Voobon Ventures Impending Partnership to Rebuild the Gulf Coast

May 20, 2009 - PRLog -- Voobon Ventures is pleased to announce its intention for partnership with Gulf Coast Industries to rebuild the Gulf Coast.  Gulf Coast Industries, Inc. is a system-built residential housing company that predominantly participates in the expanding market for housing units that will provide structurally safe and affordable housing to commence the healing process of the hurricane victims and restore their sense of stability.

Newell Crane founded Gulf Coast Industries (GCI) after witnessing the devastation caused by Hurricane Katrina and the lingering rebuilding efforts despite these tragic losses.  Their strategy is to use a unique technique of building homes by utilizing its confidential industrialized building system to produce a better quality home that is long-standing and more cost and time efficient.

GCI is unique in the regard of it being the only modular home factory in the United States producing Green Built homes.  Green Built homes can withstand hurricane force winds, insect infestation, and mold resistance.  All other current technology, especially modular housing, continue to build with wood or concrete, both of which will mold and deteriorate over time.  The objective of these system-built buildings in the commercial market is to utilize their ability to accommodate consumer needs and take advantage of technological advancements, while being able to assist the victims, provide new homes, and restore their sense of security.

"We are pleased about the potential of Voobon Ventures being able to fund such a wonderful project,” said Mark Shariar, President and Managing Director of Voobon Ventures. “The GCI project has been one of the most exciting investments we’ve considered in quite some time. During these uncertain economic times, we have the ability to make an impact for humanity by uniting with GCI to build better quality homes that will become the standard in the future.  GCI has a grasp of the business and varied technologies needed in the housing industry and that has assured us, and our investors, that we can back a winner.  We are enthusiastic about the impending GCI project.”

About Voobon Ventures, Inc.
Voobon Ventures, Inc. headquartered in Atlanta, Georgia with offices in New York City, Chicago, Las Vegas, Las Angeles and London is a closely held venture capital firm, with managed funds under $5 billion. Under the direction of its President and Managing Director, Mark Shariar, its investment clients have selected Voobon Ventures based upon consistent sound returns in a tough economy and the privacy offered through the fund. Voobon is actively engaged in both short and long term investments with its long term primarily focused on leading edge companies in the communications, entertainment, technology, medical technology, real estate, manufacturing, mining and energy industries. Additional information is available at www.voobonventures.com.

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