Napier Receives More Record-Breaking Orders
25 June 1999
Napier Receives More Record-Breaking Orders
VANCOUVER, British Columbia--June 24, 1999-- Napier International Technologies Inc. (TSE:NIR) is pleased to report that it has received the largest single product order in its corporate history.The order is for a full compliment of Napier's environmentally friendly stripping products that will fill two containers for overseas shipping to Norway.
Napier's Scandinavian distributor, Environmental Coatings Removal Associates (E.C.R.A.) has received such broad-based support from multiple industry applications that they have completely sold out their first four orders and have requested immediately a fifth air-delivered shipment to maintain inventory while the two containers of product are being sea freighted.
The E.C.R.A. orders exceed $150,000 and will contribute significantly to another record-breaking revenue month for Napier.
In fact, Napier has already booked over $400,000 in orders this quarter rivaling last quarter revenues of $439,000 and we are just over half way into the quarter.
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.