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Old 04-11-2018, 10:15 AM   Nav to Top  #11
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Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports the release of its
financial results for the twelve-month period ending December 31, 2017. Revenues for
the twelve-month period ending December 31, 2017 were $1,780,609 compared to
$1,549,112 for the same period in 2016. Revenues for the fourth quarter ending
December 31, 2017 were $448,017 compared to $342,461 in 2016.

Net income was $222,810 during the twelve-month period ending December 31, 2017
compared to $151,912 for the same period in 2016.

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra manufacturers and distributes the new Arrow LoggerÒ brake stroke data logger
that has been designed to enhance the performance of the Brake Safe® system. Spectra
distributes Zafety Lug LockÒ, a lug nut retainer that uses the resistance between wheel
nuts to minimize their ability to rotate and loosen, reducing the risk of wheel damage or
wheel loss and Hub AlertÒ, an innovative heat sensing label that provides an alert for
overheating wheel ends, reducing the risk of bearing failure and corresponding
maintenance and repair costs.

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,
Glen Campbell, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: glen@spectraproducts.ca
Website: 400 Bad Request
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Old 04-11-2018, 10:37 AM   Nav to Top  #12
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SSA.V - Spectra Inc. Year End Results (Financials + MD&A)
Ending December 31st 2017

Note – Q1 2018 results will be released in the next 2-3 weeks with a more accurate picture of financials. This is due to Michael Faye leaving end of 2017(large expense gone) and Glen Campbell taking debt from DVOF to help reduce payments and extend deadline to 2020(Announced December 2017).

Current Stock Price: $0.03
Common Shares: 60,509,971
Insider Holdings: 6,855,591 or 11.3%
Institutional Holdings: 18,133,000 or 30% - DVOF Debenture Holder

ASSETS
Cash: $54,811
Accounts Receivable: $244,200
Inventories: $175,883
Prepaid Expenses: $4,737
Total Assets: $479,631 (2016 - $417,393)

LIABILITIES
Accounts Payable: $140,207
Royalty Debenture: $629,028
Preferred Shares: $556,430
Total Liabilities: $1,325,665 (2016 - $1,486,237)

Performance
Sales: $1,780,609 (2016 - $1,549,11)
Cost of sales: $762,500
Gross Profit: $1,018,109
Debt Extinguishment: $30,423
G&A Expenses: $825,722
Net Income: $222,810 (2016 - $151,912)

MD&A Highlights From Year End Results

Cash Flow Earned In Operations (Page 4)
2014 - $107,922
2015 - $81,815
2016 - $188,897
2017 - $275,065

Revenue
Twelve months ended December 31, 2017 Revenue for the twelve months ended December 31, 2017 increased by 15 percent to $1,780,609 compared to revenue of $1,549,112 for the twelve months ended December 31, 2017. The increase in revenue is attributable to increased sales of all major product lines.

Net income
Year ended December 31, 2017 The net income for the year ended December 31, 2017 was $222,810 or $0.00 per share basic and fully diluted compared to net income of $151,912 or $0.00 per share basic and fully diluted for the year ended December 31, 2016.

Liquidity and Cash Flow
Twelve months ended December 31, 2017 For the twelve months ended December 31, 2017, the Company earned $275,065 in operating activities compared to earning $188,897 in 2016. Non-cash items during the twelve months contributed $75,812 compared to $100,726 in 2016. $150,000 was repaid on loans payable during the year and $150,000 of preferred shares were repurchased for cancellation. These all resulted in a net decrease in cash resources of $24,935 and a cash resources balance at the end of the period of $54,811. During the equivalent twelvemonth period in 2016 the Company showed a net increase in cash resources of $35,897 and a cash resources balance at the end of the year of $79,746

The Company‘s current cash and cash equivalents are expected to meet the anticipated need for ongoing expenses, working capital and capital expenditures. In the event the Company’s cash and cash equivalents are insufficient, the Company may seek additional financing as required to provide working capital, inventory and capital equipment necessary to implement its business plan.

Management believes that the strong functional and competitive capabilities of its Brake Safe®, Brake Inspector®, Termin-8r® Zafety Lug Lock®, Hub Alert® and Arrow Logger™ product lines will improve the Company’s long-term profitability.

OUTLOOK
The Company continues to focus its efforts on expanding the present market for its products while introducing those products into new markets as well as seeking out new products to compliment our other offerings.

The Company’s Brake Safe® product is well established in the Canadian market and inroads are now being made into the lucrative American market. With the implementation of its new, aggressive, safety enforcement and monitoring program, CSA (Compliance, Safety, Accountability), the Federal Motor Carrier Safety Administration is bringing the focus onto unsafe Carriers and unsafe Drivers in the US transportation industry. A significant increase in roadside enforcement, citations and fines for all driver and vehicle violations will impact positively on the sales growth of Brake Safe® products. A program has been developed to educate companies of these enforcement changes and the resulting increased intervention by regulatory agencies in order to capitalize on sales opportunities for Brake Safe®.

The Company’s Termin-8R® product continues to receive strong industry acceptance with a corresponding growth in sales to the transportation segment. The second private label arrangement, introduced in 2010 and made for a major supplier to the commercial transport industry, is proving to be a strong performer with 2017 private label sales, by dollar amount, now being 80% of total Termin-8R® product sales and 27% more than that of the previous year. The company believes that developing new private label arrangements will be a key to the ongoing growth in the sales of this product.

The Company will continue to form strategic distribution alliances to accelerate its sales outside the Canadian marketplace.

The Company may seek sufficient additional funds to provide working capital, inventory and capital equipment as needs arise, but at the moment, cash flow from operations is sufficient to support current needs.
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Old 04-25-2018, 01:05 PM   Nav to Top  #13
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Spectra Inc. Reports First Quarter 2018 Results

For Immediate Release – April 25, 2018

Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports the release of its
financial results for the three-month period ending March 31, 2018. Revenues for the
three-month period ending March 31, 2018 were $572,009 compared to $438,733 for the
same period in 2017.

Net income was $149,776 during the three-month period ending March 31, 2018
compared to $54,906 for the same period in 2017.

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra manufacturers and distributes the new Arrow LoggerÒ brake stroke data logger
that has been designed to enhance the performance of the Brake Safe® system. Spectra
distributes Zafety Lug LockÒ, a lug nut retainer that uses the resistance between wheel
nuts to minimize their ability to rotate and loosen, reducing the risk of wheel damage or
wheel loss and Hub AlertÒ, an innovative heat sensing label that provides an alert for
overheating wheel ends, reducing the risk of bearing failure and corresponding
maintenance and repair costs.

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,
Glen Campbell, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: glen@spectraproducts.ca
Website: 400 Bad Request
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Old 04-25-2018, 01:39 PM   Nav to Top  #14
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Old 04-25-2018, 02:21 PM   Nav to Top  #15
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SSA.V - Spectra Inc. Q1 2018 Results (Financials + MD&A) Ending March 31st 2018.

Current Stock Price: $0.035
Common Shares: 60,509,971
Insider Holdings: 6,855,591 or 11.3%
Institutional Holdings: 18,133,000 or 30% - DVOF Debenture Holder

Financials

ASSETS
Cash: $166,650
Accounts Receivable: $318,559
Inventories: $194,230
Prepaid Expenses: $4,737
Total Assets: $684,176

LIABILITIES
Accounts Payable: $184,993
Royalty Debenture: $632,665 – Due In 2020
Preferred Shares: $562,775
Total Liabilities: $1,380,434

Q1 2018 Results
Revenue: $572,009
Gross Profit: $334,385
G&A Expense: $184,609
Net Income: $149,776

Prior Years
2014 – Total Sales: $1.44M – Net Income - $45K
2015 – Total Sales: $1.82M – Net Income - $189K
2016 – Total Sales: $1.55M – Net Income - $152K
2017 – Total Sales: $1.78M – Net Income - $223K
2018 – Total Sales: $572K – Net Income - $150K

Cost reductions and increased sales due to new contracts have made the first quarter of 2018 very strong and should continue. Over a dozen profitable quarters in a row means the cost structure is consistent and stable.

MD&A Highlights

Revenue for the three months ended March 31, 2018 increased by 30 percent to $572,009 compared to revenue of $438,733 for the three-month period ended March 31, 2017.

Brake Safe® had sales of $227,738 in 2018, compared to $165,635 in 2017; Brake Inspector® had sales of $5,565 in 2018, compared to $15,053 in 2017; Termin-8r® sales increased by $39,794 from $157,766 in the 2017 period to $197,560 in 2018; Zafety Lug Lock® had sales in 2018 of $51,355 compared to $50,327 in 2017 and Hub Alert® had 2018 sales of $25,200 compared to $10,755 in 2017.

Gross profit increased by 31% for the three months ended March 31, 2018 to $334,385 or 58 percent of revenue from a comparable $254,713 or 58 percent of revenue for the three months ended March 31, 2017.

For the quarter ended March 31, 2018, finance costs were $18,984, $11,584 higher than the comparable costs of $7,400 for the quarter ended March 31, 2017.

The net income for the three months ended March 31, 2018 was $149,776 or $0.00 per share basic and fully diluted compared to net income of $54,906 or $0.00 per share basic and fully diluted for the three months ended March 31, 2017.

Outlook
The Company continues to focus its efforts on expanding the present market for its products while introducing those products into new markets as well as seeking out new products to compliment our other offerings.

The Company’s Brake Safe® product is well established in the Canadian market and inroads are now being made into the lucrative American market. With the implementation of its new, aggressive, safety enforcement and monitoring program, CSA (Compliance, Safety, Accountability), the Federal Motor Carrier Safety Administration is bringing the focus onto unsafe Carriers and unsafe Drivers in the US transportation industry. A significant increase in roadside enforcement, citations and fines for all driver and vehicle violations will impact positively on the sales growth of Brake Safe® products. A program has been developed to educate companies of these enforcement changes and the resulting increased intervention by regulatory agencies in order to capitalize on sales opportunities for Brake Safe

The Company’s Termin-8R® product continues to receive strong industry acceptance with a corresponding growth in sales to the transportation segment. The second private label arrangement, introduced in 2010 and made for a major supplier to the commercial transport industry, is proving to be a strong performer with 2018 private label sales, by dollar amount, now being 83% of total Termin-8R® product sales and 29% more than that of the previous year. The company believes that developing new private label arrangements will be a key to the ongoing growth in the sales of this product.

The Company will continue to form strategic distribution alliances to accelerate its sales outside the Canadian marketplace. The Company may seek sufficient additional funds to provide working capital, inventory and capital equipment as needs arise, but at the moment, cash flow from operations is sufficient to support current needs.
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Old 01-22-2019, 09:48 AM   Nav to Top  #16
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News: SSA Appoints New Chairman & Subsidiary Director


2019-01-22 07:20 MT - News Release


Mr. Glen Campbell reports

SPECTRA INC. REPORTS APPOINTMENT OF NEW CHAIRMAN AND SPECTRA PRODUCTS INC. REPORTS ELECTION OF A NEW DIRECTOR.

At a meeting of the board of directors on Jan. 7, 2019, Glen Campbell was appointed as chairman of the board of Spectra Inc.

Mr. Campbell had previously held this position, resigning on October 24, 2018, when he was replaced by Mr. Andrew Malion.

Also, on January 7, 2019, Mr. Mark Donatelli was elected to the Board of Directors of Spectra Products Inc., a subsidiary of Spectra Inc., replacing Mr. Andrew Malion. Mr. Donatelli is Vice-President at B.E.S.T. Funds. B.E.S.T. Funds represents the largest shareholder of Spectra Inc. and is a welcome addition to the Board.

Mr. Malion continues in his roles as a Director of Spectra Inc. and as President of both Spectra Inc. and Spectra Products Inc.

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North American designer, manufacturer and distributor of Brake SafeO, the visual brake stroke indicating system, Brake InspectorO, the company's electronic in-cab air brake diagnostic system and the Termin-8RO line of anti-corrosion and extreme pressure lubricants. Spectra Products Inc. distributes Zafety Lug LockO, a lug nut retainer that uses the resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the risk of wheel damage or wheel loss and Hub AlertTM, an innovative heat sensing label that provides an alert for overheating wheel ends, reducing the risk of bearing failure and corresponding maintenance and repair costs.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
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Old 01-22-2019, 09:51 AM   Nav to Top  #17
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Spectra Inc. Reports Third Quarter 2018 Results

For Immediate Release – October 29, 2018

Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports the release of its financial results for the first nine months of 2018. Revenues for the nine-month period ending September 30, 2018 were $1,601,377 compared to $1,332,592 for the same period in 2017, an increase of 20.17 percent. Revenues for the third quarter ending September
30, 2018 were $559,181 compared to $432,186 in 2017, an increase of 29.38 percent.

The third quarter ending September 30, 2018 showed a net profit of $145,065 compared
to a net profit of $56,809 for the third quarter ended September 30, 2017.
During the nine-month period ending September 30, 2018, a net profit of $386,936 was
generated compared to a net profit of $190,424 for the nine-month period in 2017.
Cash generated by operations in the nine-month period ending September 30, 2018 was
$423,643 compared to the comparable amount of $215,721 in the nine-month period
ended September 30, 2017; an increase of 96.38%.
Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra manufacturers and distributes the new Arrow Logger™ brake stroke data logger
that has been designed to enhance the performance of the Brake Safe® system. Spectra
distributes Zafety Lug LockÒ, a lug nut retainer that uses the resistance between wheel
nuts to minimize their ability to rotate and loosen, reducing the risk of wheel damage or
wheel loss and Hub Alert™, an innovative heat sensing label that provides an alert for
overheating wheel ends, reducing the risk of bearing failure and corresponding
maintenance and repair costs.
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 Malion, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: info@spectrainc.ca
Website: 400 Bad Request
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Old 01-22-2019, 10:10 AM   Nav to Top  #18
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B.E.S.T. Funds - Innovative Investing - This is the largest shareholder of Spectra, who is now part of the subsidiary board of directors.

About BESTFUNDS:

About


Founded by John Richardson in 1996, we are a boutique Canadian venture firm with a track record spanning over 22 years. Since our inception, we have been involved with over 350 transactions, and we are proud of the portfolios we’ve built and of the achievements of our portfolio companies past and present. We are actively seeking to build on our track-record by continuing to identify tomorrow’s winning companies.



Our Focus
We invest across a broad range of sectors including cleantech and financial services. However, our focus is on emerging companies engaged in software, cloud computing, and SaaS business models. We provide growth capital to companies that are seeking to expand on the market penetration of their unique and compelling intellectual property.

We invest in equity and debt securities, but our main focus is on providing loans to growing companies. Our capital allows our clients to achieve the milestones they need to in order to drive the value of their business while minimizing dilution and leaving ultimate control in the hands of the entrepreneur.

It is our aim to help budding businesses successfully transition into public companies or to position them for a strategic sale. It is this process that creates liquidity for B.E.S.T. Funds and maximizes value for our shareholders and investors.



Accredited Investor Funds
B.E.S.T. Funds offers high-yield private placement opportunities for accredited investors seeking access to Canada’s most promising private companies in the software, cloud computing, financial services and clean tech fields.
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Old 01-22-2019, 10:32 AM   Nav to Top  #19
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Spectra Inc. (SSA.V) Nine Month Results. All Information Available On SEDAR

Ticker Symbol: SSA.V
Current Price: $0.03
Common Shares: 60,509,971
Insider Holdings: 8.61% - All held by CEO
Institutional Holdings: 30% (Dynamic Venture Opportunities Fund)

Spectra Inc. has recorded 16 straight quarters of profits, with revenue increasing year over year

Most Recent Financial Statements (September 2018)
*Note* - Year End Will be out in March 2019, followed by Q1 2019 results in April

ASSETS
Cash: $353,454
Accounts Receivable: $291,734
Inventories: $196,269
Prepaid Expenses: 4,737
Total Assets: $846,194

LIABILITIES
Accounts Payable : $214,884
Royalty Debenture: $639,940
Preferred Shares: $450,468
Total Liabilities: $1,305,292

9 Month Sales
Revenue: $1,601,377
Cost Of Sales: $672,497
Gross Profit: $928,880
Total G&A Expenses: $541,944
Net Income: $386,936 or $0.0064 cents per share. Fair value at 10 times earnings is 6 cents

Management Discussion Highlights

The Company continues to focus its efforts on expanding the present market for its products while
introducing those products into new markets as well as seeking out new products to complement our
current wheel end safety offerings.

The Company’s Signature Brake Safe® product is well established in the Canadian market and is gaining
sales momentum in the lucrative American market. The Commercial Vehicle Safety Alliance [CVSA] is a
nonprofit association comprised of local, state, provincial, territorial and federal commercial motor vehicle
safety officials and industry representatives. The CVSA holds brake-focused enforcement events
throughout the year to identify and remove commercial vehicles with dangerous brake issues from the
roadways. Brakes out of adjustment continue to be the number ONE out service violation in North America
as evidenced this year during International Roadcheck and Operation Air Brake.

A program has been developed to educate companies of these enforcement changes and the resulting
increased intervention by regulatory agencies in order to capitalize on sales opportunities for Brake Safe.
The Company’s Termin-8R® product continues to receive strong industry acceptance with a corresponding
growth in sales to the transportation segment. The private label arrangement made for a leading supplier to
the commercial transport industry is proving to be an excellent performer.

The Company will continue to form strategic distribution alliances in the United Sates to accelerate its
wheel end safety product sales outside the Canadian marketplace.

The Company may seek sufficient additional funds to provide working capital, inventory and capital
equipment as needs arise, but at the moment, cash flow from operations is sufficient to support current
needs

The Company’s authorized share capital consists of an unlimited number of common shares; an unlimited
amount of first, second, third and fourth preferred shares and 540,000 second preferred shares, Series 1.
As at September 30, 2018, there were 60,509,971 outstanding common shares. As at September 30, 2018,
the following is a description of the outstanding equity securities and convertible securities previously
issued by the Company

During the nine months ended September 30, 2018, the Company earned $423,643 in operating activities
compared to earning $215,721 from operations during the same period in 2017. In 2018 non-cash items
contributed $29,950 for the period compared to $15,035 for the nine months ended September 30, 2017.
The Company made preference share redemptions of $125,000 in the nine months ended September 30,
2018, compared to making loan repayments of $150,000 in the nine months ended September 30, 2017.
These resulted in a net increase in cash resources of $298,643 and a cash resources balance at the end of the
period of $353,454. During the equivalent period in 2017, the Company showed a net increase in cash
resources of $65,721 and a cash resources balance of $145,467 at the end of the period.

Revenue:
Three months ended September 30, 2018
Revenue for the three months ended September 30, 2018 increased by 29 percent to $559,181 compared to
revenue of $432,186 for the three-month period ended September 30, 2017. The increase in revenue is
attributable to increases in sales of Termin-8r® from $138,882 to $163,013; Brake Safe® from $193,172 to
$264,152; Brake Inspector® from $2,244 to $6,899; Hub Alert® from $5,248 to $6,700 and sundry income
from $29,244 to $60,228 offset by decreases in sales of Zafety Lug Lock® from $63,035 to $57,920 and
Arrow Logger® from $361 to $269.
Nine months ended September 30, 2018
Revenue for the nine months ended September 30, 2018 increased by 20 percent to $1,601,377 compared to
revenue of $1,332,592 for the nine-month period ended September 30, 2017. The increase in revenue is
attributable to increases in sales of Termin-8r® from $424,223 to $450,460; Brake Safe® from $583,496 to
$756,570; Brake Inspector® from $19,603 to $21,975; Zafety Lug Lock® from $158,983 to $171,274; Hub
Alert® from $23,253 to $35,725 and sundry income from $121,389 to $164,117 offset by decreases in sales
of Arrow Logger® from $1,645 to $1,256.
Gross Profit:
Three months ended September 30, 2018
Gross profit increased by $99,298 for the three months ended September 30, 2018 to $323,988 or 58
percent of revenue from a comparable $224,690 or 52 percent of revenue for the three months ended
September 30, 2017.
Nine months ended September 30, 2018
Gross profit increased by 24% for the nine months ended September 30, 2018 to $928,880 or 58 percent of
revenue from a comparable $749,297 or 56 percent of revenue for the nine months ended September 30,
2017.
Gross profit margins will vary depending on the mix of product sales within the various product lines. In
addition, the mix of distribution channels may affect margins when sales are generated through distributors,
dealers and direct sales to OEM’s.
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Old 04-11-2019, 11:55 AM   Nav to Top  #20
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Spectra Inc. Reports Appointment of a New Director for its
subsidiary, Spectra Products Inc.
For Immediate Release – April 11, 2019
Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports that Mr. Mark Donatelli,
elected to the Board of Directors of Spectra Products Inc., a subsidiary of Spectra Inc. on
January 7, 2019 has resigned from that Board.
Mr. Andrew Malion a Director of Spectra Inc. and President of both Spectra Inc. and
Spectra Products Inc. and previously a Director of Spectra Products Inc. has been
appointed to fill the vacancy on the Board of Spectra Products Inc. created by Mr.
Donatelli’s resignation.
Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses the
resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the
risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label that
provides an alert for overheating wheel ends, reducing the risk of bearing failure and
corresponding maintenance and repair costs.
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,
Glen Campbell, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: info@spectrainc.ca
Website: 400 Bad Request
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