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International Barrier Reports Sales Growth of 187% to $1.3 Million in Fiscal...
International Barrier Reports Sales Growth of 187% to $1.3 Million in Fiscal Third Quarter
Fire Resistant Building Material Manufacturer Achieves Record Quarter and Nine Month Revenue
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 26, 2004 --
International Barrier Reports Sales Growth of 187% to $1.3 Million in Fiscal Third Quarter
Fire Resistant Building Material Manufacturer Achieves Record Quarter and Nine Month Revenue
International Barrier Technology Inc. (Barrier) (IBTGF: OTCBB; IBH: TSXV), a manufacturer of proprietary fire resistant building materials, achieved record quarterly and nine-month revenue for the fiscal quarter and nine months ending March 31, 2004. Fiscal third quarter revenue was $1,327,664, a year-over-year increase of 187.1%. Year-to-date revenue of $2,454,018 reflects a 50.2% increase compared to the same period in fiscal 2003 and has already exceeded the one-year revenue record of $2,313,853 established in 1994. The new distributor relationship with Mule-Hide Products Co., Inc., a leading supplier of commercial roofing products, was a contributing factor in this sales growth.
Full details at http://www.investorideas.com/Companies/ViewDocument.asp?ID=1895
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Industry: Business Services

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