VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 13, 1999--Napier
International Technologies Inc. (NIR.TSE), a world leader of
environmentally safe coating removers, is pleased to report the
signing of a marketing and distributor agreement with NAPP (North
American Professional Products), who for 50 years has been the leader
in bringing innovative products to the light industrial markets under
the very well known brand name "Crown".
NAPP will private label a number of Napier products under the
Crown brand name. Crown products are sold primarily in the light
industry markets on an international basis.
Napier has signed an agreement, which allows NAPP to sell Napier
products under the Crown brand in the following countries:
*T
1. United States of America 10. Philippines
2. Canada 11. Australia
3. Taiwan 12. Singapore
4. Korea 13. China
5. Germany 14. New Zealand
6. France 15. India
7. Mexico 16. Malaysia
8. Venezuela 17. Indonesia
9. Puerto Rico 18. Saudi Arabia
*T
Crown products are primarily sold into the light industrial
markets for building/plant maintenance tool sheds and small equipment
repair shops, which would include markets such as:
*T
* Light Industrial Tool Cribs * Automotive Supply Shops
* Electronic Shops * Welding Shops
* Government * Transportation Repair Shops
* Construction/Jobsite * Autobody Repair Shops
* Fabrication Plants * Pulp & Paper Mills
* Marine * Mining Tool Sheds
*T
Crown products have been sold in these countries through
Manufacturer Representatives and Distributors reaching all Light
Industrial markets. These Manufacturer representatives and
Distributors have been associated with Crown on average of 19+ years.
This demonstrates to Napier's management that Crown is a
brand with customer loyalty.
Crown/NAPP (www.crownnapp.com), part of CCL Custom Manufacturing
Division (www.cclcustom.com) is owned by CCL Industries
(www.cclind.com), a $1.5 billion dollar corporation, which
manufactures, markets and distributes consumer and industrial products
worldwide.
The current Crown product line is a perfect fit with Napier
products. Crown is known for their corrosion inhibitors and Napier for
its coating removers. Before the corrosion inhibitors are applied, in
most cases either current corrosion or coatings or both have to be
removed, and that is where Napier products come in to play. By
combining the two product lines this allows Crown to sell an enhanced
package to an existing client base worldwide.
Napier and NAPP are currently preparing its marketing plan and
Napier products are presently entering the distribution channels under
the Crown brand.
Since September 7, 1999, Napier has announced distribution
agreements with Crown/NAPP, Truco Enterprises (retail), ICI USA (heavy
industrial), and Kop-Coat (marine). With its expanding list of
representatives, distributors and joint venture partners, Napier is
maintaining its 300% sales growth.
ON BEHALF OF THE BOARD OF DIRECTORS
Bradley T. Aelicks, President/Director
The Toronto Stock Exchange neither approves nor disapproves the
contents of this news release which was prepared solely at the
discretion of management.
--30--ajg/in*
CONTACT: Napier International Technologies Inc.
Jason Cubitt, 604/ 801-6664
E-mail: nir@direct.ca
Website: www.napierintl.com
or
Napier International Technologies Inc.
Don Mosher, 604/ 801-6664 |
