Perris, Calif.—November 8, 2007—Modtech Holdings, Inc. (Nasdaq:MODT) announced that it now has the ability to offer the Iguana green classroom buildings via a district-approved cooperative purchase (”piggyback”) agreement. The Iguana is based on standards from the Collaborative for High Performance Schools (CHPS) and is Leadership in Energy and Environmental Design (LEED) certifiable without site consideration.

According to Modtech’s School Group President, Ron Savona, the piggyback contract enables buyers in the California education market to purchase buildings at competitively bid prices without the time and expense of bidding the project again. “The Iguana relocatable green classroom building complements our full line of permanent and relocatable educational buildings, which can be configured for LEED or CHPS certification,” stated Savona.

Savona noted that many architects and school districts are interested in the Iguana as it qualifies for both LEED and CHPS certification. To decrease energy use, the Iguana includes a high-SEER heat pump and Icyene insulation for reduced HVAC load and mold potential. Solatube skylights increase natural lighting, which decreases the need for artificial lighting. Environmentally friendly materials such as highly recycled content products are used throughout and production waste materials are recycled. The combination of no VOC materials, improved insulation, and an ultra-quiet HVAC system provides a superior learning environment.

The factory construction process allows Modtech to provide customers with buildings up to 60% faster than conventional on-site construction and with significantly less site disruption. The buildings are of comparable or superior quality compared to those constructed by conventional methods.