Press Release: Focal Corp.
September 17, 2001
SAN FRANCISCO, CA -- United Native Depository Corp., which has controlling interest in Focal Corp. (OTCBB:FCLO),
a NASDAQ traded firm, announced their projected development plans for the worldwide market. New management as of
May 15, 2001 projects new optimism on major projects.
In partnership with Navillus Associates LLC; Treasure Island offers an opportunity to create an integrated, self-contained,
self supporting neighborhood within the City of San Francisco. The Treasure Island Redevelopment represents the
most important real estate development opportunity in San Francisco of the 21st Century. The Plan includes hotels,
timeshares, retail shops, a technical center, and entertainment facilities while retaining existing housing on
Treasure Island and Yerba Buena Island. The expected result of the project is to create a new ``Magic City'' within
the city limits of San Francisco. The project cost is estimated at two billion dollars ($2,000,000,000) over a
ten-year period, with a project yield of twenty to thirty percent (20-30%) of the project cost.
FOCAL & UNDC's initiative, ``Indigenous Power Development Strategy,'' will eventually involve thirty (30) Native
American tribal reservations. The power plants on Tribal sites range in sizes from one megawatt (1MW) to one hundred
megawatts (100MW) to implement not only their power stability, but to generate additional long term income to the
tribes for future developments. The Native American tribal reservation utilizing the forty-nine-point-five megawatt
(49.5MW) program at no cost to the tribes will receive income during the amortization period of the development,
but will eventually become owners of fifty-one percent (51%) after debt service. Under the indigenous strategic
program, FOCAL & UNDC will construct and finance the total cost of the project on behalf of the tribes. UNDC
will pay a land lease payment percentage of the gross income until the end of the debt service, and transfer fifty-one
percent (51%) ownership back to the tribe for their tribal long term future goals. The project cost for each 49.5MW
Unit is thirty million dollars ($30,000,000) with a project yield of eight million dollars ($8,000,000) per year
average after debt service.
FOCAL & UNDC's city municipality power plant projects have been received by various California cities as the
key to local control and future stability during the energy crisis. UNDC's program is to build, own, and operate
captive power plants, at no cost to the cities. The city energy program has been designed like the American Indian
power plant program, allowing the cities to lease location sites for their city distribution of power to FOCAL,
and receive royalty payments until the debt service has been recaptured. FOCAL, after maintaining the operation
of the plant for about seven years, under their contractual program will transfer fifty-one percent (51%) of the
ownership back to the local municipalities to increase their revenue income for future developments. The FOCAL
& UNDC program allows both parties to participate in direct community services, giving back to meet the needs
of the cities, and their residents while at the same time insuring their energy needs, future growth needs, and
local community energy control from third party participants. The project cost is thirty million dollars ($30,000,000)
per 49.5MW unit with a project yield of eight million dollars ($8,000,000) per year for the city.
FOCAL & UNDC have entered into a tribal contract with Elem Pomo Indian Tribe to build a 250MW Geothermal Plant
located on tribal property in Northern California. UNDC has a contract with the oldest and largest geothermal resource
consulting firm involved in every geothermal project within the United States, and provides due diligence reports
exceeding seven billion dollars ($7,000,000,000) in the geothermal project financing market. UNDC power plant division
considers the tribal geothermal location to be the center of power energy now producing several major megawatt
power plant projects within the geographic area. This location maybe one of the key elements within the future
for long-term environmental friendly power source, and will help stabilize the crises facing California energy
needs. The project cost is one hundred ten million dollars ($110,000,000) with a project yield of twelve million
dollars ($12,000,000) per year.
FOCAL & UNDC have just signed a letter of intent to acquire North American Machinery, Inc. (NAMI). NAMI is
a power plant construction company that will enter into the construction contracts for the new proposed turbine-operated
electrical power plants on Native American Reservations, and governmental municipalities throughout the western
United States. NAMI has worked with some of the largest power plant construction companies in the country, and
plans on utilizing major contractors for the actual construction of these projects. With the acquisition of NAMI
and its management experience, FOCAL & UNDC will be positioned in the market place to handle power plant construction
jobs worldwide.
FOCAL & UNDC enters into acquiring controlling interest of Tel Tec, Inc. (TTI), which qualifies TTI as a minority
contracting company under federal and state regulations. TTI is a fourteen year old fiber optic construction company,
and will be utilized for future development of the communications pathway into American Indian Reservations, including
major contracts for five hundred and forty (540) miles of job site located in the eastern region of the country.
TTI is a total telecommunications service company designed to implement tasks from start to completion. TTI clients
include industry giants, such as Qwest, Bell South, Level (2&3), and IXC communications. UNDC with its global
network, and direct consultant contracts for various major American Indian Tribes considers this step a key element
in advancing the tribes into the 21st century communications market place. By acquiring TTI, UNDC will be expanding
its corporate project futuristic long term business base to reach and support the indigenous global needs. TTI
has eight complete drilling machines with capabilities of drilling in any type of soil or hard work project. With
fifty (50) experienced employees in the field and over ten years of project development experience, TTI provides
the ability to deliver services anywhere in the United States. With this acquisition UNDC will be controlling over
twenty-four million dollars ($24,000,000) worth of equipment, and finalizing a major contract on behalf of the
company in the range of fifty million dollars ($50,000,000) over the next few months. TTI has created a scheduled
gross income projection of nine million eight hundred thousand dollars ($9,800,000) for this year. FOCAL &
UNDC will control fifty-one percent (51%) of this company and all future revenue streams.
FOCAL & UNDC have entered into contract acquisition of a major real estate development project. The project
is Pueblo Real, located on three hundred (300) acres of beautiful waterfront property and will include a five-star
hotel/casino, marina, championship golf course, timeshare and single family residences, spas, commercial core,
and island beach property with marina and yacht club. All approvals and permits for the development have been approved
by the Minister of Tourism. The infrastructure is in place, including power, water, telephone, and roads. Acquisition
funding in the amount of three million dollars ($3,000,000) has been approved by local major bank, and the final
feasibility study, is now being completed. UNDC will utilize its North American Machinery, Inc. management team
to oversee the project, including its major developers, and construction organization to complete this project.
The present evaluation of the total project will be between two hundred fifty million dollars to three hundred
million dollars ($250,000,000 - $300,000,000), and will be sold through one of the worldwide time share organizations,
including purchase of a long term lease agreement with a major yachting company. Legal counsel for this project
is provided by Carroll, Burdick & McDonough LLP, and corporate accounts will be maintained by Merrill Lynch
& Company.
About Focal Corp.
Focal Corp. is a publicly traded company on the NASD Over the Counter Bulletin Board. The Company files its periodic
reports with the Securities and Exchange Commission which can be retrieved by going to the SEC website at http://www.sec.gov.
About United Native Depository Corp.
United Native Depository Corp. is a financial holding corporation organized under the laws of the jurisdiction
of the Navajo Nation. UNDC is 100% owned by Native American members whose objective is to increase the economic
well being of the indigenous population.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties
that may cause actual results to differ materially, including the following: changes in economic conditions; general
competitive factors; Focal's ability to execute its business model and strategic plans.
For further information, please contact Deni Leonard, 415/283-3237 or visit our website (http://www.undc.net).
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Contact:
Focal Corp.
Deni Leonard, 415/283-3237
http://www.undc.net