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Press Releases
June 9, 2004
June 9, 2004 — IWT Tesoro Corporation (OTC BB: IWTT), a leading provider of ceramic, porcelain and natural stone wall and floor covering materials through our subsidiary International Wholesale Tile (IWT), today announced that the Editorial Board of Standard and Poor’s (S&P) has approved IWT Tesoro Corporation for a complete corporate listing and description in Standard and Poor’s Register of Corporations.
In addition to the listing, IWT Tesoro Corporation will have its corporate description published in Standard and Poor’s Daily News Section. Standard and Poor’s will also initiate financial coverage of IWT Tesoro Corporation as part of the S&P Market Access Program, including coverage of IWT Tesoro Corporation on S&P’s Web site, www.advisorinsight.com, S&P Marketscope, and the electronic version of S&P Stock Guide database. Furthermore, the S&P coverage will appear on the frequently visited OTC Bulletin Board Web site www.otcbb.com.
Standard and Poor’s Register of Corporations is a recognized securities manual for the Blue Sky Standard Manual Exemption for secondary trading in more than 35 states. IWT Tesoro Corporation’s listing in Standard and Poor’s Register of Corporations is expected to assist the brokerage and investment communities in making a market for IWT Tesoro Corporation’s stock. It is recommended that brokers check with their compliance officers or legal counsel for applicable Blue Sky laws and regulations pertaining to them.
Henry “Bud” Boucher, chairman and CEO of IWT Tesoro Corporation said, “We are pleased to be affiliated with Standard & Poor’s, a leader in global financial information and investment analysis. The financial information, analytics and real-time market analysis and commentary it provides will be invaluable for IWT Tesoro Corporation and its shareholders.”
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