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Conforce International Provides Update on Definitive Agreement

SOURCE:

Conforce International, Inc.

2008-07-31 08:22:00

Conforce International Provides Update on Definitive Agreement

TORONTO–(EMWNews – July 31, 2008) – Conforce International, Inc. (PINKSHEETS: CFRI)

(“Conforce” or the “Company”) announced today that in connection with the

Letter of Intent (LOI) it received from a

US-based supplier of special purpose custom containers to the United States

Military, the status of the definitive agreement between the parties

remains unchanged.

According to a press release issued on May 28, 2008, Conforce received an

LOI from a

US-based Military contractor for the purchase of the Company’s newly

developed composite product specifically designed for use in specialized

United States Military containers. The LOI contemplates a

multi-year contract whereby Conforce will provide product for a minimum of

10,000 special application containers.

According to the company’s US Military contractor, the awarding of the

contract has been delayed pending administrative clarifications.

Notwithstanding the delay, Conforce continues its production preparations

and remains extremely confident that the definitive agreement between the

parties will be executed in the very near term. In the event that the

agreement has not been executed by August 19, 2008, the Company will

provide shareholders and interested parties with an update as to the status

of the negotiations.

About Conforce International

Management of the Company has been in the shipping container business for

over 25 years. Conforce operates a multi-acre, full service container

Terminal that provides storage, handling, repair and transport to

International Shipping Lines. In addition to its core terminal business,

the Company has, since 2001, been in development of a composite material

designed to change the way shipping containers and highway trailers are

made. The environmentally-friendly product, registered as EKO-FLOR, has

been certified by the American Bureau of Shipping for use in shipping

containers worldwide. The Company has received container and trailer orders

and has commenced customer evaluations of the product. The Company’s

objective is to provide a suitable alternative to the wood floors currently

used in containers and trailers. Conforce research indicates that the

specific wood required for container flooring is rapidly depleting and that

a suitable alternative is in high demand. For more information on the

Company, please visit their website at: www.conforce1.com.

Safe Harbor Act Disclaimer: Forward-looking statements in this release are

made pursuant to the Safe Harbor Provisions of the Private Securities

Litigation Reform Act of 1995. Certain statements in this press release may

contain words such as “anticipates,” “believes,” “could,” “estimates,”

“expects,” “intends,” “may,” “projects,” “targets” and other similar

language and are considered forward-looking statements. These statements

are based on management’s current expectations, estimates, forecasts and

projections about the success of its newly developed container and trailer

flooring products, as well as certain other composite based flooring

products in various stages of development. These forward-looking statements

are subject to important assumptions, risks and uncertainties, which are

difficult to predict and therefore the actual results may be materially

different from those discussed.

CONTACT:
Kathryn Saliani
Investor Relations
(416) 234-0266 ext. 6
EMAIL: [email protected]
WEB-SITE: www.conforce1.com

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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