EDMONTON, Alberta, Feb. 2, 2004 (PRIMEZONE) -- Resin Systems Inc. ("RSI") (TSX Venture Exchange:RS) (OTCBB:RSSYF), a technology company, today announced that it has received the third and fourth installments of research and development services aggregating $250,000 from the Alberta Research Council ("ARC") pursuant to the collaborative research and development agreement dated April 1, 2002 with the ARC to optimize the commercialization of RSI's Version G Resin System. In consideration for such services, RSI will issue the ARC 306,645 common shares of RSI, subject to regulatory approval.
RSI is a technology company that is actively engaged in the commercialization and further development of composite materials and products throughout the global marketplace.
For more information please contact:
Greg Pendura
President and Chief Executive Officer
Resin Systems Inc.
Ph: (780) 482-1953
Fax: (780) 452-8755
Email: greg@resinsystemsinc.com
www.resinsystemsinc.com
Grant Howard
The Howard Group Inc.
Ph: (888) 221-0915
Fax: (403) 237-8387
Email: grant@ howardgroupinc.com
www.howardgroupinc.com
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