InnoVida: Continuing Its Efforts to Make a Difference in Haiti

    MIAMI BEACH, FL, January 04, 2011 /24-7PressRelease/ -- In the past few months the number and breadth of the projects in Haiti using InnoVida's Fiber Composite Panels (FCPs) has expanded considerably. Innovida Fiber Composite Panels can be found in many types of projects in many different areas of Haiti.

The projects include:

Educational Facilities educating over 1,500 children
- Royal Caribbean - 6 buildings, including 12 classrooms, administrative offices, computer lab and bathrooms.
- World Vision- 9 buildings, which will include 15 classrooms, a teacher/administrative building, kitchen/cafeteria, storage and 2 bathrooms.
- Hand in Hand for Haiti - 37 buildings comprising classrooms, administrative office, clinic, cafeteria, music building, library and restrooms in addition to houses for teachers and the director.
- Three smaller schools - In three different areas of Haiti

Housing camp for World Food Programme - 80 homes and 4 community buildings, including a dining hall, kitchen, media room and laundry facilities. This community will house over 250 employees of World Food Programme and other UN agencies.

Laboratory building- For a Haitian government agency

Private sector projects
- Supermarket
- Hotel complex
- Office space for private business
- Social houses
- Middle class houses and townhomes

All projects together total approximately 162,000 SQF/15,000 m2. All of InnoVida's projects provide construction jobs to local Haitian workers. These workers are trained on location to work with InnoVida's state-of-the-art Panels. Approximately 1,000 local Haitian workers are employed in these projects.

Structures built with InnoVida's system can withstand hurricane force winds, resist earthquakes, due to their high deflection capacity of 21%, are waterproof and provide a highly energy efficient system with an insulation R-Value of 24. The use of FCPs, allows the construction of a complete structure from foundation to roof in significantly less time than conventional construction.

A House For You Foundation, Inc., a not for profit company, affiliated with InnoVida is contributing close to $1 million dollars in connection with the projects above.

Claudio Osorio, Chief Executive Officer of InnoVida said "Being part of Haiti's recovery has been gratifying and humbling for me and everyone at InnoVida. We look forward to having the opportunity to do more. We are pleased that InnoVida Fiber Composite Panels can be used for so many different types and sizes of buildings. This allows us to assist in Haiti's recovery in multiple ways and in many different localities."

About InnoVida
InnoVida is a global corporation with current operations in the USA, Germany, Middle East, Africa, India, China and South America. InnoVida is dedicated to the design, development, manufacturing, and installation of every type of residential and commercial building. InnoVida manufactures building solutions that bridge the gap between energy efficiency, affordability and high quality. Using its proprietary technology InnoVida manufactures Fiber Composite Panels (FCP) which are used to build residential, commercial, government, military, globally relevant structures without the use of cement, steel or wood and with significant savings in cost to build, time to build and energy cost to operate. InnoVida is different because it addresses, in a totally new way, both key components of the built environment: what the structural material is made of, and how the materials come together during construction.

For more information, please contact InnoVida:
+1 786.837.7200
www.innovida.com
Media Inquiries: Lisa Sampson

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