BURNABY, BC, March 1, 2016 /CNW/ - IWG Technologies Inc. (IWG) has achieved 2016 recognition as a Top 50 company on the TSX Venture exchange. This achievement reflects share price growth, market cap increase, and trading volume. As announced in the release of the fiscal 1st quarter 2016 results, IWG has achieved 14 consecutive quarters of profitability which has been recognized by the investment community.
"This achievement is the result of the efforts of the IWG team in continuing to meet customer expectations. It is also due to those investors who have shown confidence in IWG being able to continue the growth path we have been on for the past five years. I would like to thank both groups for helping IWG achieve this milestone." says Bruce MacCoubrey, President of IWG Technologies Inc.
"IWG appreciates the continued support of our customers in purchasing our core products and working with IWG to bring new products to the marketplace" says Darryl Jacobs, President of International Water-Guard Industries, Inc.
IWG Technologies Inc. is the public holding company for International Water-Guard Industries Inc., a Canadian aerospace company focused on aircraft potable water treatment, water systems, water heaters and components. IWG has expertise in all aspects of water treatment, has the products and know-how to provide high quality water for passengers and crew, and lightweight, space-saving solutions for the aircraft operator.
On behalf of the Board of Directors
Chairman of the Board
NEITHER THE 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.
TSX VENTURE: IWG
SOURCE IWG Technologies Inc.
For further information: IWG Technologies, Inc., Unit One - 3771 North Fraser Way, Burnaby, BC V5J 5G5 Canada, Tel: (604) 255-5555, Fax: (604) 255-5685, www.iwgtech.com; Investor Relations: The Howard Group Inc., Jeff Walker / Grant Howard, Toll Free: 1-888-221-0915, [email protected], www.howardgroupinc.com