International Technologies Corporation
TSX VENTURE : ITI

International Technologies Corporation

September 25, 2007 14:24 ET

ITC Launches 7" Panel Portable DVD Players At Wal-Mart Canada

RICHMOND, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2007) - International Technologies Corporation ("ITC") (TSX VENTURE:ITI) ("the Company"), announced today it will supply Wal-Mart Canada with a new line of 7" panel MPIO portable DVD players. ITC partnered with the national retailer in the fourth quarter of 2006 when it began selling its MP3 players in Wal-Mart locations across the country.

ITC's feature-rich portable DVD player comes at a time when there is a substantial shortage and large demand for 7" panel display screens. The MPIO-DVD unit is a complete travel solution with multiple entertainment options including the ability to playback most audio and video formats. It comes equipped with a carry bag, car and home adapter, remote control and video/audio output for connection to a large display unit. The device has compact flash, SD memory cards and memory stick compatibility for use with any type of camera. Users are able to enjoy viewing their favorite photos on a television screen by plugging their removable memory card into the DVD device.

"The combination of our MPIO label, popular MP3 players and innovative technologies such as the portable DVD line provides greater selection and increases recognition for our brand with Wal-Mart shoppers. We will continue to deliver exciting, unique digital products to Wal-Mart and look forward to further developing our relationship with them," stated Michael Uhm, ITC's President and CEO.

Founded in 1994 and based in Mississauga, Ontario, Wal-Mart Canada Corp. serves more than one million Canadians each day at its 270 discount stores, 17 Supercentres and six Sam's Club membership operations. With more than 70,000 associates, the company is one of Canada's largest employers and has repeatedly been listed among the 50 Best Companies to Work for in Canada, as published in Report on Business Magazine. Wal-Mart made nearly $12 billion in purchases with more 8,000 Canadian suppliers in 2006.

ITC remains committed to delivering significant value to all members of the supply chain and to providing consumers with leading technology that enhances their digital entertainment experience.

About ITC

International Technologies Corporation (www.itcco.com) is a global supplier of innovative digital audio, multi-media, home entertainment, flat screen monitors/televisions and other advanced electronics products to the consumer and commercial market place. ITC also creates private label and OEM brands for its retail partners. The Company's ability to deliver manufacturer-direct product provides savings and other significant advantages to its customers.

ITC holds the exclusive rights to distribute MPIO products to the North, Central and South American markets in addition to Mexico and Australia through its relationship with Digitalway Korea and has exclusivity on all Hansol Korea LCD monitors sold to the North American market.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, market acceptance of principal products, the impact of competitive products and technologies, the possibility of products infringing patents and other intellectual property of fourth parties, and costs of product development. ITC will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by ITC. (This release is not a solicitation to United States residents to purchase securities in the Company).

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

Contact Information

  • Activ8 Corporate Relations
    Loa Fridfinnson
    (604) 687-2004 or Toll Free: 1-800-303-3367
    Email: ir@itcco.com
    or
    International Technologies Corporation
    Mr. Fred Baldwin
    Chief Financial Officer
    (604) 247-1202
    Email: fbaldwin@itcco.com
    Website: www.itcco.com