Thursday, 8 September 2011

IWG Technologies - Growing A Market It Knows Best

IWG Technologies (TSX-V: IWG)
Basic Shares: 38.1 million
Fully Diluted: 45.6million


Business in Vancouver recently published an article on International Technologies growth plans, featuring an interview President and CEO, David Fox.

The article discusses IWG's recent acquisition of an aviation water heater product line from U.S. based Keltech Inc. The water heating technology for aircraft compliments IWG's aviation water treatment systems that it has been selling since 1982.

IWG is looking for further acquisitions focusing in a market subsection it knows best: products and systems that are used in aircraft interiors.

David Fox is quoted as saying that "we're looking throughout the aviation world at products and technologies that are complementary to the things that we're doing."