Napier International Technologies Inc. (T.NIR) Message Board

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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Mark Duess who wrote (2389)	12/14/1999 8:19:00 PM
From: Greg from Edmonton	Read Replies (2) of 2444

Pretty quiet around here lately.... biz.yahoo.com Napier Aerospace Update Tuesday December 14, 4:17 pm Eastern Time Company Press Release VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 14, 1999--Napier International Technologies Inc. (TSE:NIR. - news), is pleased to report continued success in the aerospace industry with its Environmentally Advantaged coating removers. Despite the rigorous process of gaining approvals in this highly regulated sector, the company is pleased by increasing industry acceptance. The following outlines recent corporate accomplishments: Napier is pleased to announce its first approved product status from an aerospace manufacturer. British Aerospace has granted approval for use on BAe 146 and RJ aircraft worldwide. Further approvals are anticipated with continued support from BC Aviation, Napier's UK Distributor. The SV35A paint stripper has received inclusion in the FEDEX parts manual allowing refurbishers to use Napier product on its fleet without prior approvals. TWA has re-ordered product. The airline is in the process of repainting its entire fleet and as a result, Napier expects increased volumes from the account. In recent tests on European aerospace paint systems, Napier's PMA was found to be the only Environmentally Advantaged paint stripper effective at coating removal. Napier continues to increase market share in the aerospace refurbishing industry at a rate of between five and eight new accounts per month while retaining its existing client base. Management is encouraged by the continued success of its product in the aerospace industry and look forward to announcing further contracts with major carriers. Overall, November 1999 sales continued a 300% rate of growth over the previous year. ON BEHALF OF THE BOARD OF DIRECTORS Bradley T. Aelicks, Chairman/Director The Toronto and Canadian Venture Stock Exchanges neither approve nor disapprove the contents of this news release which was prepared solely at the discretion of management. Contact: Napier International Technologies Inc. Jason Cubitt, 604/801-6664 or Napier International Technologies Inc. Don Mosher, 604/801-6664 Websites: www.napierintl.com www.biowash.com

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