- Announces Annual General Meeting Date & Location
-
TORONTO,
Feb. 16, 2012 /PRNewswire/ -
Innovative Composites International Inc. ("ICI" or the "Company"),
(TSXV: IC) (OTCQX: ICIZF, a producer of patented protected
composite products targeting the multi-billion dollar prefabricated
modular housing and transportation markets, is pleased to announce
that it was named one of the Top 50 companies listed on the TSX
Venture Exchange for 2012. The Company ranked sixth in the Clean
Technology sector.
"We are honoured to be named to the TSX Venture Top
50 list for the second consecutive year," said ICI's President and
CEO Terry Ball, "This achievement
was the result of the tremendous work done by our management team,
in the execution of our business plan."
About the TSX Venture Top 50
The Top 50 ranks the strongest performers as of December 31, 2011 on the Venture Exchange. It
acknowledges companies that have excelled over the past year and
identifies the top 10 leaders in five industry sectors: Clean
Technology, Diversified Industries, Mining, Oil & Gas, and
Technology & Life Sciences. These companies are ranked
according to:
- Market Capitalization Growth
- Analyst Coverage
- Share Price Appreciation
- Trading Volume.
Annual General Meeting & First Quarter
Results FY2012
ICI invites all interested parties to attend its Annual General
Meeting FY2011. The meeting will be held on Tuesday, March 6, 2012 at 4:30 p.m. ET at the Westin Harbour Castle, 1
Harbour Square, Toronto, Ontario,
M5J 1A6, in the Dockside 1 Room.
ICI intends to release its first quarter results
FY2012 mid to late March to accommodate for the adoption of IFRS
reporting.
About Innovative Composites International
Inc.
Headquartered in Toronto,
Canada, Innovative Composite International Inc. (TSXV:
IC) (OTCQX: ICIZF) is a high-tech engineering and manufacturing
company that is successfully commercializing a patent protected
line of state-of-the-art composite products targeted at the
multi-billion dollar transportation and prefabricated modular
housing markets.
Led by a team of commercialization experts ICI has
adopted a tier two business model: It designs and
manufactures game-changing products and partners with established
companies in its target markets to utilize their sales channels for
faster product roll-out.
This strategy and the superior characteristics of
the products have resulted in rapidly growing sales in both markets
and opened up opportunities that could lead to large scale
contracts on an ongoing basis.
To find out more about ICI please visit our website
at: www.innovativecompositesinc.com.
Follow us on www.waggle.ca
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
"Statements made in this press release include
forward-looking statements that involve a number of risks and
uncertainties. These statements relate to future events or future
performance and reflect management's current expectations and
assumptions. A number of factors could cause actual events,
performance or results to differ materially from the events,
performance and results discussed in the forward-looking
statements, such as the economy, generally, competition in its
target markets, the demand for ICI's products and the availability
of funding. These forward-looking statements are made as of the
date hereof and ICI does not assume any obligation to update or
revise them to reflect new events or circumstances. Actual events
or results could differ materially from ICI's expectations and
projections."
SOURCE Innovative Composites International Inc.