NAPLES, Fla., Oct. 4, 2012 /PRNewswire/ -- Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (OTC Pink, CCAJ) announced that it has been specified to provide paver products for the Baywalk and Promenade at the Miami Museum Park project.
The 29-acre Museum Park overlooking Biscayne Bay will be home for the new Perez Art Museum Miami and the future site for the Patricia and Phillip Frost Museum of Science. The Perez Museum will be a cutting-edge building with generous spaces to showcase its art holdings and attract top caliber exhibitions. It will also include a state-of-the-art educational complex. Museum Park will include public gardens and sculpture installations. It will be a vibrant mix of green space and cultural offerings and is Miami's urban redesign vision for the area now known as Bicentennial Park. It is viewed as a catalyst for the transformation of the district and is central to efforts to strengthen Greater Miami's momentum as an emerging global capital. The new museum is scheduled to open in fall of 2013.
The Baywalk and Promenade will require over 140,000 square feet of paver products and bring in revenues of approximately $700,000.
"We are excited to have our products used in such a prominent project for the City of Miami," said Tony DiNorcia, the CEO for CCAJ and Earth Surfaces. "The look of our terrazzo products is well suited for the unique and up-scale image that the developer envisions for this project."
Earth Surfaces of America, Inc. manufactures a full range of high-end eco-friendly terrazzo concrete architectural products for commercial and residential markets throughout the United States and the Caribbean. All of the products are made in the USA from re-cycled materials.
Forward Looking Statements
This press release and the statements of representatives of Coastal Capital Acquisition Corp. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "projects," "may," "could" "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (http://www.otcmarkets.com). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Follow Earth Surfaces of America at www.earthsurfaces.net
Tony DiNorcia, Chief Executive Officer
Coastal Capital Acquisition Corp & Earth Surfaces of America
SOURCE Coastal Capital Acquisition Corp.