Leep Receives European Order
March 24, 2010 (FinancialWire) — Leep, Inc. (OTC: LPPI) said it has received a purchase order from a German company to produce and deliver up to 150 mail screening facility units over the next four years, valued at around $6 million.
The company said it originally designed and engineered its patented LeepCore Structural Insulated Panel into self-contained Mail Screening Facility Buildings for use by the U.S. Federal government to screen mail and packages for bio-terroristic materials, such as anthrax, explosives, and other hazardous materials and devices, prior to the mail being delivered inside U.S. government buildings in foreign countries.
Leep has been manufacturing these units since 2008 for government contractors, and through a sole source agreement between the U.S. Department of State and Leep, Inc., and has shipped them to multiple locations in Europe, the Middle East, South America, Africa, Canada, and Mexico.
Kentucky-based Leep was formed to produce building materials, including its LeepCore Structural Integrated Panel, which are used in the construction of commercial-code walls, roofs, and floors.
Leep operates a 33,000 square foot manufacturing plant in Montoursville, Pennsylvania.
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