To: Ginco who wrote (2420 ) 3/1/2000 6:42:00 PM From: David in Ontario Read Replies (1) | Respond to of 2444
And now let's turn to today's NEWS... Still want to see those #'s in the FS's. +++++++++++++++ NEWS ANNOUNCEMENT FOR IMMEDIATE RELEASE Napier Secures Landmark Distribution Through Retail Giants Fred Meyer Stores and Home Hardware Vancouver, British Columbia, Canada.... March 2, 2000 Napier International Technologies Inc. (NIR.TSE) (www.napierintl.com)) is pleased to announce that Fred Meyer Stores has placed its initial stocking order for the Bio-Wash One Day DeckTM products and Waste Paint HardenerTM. This is the largest single order in Napier's history, putting product on the shelves of 125 retail outlets by April 1, 2000, and will feature product displays in high visibility aisle "end caps" supported by television, radio and print advertising campaigns. Fred Meyer, a subsidiary of Kroger Co., is based in Portland, Oregon and operates 139 large multi-department stores with concentrated distribution throughout the western United States. The company pioneered the One-Stop shopping concept, carrying products varying from home improvement to food and clothing items with annual sales of approximately $15 billion. The parent company, Kroger Co. headquartered in Cincinnati, operates one of the largest supermarket chains in North America with annual sales exceeding $40 billion. This new affiliation is a strategic distribution alignment for Napier's rapidly expanding product lines which are expected to find unique consumer applications. Additionally Napier's 35% owned subsidiary Consolidated Ecoprogress could benefit from these types of distribution channels for their revolutionary flushable line of feminine hygiene products. Napier International Technologies is also pleased to announce that Home Hardware Inc. has agreed to carry Bio-Wash Waste Paint HardenerTM, Napier's environmentally friendly waste paint encapsulation technology. Home Hardware has the largest chain of hardware stores in Canada generating in excess of $2 billion in revenues in 1999 through their 1100 stores and affiliates. The partnerships dramatically increase Napier's Bio-Wash brand name awareness and distribution in both major population centres and now with a significant presence in rural communities of Canada and the United States. Details can be gained by calling Jason Cubitt or Don Mosher at Napier (604) 801-6664. ON BEHALF OF THE BOARD OF DIRECTORS Bradley T. Aelicks Chairman/Director nir00-06a THE TORONTO STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT