Alberta Surface Systems Ltd. Enters Into Agreement With Hacker Industries Inc.CALGARY, Alberta--(BUSINESS WIRE)--Nov. 19, 1996--Alberta (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). ABS.)--Alberta Surface Systems Ltd. is pleased to announce that it has entered into a License agreement with Hacker Industries, Inc. of Newport Beach, California Newport Harbor redirects here. For the MTV reality series, see . Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. . The executed license agreements received on November 15, 1996 grants Alberta Surface Systems Ltd. the rights to market and apply "FIRM-FILL" and "GYP-SPAN" floor underlayment products in Western Canada
Western Canada, commonly referred to as the West . Hacker Industries, Inc. is a recognized industry leader in the supply of floor underlayment materials for over 25 years. Their products have a proven track record with over 1/2 billion square feet applied on projects throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "FIRM-FILL" is a self leveling, lightweight gypsum gypsum (jĭp`səm), mineral composed of calcium sulfate (calcium, sulfur, and oxygen) with two molecules of water, CaSO4·2H2O. It is the most common sulfate mineral, occurring in many places in a variety of forms. concrete floor underlayment designed to provide a smooth, flat subfloor for virtually any finished flooring material. "FIRM-FILL" is normally applied between 1/8" to 3 1/2" in thickness over both concrete and wood subfloors, is ULC ULC Up (Stage) Left Center ULC Universal Life Church ULC Underwriters' Laboratories of Canada ULC Ultra Light Client ULC Ultra Low Cost (cellular phone) ULC Urban Libraries Council fire rated and provides an acoustic sound barrier. Expected markets include new building construction projects, condos, apartments, senior citizen complexes and renovation/retrofit projects. "GYP-SPAN" is specially designed to overlay radiant floor heating systems. Typical overlays would normally be approximately 1 1/2" above the existing wood or concrete sub floor or 3/4" above heat tubing. Expected markets would be renovation/retrofit projects, residential basements and other building structures where infloor radiant heat systems are being installed. It is anticipated that the addition of these two new product lines will provide the Company with winter work capability and year round cash flows. Alberta Surface Systems Ltd. is an Alberta based company trading on the Alberta Stock Exchange under the trading symbol Trading symbol See: Ticker symbol "ABS". It is currently engaged in the repair of concrete surfaces. -0- The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Alberta Surface Systems Ltd. John Paul, 403/297-9898 403/297-9895 (FAX) |
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