ECOLOGIX Resource Group

October 29, 2009 08:31 ET

ECOLOGIX Resource Group Commences Cameroon Operations Ahead of Schedule and Reiterates Its Core Commitments

BEVERLY HILLS, CA--(Marketwire - October 29, 2009) - ECOLOGIX Resource Group (OTCBB: EXRG), a natural resource company focused on the timber industry and production of alternative energy solutions, announced today it has commenced operations in Cameroon, Africa, ahead of schedule.

Jason Fine, Chairman and CEO of ECOLOGIX Resource Group, said, "We are pleased to report the commencement of operations in Cameroon ahead of our internal projections. We can firmly credit our progress to strong operational planning as well as to the solid local leadership that has afforded us the necessary insight and guidance to operate effectively in our local government and surrounding community. Our success in the future will be greatly influenced by the strengths of our local management teams and strong local partnerships. This focus, combined with a vigilant eye on execution, will be a driving force in carrying out the Company's vision."

ECOLOGIX is a dynamic organization with an unyielding commitment to global conservationism. The Company is structured to operate in a manner that is responsible, compliant and profitable. Presently, the Company's focus is primarily on the timber industry; however, as the business grows, ECOLOGIX will be expanding into other natural resources such as biofuel and oil, and will evaluate other countries and geographies. Most of the areas that the Company currently operates in, and plans to operate in, are jungle territories or areas in which poverty runs rampant. As part of its focus on social responsibility, the Company targets these areas and also looks, from a trending perspective, that the geography appears to be able to support massive growth.

Mr. Fine continued, "From a business perspective, we're very aggressive in terms of capitalizing on natural resources in a way that is friendly to the environment and also positively impacts the communities we operate within. This is a large part of what we're trying to accomplish -- transforming communities and people's lives through healthcare, education and infrastructure, while growing our business through environmentally friendly processes. Ultimately we hope to provide a model to the industry as a whole as to how an organization can profitably harvest timber without negatively impacting the environment."

About ECOLOGIX Resource Group

ECOLOGIX Resource Group is a natural resource company focused on the timber industry and production of alternative energy solutions in accordance with the most stringent environmental standards regulating these industries. Additional information on ECOLOGIX Natural Resource Group is available on its website,

Safe Harbor

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that a number of factors could cause our actual results to differ materially from any results indicated in this release or in any other forward-looking statements made by us, or on our behalf. These include among others factors related to general economic conditions, interest rates, demand for materials handling products and construction equipment, performance of our manufacturing facilities and the cyclical nature of the materials handling and construction equipment industries. Further, historical information should not be considered an indicator of future performance. Additional considerations and important risk factors are described in our reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    ECOLOGIX Resource Group
    Toll free: 1 888-LOGIXRG (564-4974)