Overall sales revenue generated for the month of August 2016 was 76% higher relative to the revenue generated in August 2015
Monthly Sales Revenue and Sales Volumes for the period ending August 31, 2016 September 19, 2016 - International Barrier Technology Inc. (“Barrier”) (IBTGF: OTCQB; IBH: TSXV), a manufacturer of proprietary fire-resistant building materials has released monthly sales revenue and sales volumes results for the period ending August 31, 2016. Overall sales revenue generated for the month of August 2016 was 76% higher relative to the revenue generated in August 2015 ($1,049,083 vs. $596,288). Sales revenue into the Residential Roof Deck/Wall Assembly/Structural Insulated Panel market increased 88% and Revenues into the Commercial Modular industry, increased by 42%. Sales volume, as measured by the surface area of product treated, increased 74% to 2,663,344 sq. ft. versus the 1,530,160 sq. ft. shipped in August 2015. Volumes shipped into the Residential Roof Deck/Wall Assembly/Structural Insulated Panel markets increased 84%, while shipments into the Commercial Modular market were 42% higher than in August 2015. This was the second highest monthly shipment volume in Barrier history. The additional FlameBlock® Fire-Rated OSB Sheathing line in Clarke County Alabama remains on target to begin commercial production in the near term
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