IWG Announces Settlement of Lawsuit with Bombardier

BURNABY, BC, April 1 /CNW/ - International Water-Guard Industries Inc. today announced that the company and Bombardier Inc. have settled the pending patent infringement lawsuit between them in Canada. The patent infringement action and counterclaim have been discontinued in the Federal Court and the terms and conditions of the settlement are confidential.

International Water-Guard is a Canadian aerospace company focusing on aircraft potable water treatment and full water system solutions. IWG has expertise in all aspects of water treatment, and has the products and know-how to provide high quality water for passengers and crew, and light weight, space saving solutions for the aircraft operator.

On behalf of the Board of Directors
International Water-Guard Industries Inc.

"David C. Fox"
President and CEO

This news release contains certain forward looking statements that reflect the current views and/ or expectations of IWG with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions, which may cause actual results to be materially different from those expressed or implied.  IWG assumes no future obligation to update these forward looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

TSX VENTURE: IWG

 

 

 

SOURCE International Water-Guard Industries Inc.

For further information:

International Water-Guard Industries Inc.   
Unit One - 3771 North Fraser Way,
Burnaby, BC V5J 5G5 Canada
Tel: (604) 255-5555, 1-800-667-0331,
Fax: (604) 255-5685
www.water.aero
Investor Relations: The Howard Group Inc.
Bob Beaty / Grant Howard
Toll Free: 1-888-221-0915
Info@howardgroupinc.com
www.howardgroupinc.com

 

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International Water-Guard Industries Inc.

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