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Gold/Mining/Energy : Canadian Microcaps

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To: diddlysquatz who started this subject10/4/2003 1:08:13 AM
From: diddlysquatz  Read Replies (1) of 817
 
Here is a company I currently own. They have nice year over year revenue and earnings growth numbers and should come in around $0.10 - $0.11 eps for this calendar year. Trading at $0.62.

ITI-V

Int'l Technologies becomes MPIO Canadian distributor

2003-10-03 11:12 ET - News Release

Mr. Fred Baldwin reports

ITC SIGNS EXCLUSIVE DISTRIBUTORSHIP WITH DIGITALWAY

International Technologies Corporation's agency agreement with DigitalWay Inc., as previously announced in Stockwatch on June 24 and July 14, 2003, has been modified. The new agreement appoints ITC to become the exclusive Canadian distributor for all of DigitalWay's MPIO products.

"These products continue to meet strong customer demand," stated Michael Uhm, chief executive officer of International Technologies Corporation. "The awarding of an exclusive relationship for the Canadian sales territory is a significant achievement for ITC. Manufacturers are extremely reluctant to enter into exclusive arrangements. Our sales success with the DigitalWay product line has surpassed their expectations and they are pleased with our performance. ITC will be instrumental in establishing the MPIO brand in Canada."

DigitalWay's (Korea) MPIO product line includes portable digital audio products (Flash-type MP3 players, MP3 CDP, HDD-type MP3 and voice recorders) and digital video products (digital cameras, digital camcorders, DAB and home A/V). DigitalWay products are sold worldwide and they command in excess of a 30-per-cent market share in Asia and over a 10-per-cent market share in the United States.

WARNING: The company relies upon litigation protection for "forward-looking" statements.
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