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Press Releases

7/12/2000

WoodFuel.com Releases First Quarter Statistics


Untitled Document

Wednesday July 12, 9:30 am Eastern Time

Company Press Release

SOURCE: WoodFuel.com

HOUSTON, July 12 /PRNewswire/ -- WoodFuel.com an innovative, business to business, e-commerce company that buys and sells woodfuel energy online, is pleased to make its first quarterly announcement of its statistical results. WoodFuel.com launched its site on April 11, 2000. The reported results are from the launch date to June 30, 2000.

WoodFuel.com reported over 160,000 hits and created 145 new accounts during its initial quarter of operation. The company also reported the sale of over 6,500 tons of woodfuel during the same reporting period.

``We're pleased with our first quarter results of newly created accounts and visits to our site considering we did not schedule any major advertising campaign during that time period,'' stated Scott Mactier, Partner of WoodFuel.com.

Mactier continued, ``The most exciting aspects of our results are the amount of woodfuel tonnage transacted through June and the number of new contacts we have made in the industry. We're talking with people all over the country and in Canada who either have a need to buy or sell woodfuel for use as an alternative energy source. Our contact base grows everyday.''

WoodFuel.com is an energy-related company that is committed to fulfilling the growing need for woodfuel or biomass as an alternative energy resource. ``We believe that the growth in demand for our material will continue based on the increasing pricing pressures of fossil fuels along with the current and future regulatory mandates of alternative energy/biomass usage.''

SOURCE: WoodFuel.com



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