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RESIN SYSTEMS INC

RESIN SYSTEMS INC:

SCRIPT BTV SHOW 86 2003

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SCRIPT

TAYLOR

UP NEXT RESIN SYSTEMS INC. WITH THE ONLY ONE HUNDRED PERCENT ENVIRONMENTALLY SAFE PRODUCT ON THE MARKET TODAY.

GREG

REALLY WHAT WE WANTED TO DO IS TO SHOW THE COMPOSITE INDUSTRY WHAT OUR RESIN CAN DO UNDER PROPER DESIGN CONDITIONS.

NARRATOR

YOU ARE WATCHING BUSINESS TELEVISION.

TAYLOR

RESIN SYSTEMS INC. IS A CHEMICAL TECHNOLOGY COMPANY WEVE FEATURED IN THE PAST. THEYVE SURVIVED ADVERSITY AND THEY ARE NOW POISED FOR THE BIG TIME. THEIR PATENTED TECHNOLOGY PROMISES TO REVOLUTIONIZE THE COMPOSITE INDUSTRY AND JUST WHAT IS A COMPOSITEJUST WATCH. THIS IS RESIN. WHEN COMBINED WITH GLASS FIBRES CREATES FIBREGLASS, OFTEN REFERRED TO AS PLASTICS. COMPOSITES CAN BE MADE INTO JUST ABOUT ANY PRODUCT YOU CAN THINK OF, FROM BUILDING MATERIALS TO SPORTING GOODS USED EVERYWHERE AROUND THE WORLD. AN EDMONTON COMPANY, RESIN SYSTEMS INC. HAS DEVELOPED A PROPRIETARY LINE OF UNIQUE POLYURETHANE BASED RESINS.

DAVID

NOW WEVE GOT THIRTEEN YEARS OF EXPERIENCE IN DEVELOPING POLYURETHANE FORMULAS FOR PAINTS AND COATINGS AND THERE ARE INDUSTRIAL COATINGS USED FOR PROTECTING TANKS AND ACID TANKS AND SALT TANKS AND WE SHIFTED INTO THE COMPOSITE INDUSTRY BASED ON OUR KNOWLEDGE BASE OF BEING ABLE TO BRING A SUPERIOR PRODUCT WITH NO V.O.CS TO THAT MARKET PLACE.

GREG

THE PAST SIX MONTHS HAS SEEN COMPLETION OF OUR DESIGN FOR OUR N.V.S. HOCKEY SHAFTS AND ALSO COMPLETION OF DESIGN FOR OUR UTILITY POLES. IN ADDITION TO THAT PRODUCTION HAS STARTED ON BOTH THE HOCKEY SHAFTS AND THE UTILITY POLES. THE THIRD AND REALLY EXCITING VENTURE OF THE LAST SIX MONTHS HAS BEEN OUR JOINT VENTURE WITH EUROPROJECTS, A U.K. COMPANY, AN ENGINEERING DESIGN FIRM AND IT WILL HAVE FAR REACHING IMPLICATIONS FOR OUR FUTURE.

GERRY

THE JOINT VENTURE WITH R.S.I. IS A PARTICULARLY GOOD OPPORTUNITY FOR A SMALL BUSINESS LIKE EUROPROJECTS. WE HAVE A NUMBER OF KEY TECHNOLOGIES THAT ARE READY FOR COMMERCIALIZATION AND R.S.I IN THIS JOINT VENTURE OFFERS US THE ROOT TO COMMERCIALIZE THOSE PRODUCTS THROUGHOUT THE WORLD. THE WORKING WE ARE DOING WITH R.S.I. IT ALSO ENABLES US TO USE THEIR LATEST VERSION RESINS WHICH OFFER ENHANCED PERFORMANCE IN SOME OF THE PRODUCTS WEVE BEEN DEVELOPING SUCH AS COMPOSITE TRAILERS AND STREET LIGHTS. IN PARTICULAR THE VERSION RESINS OFFER US THE ABILITY TO ENHANCE FATIGUE AND IMPACT PERFORMANCE AND ARE ALSO VERY ENVIRONMENTALLY FRIENDLY TO PROCESS.

DAVID

THE CRITICAL ISSUE IN COMPOSITES IS DAMAGE. YOU KNOW WHAT HAPPENS WHEN YOU RUN OVER A LOG WITH YOUR BOAT? IT RIPS OUT THE HULL. WE HAVE VASTLY SUPERIOR IMPACT RESISTANCE TO THE OTHER RESIN SYSTEMS ON THE MARKET TODAY. THATS WHAT IM GOING TO SHOW YOU HERE IS IM JUST GOING TO TAKE AND IM GOING TO WHACK ON TO THIS AND IM GOING TO TURN IT OVER AND HIT IT WITH THE BALL SIDE. NOW AS YOU WILL SEE IS THERE IS VERY MINIMAL DAMAGE ON THE SURFACE AND YOU WILL NOTICE THE INSIDE OF THE PIPE IS NOT DAMAGED AS WELL. WITH COMPETITIVE PRODUCTS THERE WOULD BE DAMAGE THROUGHOUT THE STRUCTURE. WEVE TEAMED WITH ONE OF OUR CUSTOMERS TO COME UP WITH A UNIQUE HOCKEY SHAFT DESIGN SO IT FEATURES OUR RESIN SYSTEM WHICH GIVES IT ITS TOUGHNESS AND DURABILITY AS WELL AS A REALLY GOOD FEELING STICK AND WEVE ALSO COMBINED THAT WITH A TECHNOLOGY THAT IS A CONTINUOUS BRAID. THE OTHER SHAFTS ALL HAVE SEEMS. THE SEEM IS A TYPICAL PLACE FOR A HOCKEY SHAFT TO BREAK, SEEMS AND CORNERS. THERE ARE NO SEEMS ON OUR SHAFT ANYWHERE SO HOW DO YOU PROVE IT? WE WENT TO THE UNIVERSITY OF OHIO AND THEY DID A FALLING BALL IMPACT TEST DUPLICATING A SKATE. WE CAN SEE A SIGNIFICANT DIFFERENCE, SO WE CAN SEE THE DE-LAMINATION HERE AND THERE IS NO DE-LAMINATION AT ALL IN THE VERSION SHAFT.

GERRY

THE TECHNOLOGIES THAT WE ARE LOOKING TO INITIALLY COMMERCIALIZE ARE THE VERY LATEST LIGHT WEIGHT, HIGH IMPACT, THERMAL PLASTIC COMPOSITE PANELS. THESE TYPE OF PANELS WILL BE EMPLOYED ON TRUCK BODIES, CARAVANS, MOBILE HOMES, NEW TYPES OF ACCOMMODATION MODULES AND A RANGE OF STRUCTURES INCLUDING LUGGAGE CONTAINERS FOR AIRCRAFT. ANOTHER PRODUCT WE ARE LOOKING TO COMMERCIALIZE IS THE HILLBILLY BOARD. THIS IS AN ALL TERRAIN MOUNTAIN BOARD WHICH ENABLES THE YOUNG TEENAGERS TO TRAVEL DOWN THE SIDES OF HILLS ON ALMOST A SNOWBOARD ON WHEELS AND THIS IS THE NEW EXTREME SPORT AND WE FORESEE AN ENORMOUS FUTURE FOR THAT APPLICATION.

GREG

WE CHOSE THE N.V.S. COMPOSITE HOCKEY SHAFT. FIRST OF ALL ITS A SIX HUNDRED MILLION DOLLAR INDUSTRY IN NORTH AMERICA BUT REALLY WHAT WE WANTED TO DO IS TO SHOW THE COMPOSITE INDUSTRY WHAT OUR RESIN CAN DO UNDER PROPER DESIGN CONDITIONS AND WHAT WEVE DONE IS WEVE BROUGHT TO THE MARKET PLACE A COMPETITIVE HOCKEY SHAFT WHICH IS LIGHTER AND FAR STRONGER THAN THE LEADING COMPETITORS TODAY. OUR SIDE CHOSE TO ENTER THE UTILITY MARKET PLACE BECAUSE OF THE SIZE, MULTI-BILLION DOLLARS IN THE U.S. AND DOUBLE THAT OUTSIDE OF THE U.S. TRADITIONAL MATERIALS SUCH AS STEEL, WOOD AND CONCRETE ARE BEING REPLACED BY COMPOSITES OR FIBREGLASS TODAY AND R.S.I. HAS A SIGNIFICANT ADVANTAGE IN THE COMPOSITE MARKET PLACE. OUR MOTTO STRONGER, LIGHTER, GREENER SIGNIFIES WHERE WE ARE AT IN THE COMPOSITE INDUSTRY. WE HAVE THE ONLY ONE HUNDRED PERCENT ENVIRONMENTALLY SAFE PRODUCT IN THE MARKET PLACE TODAY. R.S.I. IS, WELL FIRST OF ALL ITS GOING TO DEVELOP WORLD WIDE MARKETS FOR ITS UTILITY POLE TECHNOLOGY AND V.S. COMPOSITE HOCKEY SHAFTS. NUMBER TWO; WE ARE GOING TO FOCUS A LOT WITH EUROPROJECTS WITH OUR NEW JOINT VENTURE. EUROPROJECTS CAN BE THOUGHT OF AS A THINK TANK AND BASICALLY THEY HAVE PATENT AND PROPRIETARY TECHNOLOGIES WHICH USED IN CONJUNCTION WITH OUR TECHNOLOGIES WILL I BELIEVE MAKE US A RECOGNIZED WORLD LEADER IN THE COMPOSITE INDUSTRY.

TAYLOR

RESIN SYSTEMS PRODUCTS ARE STRONGER, LIGHTER AND GREENER AND THEY ARE WITHIN A TWENTY BILLION-DOLLAR WORLD WIDE MARKET AND GROWING.