MIAMI, FL–(Marketwired – Jun 16, 2014) – Amazonas Florestal, Ltd. (PINKSHEETS: AZFL) (“Amazonas” or “Company”), a diversified forest management company generating profit through innovative, sustainable forest management, is excited to announce that it recently delivered 185,787m3 of piquia sleepers (railroad ties) for use in the fulfillment of a standing $2,650,000 purchase order for Trackwork Ltd. (“Trackwork”), the largest contractor for railway supply in the United Kingdom.
This delivery of hardwood sleepers (railroad ties) represents a small portion — 10 out of 200 total containers — of the entire order fulfillment for Trackwork. The revenues from this delivery, recognized at $122,875, will allow Amazonas to secure more inventory and immediately increase productivity on the remainder of the $2,650,000 purchase order.
“This is a critical step for us in demonstrating large-volume shipments for our longest-standing and largest partner, Trackwork, who has reconfirmed its commitment to fund the rest of the order as quickly as we can produce,” said Amazonas CEO Michael Ibar. “We’re already working toward this production, but we don’t take for granted that this fulfillment marks a significant step in our long-term growth plan, as sleepers, which are a high-yield product abundant in our properties, significantly boost our revenues.”
About Amazonas Florestal
Amazonas Florestal is a diversified forest management company generating profit through innovative, sustainable management of its large tracts of land in the rainforests of Amazonas, Brazil. Amazonas Florestal’s sustainable forest management strategy, with its green philosophy and method of cyclical harvesting, preserves ecosystems through habitat and water resource preservation, positioning it as an industry leader in responsible, eco-friendly timber practices.
Headquartered in Miami, FL, Amazonas’ goal is to become the leader in sustainable forest management, creating revenue while protecting the biodiversity of the rainforest ecosystem and enhancing the lives of the people who live in it. Through a strategy of selective harvesting, biomass production, and conservation incentives, Amazonas Florestal not only protects one of the world’s greatest natural resources, it also makes preservation profitable.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.