American Insulock Inc.

American Insulock Inc.

January 06, 2005 10:19 ET

American Insulock Announces Investor Relations Agreement


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AMERICAN INSULOCK INC.

CNQ SYMBOL: AIKI.U

JANUARY 6, 2005 - 10:19 ET

American Insulock Announces Investor Relations
Agreement

BURNABY, BRITISH COLUMBIA--(CCNMatthews - Jan. 6, 2005) - American
Insulock Inc. (CNQ:AIKI.U) (the "Company") is pleased to announce that
it has engaged MarketSmart Communications Inc. ("MarketSmart") as an
investor relations consultant. MarketSmart has been engaged, initially,
for a six month period and thereafter on a month to month basis.

The Company will pay MarketSmart a monthly fee plus approved expenses
and has granted MarketSmart an option to purchase a total of up to
1,000,000 shares in the capital stock of the Company of which up to
500,000 shares may be purchased at a price of $US 0.05 per share and up
to 500,000 shares may be purchased at a price of $US 0.10 per share. The
Option shall vest in stages, whereby 100,000 shares may be purchased
immediately and a further 100,000 shares may be purchased every two (2)
months until the Option has fully vested. The Company may, in its sole
discretion, permit an accelerated vesting schedule. The Option shall
terminate 30 days after the termination, for any reason, of the
agreement with MarketSmart.

The Company's core business is the manufacture and distribution of its
brand of insulating concrete forms (known as Insulock Blocks), together
with the equipment that is used to manufacture these blocks. Insulock
Blocks are made of polyurethane rather than polystyrene (i.e.,
Styrofoam®), which is the material that is used by virtually every
other manufacturer of insulating concrete forms. Insulock Blocks are
much stronger than polystyrene blocks and can be used to construct
soundwalls and buildings that are highly effective at absorbing sound
and that have an R-30 or R-38 heat insulating value.

On Behalf of the Board of Directors,

American Insulock, Inc.

Per: Enna Keller, President and Director

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    American Insulock Inc.
    Mrs. Enna Keller
    President
    (604) 420-1428
    Email: info@insulock.com
    Website: www.insulock.com
    Canadian Trading and Quotation Systems Inc. has not reviewed and does
    not accept responsibility for the adequacy or accuracy of the content of
    this news release.