Puget Technologies, Inc. (PUGE) Signs Licensing Agreement wi Puget Technologies, Inc. (PUGE) Signs Licensing Agreement with RamRock Building Systems
Today, shortly after the opening bell, Puget Technologies announced that it has entered into an agreement with RamRock Building Systems, LLC (“RBS”) securing a global master license in the use and sub-licensing of RamRock’s innovative green building system.
“We are very excited about bringing RamRock into the Puget family,” stated Puget President & CEO Larson Elmore. “Our master license gives us the ability to create enormous value in the furtherance of our shared mission to create a safer, sounder, more productive and more sustainable world.”
David White, CEO of RBS, added, “Puget’s emergence as a leader in the commercialization of sustainable technologies will enable RBS to penetrate the construction market sooner and expand more rapidly than would otherwise be the case, working in association with Puget’s growing arsenal of cutting-edge technology companies.”
RBS is known for introducing the concept of converting nonhazardous urban-industrial materials into high-performance, competitively priced building products. The company’s interlocking structural building block, along with integrated proprietary software, is expected to greatly simplify the installation process leading directly to cost savings during construction projects. RBS was a regional semi-finalist in the 2014 Cleantech Open, a not-for-profit organization that runs the world’s largest accelerator for clean technology startups.
For more information on Puget Technologies, visit www.pugettechinc.com
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