News Releases - Wednesday, March 07, 2001
IHI's Update - Commencement of Operation of Robotics; Show Home &
Factory Office Ready for Scheduled Delegations
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Equipment Update
The Board of Directors of International Hi-Tech Industries Inc. ("the
Company") is pleased to announce that the installation of IHI's
computerized robotic welding and cutting system is now complete. A very
high level of accuracy for the vertical leveling of all gantries has been
achieved - to a tolerance of one-half millimetre (1/50th of an inch)
throughout each robotic cell. This level of accuracy is an essential
feature of the Hi-Tech system, enabling it to provide a range of production
efficiencies previously not attainable in the construction industry.
Testing of robotic panel welding is presently underway and will continue
for the next four weeks. The output will be used to fulfill part of the
panel order for the oil industry announced in the Company's January 8, 2001
news release. Most important, the robotic welding will be the focal feature
for the scheduled international delegations coming to witness first-hand
the world-wide unique automated welding production system.
The automated industrial conveying equipment has now arrived at the
factory. The conveyor will feed structural steel tubes and roll-formed
angles to the robotic cells and the automated double servo saw-cutting
system.
Show Home and Office Furnishings Complete - Delegations to Arrive
As the Company commences its targeted commercial production, the Company
has decided to open the factory offices area as well as the Vancouver Show
Home, which have both been furnished and are ready to receive the
above-mentioned delegations. The Show Home, located at 846 W. King Edward
Avenue in Vancouver, has also recently been professionally landscaped.
Details of the above leading delegations (ranging from leading structural
earthquake engineers to international strategic marketing, financial and
political planners) will be announced in future news releases. New photos
of both the factory robots and the Vancouver Show Home are now posted on
the Company's website at www.ihi.ca.
Patent News
Roger A. Rached, President of... IHI, is pleased to announce that Patent #
PCT/LR2000/00016 has been accepted in Liberia under the title "Earthquake,
Wind Resistant and Fire Resistant Pre-Fabricated Building Panels and
Structures" , and that a further patent has been allowed in Romania. The
Company is expecting to announce major patent news in the near future.
International Hi-Tech Industries Inc. is a company whose principal business
is the development and commercialization of a new building system in
Canada, and internationally through its subsidiary, IHI-International
Holdings Ltd.
ON BEHALF OF THE BOARD OF DIRECTORS
ROGER A. RACHED, PRESIDENT
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THE CANADIAN VENTURE EXHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Copyright (c) 2001 INTERNATIONAL HI-TECH INDUSTRIES INC. (CDNX:IHI, OTCBB:
IHITF) All rights reserved. For more information visit our website at
ihiintl.com or send mailto:info@ihiintl.com
Message sent on Tue Mar 6, 2001 at 11:43:14 PM Pacific Time
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