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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: PeFiSt who wrote (2368)10/22/1999 9:19:00 PM
From: Greg from Edmonton  Respond to of 2444
 
Napier International: TV Exposure Increases Profile for BioWash Product Line

biz.yahoo.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 22, 1999-- Napier International Technologies Inc. (TSE:NIR. - news), a world leader of environmentally safe coating removers, is pleased to report that the television show ``Home Check' hosted by nationally renowned home improvement authority Shell Busey, is airing this weekend, a program that will demonstrate the BioWash One Day Deck refinishing products.

The program is formulated to demonstrate the revolutionary water based and wet wood friendly products that permit the homeowner or contractor to restore and refinish wood to like-new conditions with environmentally friendly products in a one-day process. The products include Mill Glaze-Away(TM), Stripex-L(TM) and Natural Deck Oil(TM).

The BioWash products are targeting the $1 billion per year deck care market which involves the regular maintenance of over 40 million decks in North America alone.

Napier is in the final stages of concluding the acquisition of BioWash Products Inc. The acquisition is subject to financing which is anticipated to be announced by month end.

The television program will be aired by BCTV on Saturday October 23rd at 4:00 pm and on other participating CTV affiliates nationally. Check local listings for times.

CHEK 6 TV has also picked up the program which will be aired on Sunday October 24th at 2:30 pm.

The TSE has requested that public companies issue information regarding Y2K compliance and as such the company issues the following:

Year 2000 - Compliance

The company has made all necessary systems upgrades to its financial and accounting systems to be completely year 2000 compliant. This was the Company's only internal vulnerability as its Production and Operations areas do not rely on information technology or computer operated systems. All computers owned by the Company and used by Management and employees are completely Y2K compliant.

The Company has received written confirmation of Y2K readiness from all of its significant raw materials and services suppliers and does not face significant vulnerability in these areas.

To ensure our ability to supply our customers we will have sufficient product in our distribution warehouses to ensure timely delivery to customers should long distance transport become a problem.

Additional detailed information can be gained by calling Jason Cubitt or Don Mosher at Napier (604) 801-6664. Up-to-date information can be found on our web site at www.napierintl.com and www.biowash.com.

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.

Contact:

Napier International Technologies Inc.
Jason Cubitt, 604/801-6664
www.napierintl.com www.biowash.com
nir@direct.ca
or
Napier International Technologies Inc.
Don Mosher, 604/801-6664