ECOLOGIX Resource Group

December 01, 2009 09:34 ET

ECOLOGIX Resource Group Provides Update Regarding Forward Stock Split

BEVERLY HILLS, CA--(Marketwire - December 1, 2009) - ECOLOGIX Resource Group (OTCBB: EXRG), a natural resource company focused on the timber industry and production of alternative energy solutions, announced today it is awaiting final FINRA approval on a previously announced forward stock split.

On November 25, 2009 the Company announced a one-for-ten forward stock split, pending FINRA approval. ECOLOGIX had expected the stock split to be payable on or about November 30, 2009 to shareholders of record as of November 27, 2009. The record date and related payment date will be adjusted accordingly once the Company receives final FINRA approval.

As previously announced, when the forward stock split becomes effective, shareholders will receive an additional nine shares for every one share of common stock held.

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 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.

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