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


To: Random Walk who wrote (1804)10/6/1998 10:41:00 AM
From: Greg from Edmonton  Respond to of 2444
 
Yesterday news appeared at Canada Stockwatch on NIR, does anybody have a subscription where they can view the complete article and post it here?

[Edit] never mind, that was the same article which appeared from Business In Vancouver (posted earlier).



To: Random Walk who wrote (1804)10/6/1998 11:09:00 AM
From: Ginco  Read Replies (1) | Respond to of 2444
 
IMO-Charts don't apply for Napier,Charts tell you what happened
to many factors for the future,ICI,K&G,TWA,other airlines,ect..
What applies,like you state, are developments this company has had and will have.
This sums it up.

Paint-stripper manufacturer strikes lucrative deals
Napier International Technologies Inc.
Napier's story is a simple one: the development and sales of paint
stripping and wood coating chemicals and cleaners, including
SV-35 stripper, which the company claims is non-toxic,
non-hazardous and biodegradable. The stock first showed some
life in September of 1997, soon after the company announced its
flagship product - SV-35 - had met manufacturer's specifications
for paint strippers set by Boeing.
"That's what started the momentum for us", says president Brad
Aelicks. After getting feedback from the industry that December,
the product was reformulated to be even stronger. The next
market driver was the April announcement that Napier was
entering into formal talks with ICI Canada Inc. - which controls
the Glidden and Dulux paint brands - to discuss a private label
distribution deal for Napier's stripper. That agreement was inked
this August and Aelicks expects the first product to hit the shelves
in some 167 retail outlets by the end of October. Negotiations for
global distribution are ongoing but Aelicks hopes to have stock on
shelves around the globe by the end of the calendar year.
Also in August, the company announced it had a manufacturing
and packaging deal with K-G Packaging, a division of CCL
Industries, which includes packaging SV-35 in spray cans for the
home market.