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Gold/Mining/Energy : International Hi-Tech (IHI) -- Ignore unavailable to you. Want to Upgrade?

To: Ronald P. Margraf Sr. who wrote (441)	2/1/2001 8:29:17 AM
From: Raja	Respond to of 461

IHI Joint Venture News: Second Round of License Agreements Commences with Announcement of Two New IHI Factories in the U.S. ihi.ca

To: Ronald P. Margraf Sr. who wrote (441)	3/7/2001 7:44:39 AM
From: Raja	Respond to of 461

News Releases - Wednesday, March 07, 2001 IHI's Update - Commencement of Operation of Robotics; Show Home & Factory Office Ready for Scheduled Delegations =========================================================================== 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 * * * * * * * * THE CANADIAN VENTURE EXHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. =========================================================================== 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 ===========================================================================