For Immediate Release – July 14, 2005
Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports that it’s wholly owned subsidiary, Spectra Products Inc., has received ISO 9001:2000 certification. In today’s global marketplace ISO registration has become a necessity for companies wishing to conduct International business and succeed on domestic and international levels.
Spectra Products implemented its ISO 9001:2000 Quality Management System (QMS) under the direction of the consulting services division of the Business Development Bank of Canada. The QMS audit and subsequent registration was completed by Intertek Testing Services, the largest product and commodities testing company in the world. Spectra’s quality policy is based on utilizing its physical and employee resources to ensure total customer satisfaction, zero product defects and continuous improvement in all aspects of its operations.
“By achieving the ISO 9001:2000 quality standard, Spectra Products has established both credibility and commitment to the highest level of quality in manufacturing and distributing its Brake Safeâ, Brake Inspectorâ and Termin-8rä product lines,” stated Andrew Malion, Spectra’s Chairman. “An ISO 9001:2000 registered quality system helps to establish a common language and expectation levels between domestic and international businesses, resulting in greater visibility and confidence among existing and potential customers.”
Spectra Products Inc. is the Toronto-based North American designer, manufacturer and distributor of Brake Safe®, the visual brake stroke indicating system and Brake Inspector®, the company’s electronic in-cab air brake diagnostic system. During the recent Operation Air Brake roadside inspections conducted in Canada and the United States, brake defects were found to be the leading cause of vehicles being put out of service, accounting for 69 percent of major defects (source Operation Air Brake Statistics - September 2004). Spectra’s products are gaining increasing recognition and acceptance as demands for enhanced brake safety increase among regulatory authorities and the motoring public.
Except for the historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Corporation’s customers. Actual results and developments may therefore differ materially from those described in this release.
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 |