SOURCE: Conforce International, Inc.

March 22, 2007 07:00 ET

Conforce International (CFRI) Provides Financial Projections for Fiscal 2007 and 2008

TORONTO -- (MARKET WIRE) -- March 22, 2007 -- Conforce International, Inc. (PINKSHEETS: CFRI) (the "Company"), developers of the revolutionary EKO-FLOR composite container flooring system, has released its revenue and earnings projections for fiscal 2007 and 2008.

Based on the Company's recent launch of its EKO-FLOR container flooring product, as well as the addition of two other composite-based flooring products in various stages of development, management of the Company expects to record for the fiscal period April 1, 2007 to March 31, 2008, total revenues of 26 - 29 million USD resulting in EBITDA of 3.6 - 3.9 million USD and net earnings of approximately 8.5% or 2.2 - 2.5 million USD. Company management expects that most of the revenues projected for fiscal 2007 will be recorded in quarters three and four.

For fiscal 2008, management of the Company expects that a significant portion of its field trials will have been completed on all three of its EKO-FLOR composite products and therefore anticipates a significant increase in revenues and earnings. For the period April 1, 2008 to March 31, 2009, Company management projects total revenues of between 112 - 116 million USD resulting in EBITDA of 23 - 26 million USD and net earnings of approximately 13.5% or 14 - 16 million USD.

Conforce President and CEO Marino Kulas stated that, "In order to achieve these results, the Company must successfully complete its customer field trials as well as continue with the development of our new EKO-FLOR products. To that end, we are pleased with our progress to date and believe that the performance of our EKO-FLOR line of products in 2007 and 2008 will transform Conforce into an innovative industry leader."

About Conforce International

Management of the Company has been in the container business for over 25 years. In addition to the company's terminal operations division that provides complete services to International Shipping Lines through its 5,000+ container facility, Conforce has developed a revolutionary composite product designed to change the way shipping containers are made, worldwide. The environmentally friendly product, registered as EKO-FLOR, was recently certified by the American Bureau of Shipping for use in shipping containers. The product was officially launched on December 5th, 2006 at the 31st annual Intermodal Conference in Hamburg Germany, the world's leading container event. For more information on the Company, its EKO-FLOR product, or its Terminal Operations, please visit:

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 flooring product and 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. No assurances can be given that such revenues or net earnings will be achieved. All statements in this press release, other than statements of historical fact, are forward-looking statements based on the objectives of management using various assumptions in connection with its future financial position and future operations, as well as assumptions relating to the future condition of outside variables such as the operating environment, economies and markets in which Conforce operates. In preparation of its financial outlook, management of the Company has made certain Company specific assumptions as to the positive impact of field trials associated with initial customer deployment of the Conforce target products. These assumptions, although considered reasonable by Conforce at the date of this press release, may prove to be inaccurate and consequently actual results could differ materially from its expectations as set out in this press release. Conforce cautions investors to not place undue reliance on the forward-looking statements contained in this release. Conforce disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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