International Technologies Corporation

International Technologies Corporation

March 15, 2005 09:00 ET

ITC's U.S. Subsidiary Secures New Monitor Orders for McDonalds


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: INTERNATIONAL TECHNOLOGIES CORPORATION

TSX VENTURE SYMBOL: ITI

MARCH 15, 2005 - 09:00 ET

ITC's U.S. Subsidiary Secures New Monitor Orders for
McDonalds

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - March 15, 2005) -
International Technologies Corporation (TSX VENTURE:ITI)

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

International Technologies Corporation ("ITC"), announced today that
monitor sales are accelerating as its United States subsidiary, Hansol
Technologies Corp., ("HTC") secures orders to supply liquid crystal
display ("LCD") monitors to multinational food chain, McDonalds
Corporation.

McDonalds is purchasing 15" LCD monitors to furnish its restaurants
across the United States with plans to migrate to the 17" models.

The McDonald's purchase is evidence of the market's shift from
conventional cathode ray tube ("CRT") to LCDs as LCD sales have
increased and prices are now more affordable. This trend has prompted
companies across North America to begin replacing their outdated CRT
monitors with the sleek LCD monitors that are more ergonomic, require
less desktop real estate, are easier on the eyes and use less power
consumption.

"Due to McDonald's sheer size and purchasing power, they are buying
approximately 200 to 400 of our LCD monitors a month and we expect
similar orders to continue throughout the year," commented Billy Tseng,
Vice President of HTC.

ITC's United States customer roster now includes companies such as
Northrop Grumman Corporation, Insight Enterprises Inc., GTSI Corp.,
Ikegami Electronics Co., Ltd., ADI Corporation and Vernex Inc., to name
a few. In addition, Compaq/HP uses ITC's monitors in its computer bundle
offerings.

"We anticipate a record year in monitor sales thanks to increased demand
for flat screens across the United States and Canada," said Michael Uhm,
ITC's President and CEO. He added, "LCD monitor sales are expected to
top CRTs as customers replace their old, clunky CRT models. ITC delivers
quality product, competitive pricing and the consistency of service that
our customers have come to depend on. We will continue to grow our
business based on these core principles."

DisplaySearch, a leading flat panel display research firm, indicated in
its latest Quarterly Desktop Monitor Shipment and Forecast Report that
worldwide LCD desktop monitor shipments rebounded in Q3'04, overtaking
CRT monitors with a 50% to 49% advantage on 12% quarter over quarter and
31% year over year growth to 16.9 million units. The firm predicts that
the market will grow even larger, reaching a total worldwide penetration
rate of 66% in 2005, up from 51% in 2004.

About ITC

International Technologies Corporation (www.itcco.com) is a leading
importer and distributor of advanced consumer electronics and computer
products. The Company has a manufacturer-direct relationship that
provides savings and other significant advantages on to its customers.

ITC holds the exclusive rights to distribute product to the North
American marketplace through its relationship with Hansol Korea. The
Company also has agreements in place to deliver MPIO branded products
exclusively to the Canadian market and to the United States on a non
exclusive basis.

Statements in this release that are forward looking involve known and
unknown risks and uncertainties, which may cause the company's actual
results in future periods to be materially different from any future
performance that may be suggested in this release. The company assumes
no obligation to update any forward-looking statements contained in this
release.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Activ8 Corporate Relations
    Loa Fridfinnson
    (604) 687-2004 or 1-800-303-3367(toll-free)
    ir@itcco.com
    or
    International Technologies Corporation
    Mr. Fred Baldwin
    Chief Financial Officer
    (604) 247-1202
    fbaldwin@itcco.com
    www.itcco.com
    or
    Brisco Capital Partners
    (403) 262-9888
    investor.info@shaw.ca
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the contents herein.