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EcoBlu Products, Inc.: EcoBlu Products and N8 Concepts Sign Definitive Merger Agreement

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  Published in House and Home on Thursday, August 20th 2009 at 12:28 GMT, Last Modified on 2009-08-20 12:28:11 by Market Wire
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CARLSBAD, CA--(Marketwire - August 20, 2009) - EcoBlu Products, Inc. and N8 Concepts, Inc. (OTCBB: [ ECOB ]) announced today that the two companies have signed their Definitive Merger Agreement. N8 Concepts, Inc. will purchase 100% of the shares of EcoBlu Products. Under the terms of the agreement, N8 Concepts, Inc. will emerge as the surviving company. In preparation for the merger N8 Concepts has changed its name to EcoBlu Products, Inc. and the trading symbol to "ECOB."

"The completion of this transaction will allow EcoBlu Products to move forward with its aggressive plan to grow our business -- helping builders and homeowners enjoy quality, eco-friendly coated wood products to protect their investments -- as well as do their part to sustain our forests," said Steve Conboy, President and CEO of EcoBlu Products, Inc.

The complete line of EcoBlu wood products are coated with non-toxic and eco-friendly BluWood™ technology to protect them from mold, wood-rot, decay and termites.

Two EcoBlu Facilities Service Southern California and Texas

EcoBlu Products currently provides coated and protected engineered wood and dimensional lumber through two impressive facilities in Southern California and Texas. In Colton, California, its rail-accessible facility includes an 80,000 square-foot center housing manufacturing, sales and administration offices, adjacent to a 25-acre covered lumber yard, one of the largest in California. In Prosper, Texas the company has an 18,000 square foot facility housing its manufacturing, sales and administration offices, adjacent to a 3.6-acre distribution center.

About EcoBlu Products, Inc.

EcoBlu Products, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, rot, decay, termites and value added fire. EcoBlu products are protected using BluWood™ technology -- a proprietary wood protection, preservative and fire safety process for building components constructed of wood including traditional lumber and engineered wood products including i-joists, beams, paneling and others.

The Company is committed to the development, marketing and sales of environmentally responsible building materials. EcoBlu is ready to deliver the winning edge to builders and the environment with its safe and sustainable green product line.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of N8 Concepts, Inc. common stock and the ability to obtain the necessary financing.