-commerce company that buys and sells wood material online. The wood material is primarily used as an alternative energy resource as mentioned in Chapter Six of President Bush's recently announced National Energy Policy.

Scott Mactier, a Partner in WoodFuel.com, stated ``We believe this alliance between EcoStrat and WoodFuel.com will have a very positive long term impact on both businesses' growth and new opportunity development. The timing of this alliance couldn't be better. We strongly believe that the environmentally friendly utilization of wood material as an alternative energy source will have an impact on decreasing the United States' dependence on imported fossil fuels.''

EcoStrat, a performance-based company headquartered in Toronto, Ontario, has an unparalled track record of reducing costs for Fortune 1000 companies across Canada and the US. In particular, EcoStrat focuses on creating gain- sharing programs for manufacturers that have significant disposal costs related to the generation of wood debris. Bruce Greenwood, EcoStrat Vice President, said, ``The alliance that we've created with WoodFuel.com today represents a significant milestone for both companies. We will now work together with the common goal of reducing our customers' costs and finding the most attractive end markets for the wood by-products generated by our clients. WoodFuel.com and EcoStrat are committed to both reducing the amount of wood material that is currently being sent to landfills and converting that material into productive and environmentally friendly products, including energy.''

Mactier summarized, ``We believe these performance-based cost reduction programs that we are creating with EcoStrat can be successfully implemented for a broad range of wood-intensive industries including Home Building, Furniture Manufacturing, Manufactured Housing, Truss Manufacturing, Railroad Tie Manufacturing, Vegetation Management and other industries that struggle with the disposal of large quantities of wood by-products.''

For more information contact:

WoodFuel.com

Scott Mactier 281-484-0052, Ext 244

smactier@Woodfuel.com

EcoStrat Inc

Rob Mantrop 416-968-8884 Ext 223

robert.mantrop@ecostratinc.com

SOURCE: WoodFuel.com and EcoStrat Inc.



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