EDMONTON, Nov. 18 /CNW/ - Resin Systems Inc. (RS - TSX Venture /
RSSYF - OTCBB), a composite material products technology company ("RS"), today
announced that it has granted stock options to each of its four independent
board members to acquire 15,000 common shares of RS at an exercise price of
$2.40 per share and vesting on the twelve month anniversary of the date of
grant, exercisable for a period of five years.
About RS
RS operates in the composite material products marketplace and provides
engineered solutions that are developed with its proprietary input materials,
equipment and processes. The foundation of these solutions is based on the
company's patented polyurethane Version(TM) resin system. RS is continuously
building on this foundation through additional patent pending and trade secret
knowledge. The company's engineered solutions are developed and implemented in
three distinct technology platforms, one of which is filament winding, which
has resulted in the development and production of the RStandard(TM) modular
composite utility pole. RS is in the process of commercializing the RStandard
for sale to power utility companies both domestically and internationally. The
RStandard modular composite utility pole application is winner of the 2005 ACE
award from the American Composites Manufacturers Association for the most
creative application and innovative use of composites material. For the latest
on the company's developments, click on 'Latest News' on www.grouprsi.com.
"Version" and "RStandard" are trademarks of Resin Systems Inc.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
This release is available on the KCSA Public Relations Worldwide Web site
at www.kcsa.com.
