Tuesday, 16 June 2009

Gulfstream Tips Its Corporate Hat to IWG

International Water-Guard (TSX-V: IWG)
Basic Shares: 39.3 million
Fully Diluted: 46.5 million

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By creating great technology and employing lots of elbow grease at the service end, International Water Guard received its third consecutive award from one of the biggest corporate jet manufactures in the world.

The "2008 Supplier of the Year" award was handed to IWG by Gulfstream Aerospace Corporation.

"Once again, we are pleased and proud to receive this recognition," IWG President and CEO David Fox said.

"... This shows the close ongoing relationship that has developed between IWG and Gulfstream," he added.

Earlier this month, IWG announced it had sent its most advanced aircraft water treatment system to Gulfstream to be installed on the factory floor into Gulfstream's latest corporate jet, the G650.

The latter plane is the fastest non-military jet flying and when it was unveiled last year, press reports had it selling for nearly $60 million US.

To read the full news release, please click here.