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International Barrier Expands Distribution capabilities
in Relationship with Stock Building Supply
Fire Resistant Building Materials Company Targets Major Construction Markets in Distribution Relationship with Largest U.S. Distributor to Building Contractors
International Barrier Expands Distribution Capabilities in Relationship with Stock Building Supply
Fire Resistant Building Materials Company Targets Major Construction Markets in Distribution Relationship with Largest U.S. Distributor to Building Contractors
Watkins, MN and Vancouver, BC (PRWEB) July 09, 2003 - International Barrier Technology Inc. (Barrier") (IBTGF: OTCBB; IBH: TSXV), a provider of environmentally friendly, fire resistant building materials, has qualified as and become a Preferred Vendor" to Stock Building Supply. This new distribution relationship is a major step in expanding Barriers distribution channel, as Stock is the largest U.S. supplier of building materials to professional building contractors. Stock will augment Barriers distribution capability in existing and new markets.
Barrier has made its first shipment to a Stock location in Virginia, an expanding multi-family residential construction market where Barrier is achieving growing sales.
Stock is exclusively focused on Blazeguards end users, who are professional builders and contractors," said Dr. Michael Huddy, Barriers President. Barrier expects that Stock Building Supply will play an emerging and important role in Blazeguard distribution as we develop new U.S. market territories."
About Stock Building Supply
Stock Building Supply and its associated companies have been in the business of providing a full line of quality building materials for over 100 years. It is the largest supplier to professional building contractors, with over 200 locations in 24 states and sales exceeding $2.7 billion a year. Stocks parent company is Wolseley (WOS: NYSE).
For more information: www.stockbuildingsupply.com.
About International Barrier Technology Inc.
International Barrier Technology Inc. develops, manufactures, and markets proprietary fire resistant building materials branded as Blazeguard®. The award-winning Blazeguard wood panels use a patented, non-toxic, non-combustible coating with an extraordinary capability: it releases water in the heat of fire.
The panels exceed International Building Code requirements in every targeted fire test and application, and are unique in combining properties that increase panel strength and minimize environmental and human impact. Blazeguard customers include Centex, D.R. Horton, KB Home, and Lennar.
INTERNATIONAL BARRIER TECHNOLOGY INC.
Per: MICHAEL HUDDY"
_______________________
Michael Huddy
President & Director
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.
For more information please visit:
www.intlbarrier.com or www.investorideas.com
Toll free 1.866.735.3519
Bernie Hertel
ir@intlbarrier.com
or
Dawn Van Zant, ECON Investor Relations, Inc.
dvanzant@investorideas.com
Forward-Looking Information: The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including but not limited to the ability to generate and secure product sales.
In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
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