International Barrier Technology Announces Sales Agreement
by Anonymous

Watkins, MN, and Vancouver, BC, December 16 2003--International Barrier Technology, Inc. ("Barrier") (IBTGF: OTCBB; IBH: TSX-V), a provider of environmentally friendly fire resistant building materials, has completed a sales agreement with Mule-Hide Products Co., Inc. ("Mule-Hide"), a supplier of commercial roofing products. The agreement grants Mule-Hide the exclusive right to market, sell, and distribute Blazeguard®, Barrier's proprietary fire resistant wood panel, into the commercial modular roofing market. Mule-Hide has agreed to a minimum target purchase volume of two million square feet to maintain exclusivity for calendar 2004, the first year of the agreement.


About International Barrier Technology, Inc.

International Barrier Technology, Inc. develops, manufactures, and markets proprietary fire resistant building materials branded as Blazeguard®. The award-winning Blazeguard wood panel uses a patented, non-toxic, non-combustible coating with an extraordinary capability: it releases water when exposed to the heat of fire. The panels exceed International Building Code requirements in every targeted fire test and application, and are unique in combining properties that increase panel strength and minimize environmental and human impact. Blazeguard customers include Centex (CTX: NYSE), D.R. Horton (DHI: NYSE), KB Home (KBH: NYSE), and Lennar (LEN: NYSE). Lowe's Companies (LOW: NYSE) and Stock Building Supply are Blazeguard distributors.

Barrier is part of the DJ Building Materials Index (US):
http://bigcharts.marketwatch.com/industry/bigcharts-com/stocklist.asp?bcind_ind=bld&bcind_period=3mo






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