For Immediate Release – March 5, 2003
Toronto, Ontario – Spectra Inc. (SSA: TSX Venture) has granted options to management and employees to purchase up to 850,000 common shares pursuant to the Corporation’s Stock Option Plan. The options carry an exercise price of 10 cents per share, expiring March 4, 2008. Additionally, Spectra Inc. has granted options to two Consultants to purchase up to 450,000 common shares at an exercise price of 10 cents per share, expiring March 4, 2005.
Spectra Inc. is a vertically integrated supplier of innovative products and services to the Commercial Transportation Industry and the Professional Trucker. Spectra’s product line increases productivity, reduces maintenance costs and improves fleet safety and includes Brake SafeTM and SureStroke TM, visual brake stroke indicators, Brake InspectorTM, a new, advanced electronic air brake diagnostic system and the Termin-8R® line of anti-corrosion and extreme pressure lubricants. For more detailed product information, visit Spectra’s web site.
On behalf of the Board of Directors,
Andrew J. Malion, Chairman, Spectra Inc. www.spectra-ssa.com
Investor Relations: 1-800-308-5255 E-Mail: ssa@spectra-ssa.com
The TSX VENTURE Exchange has neither approved nor disapproved the information contained herein |
