International Barrier Technology Inc. develops, manufactures, and markets proprietary fire resistant building materials designed to help protect people and property from the destruction of fire. The company has a patented fire protective material (Pyrotite) that is applied to building materials to improve their respective fire resistant properties. The company uses a patented, non-combustible, non-toxic Pyrotite formulation that is used to coat wood panels and has potential application to engineered wood products, paint, plastics, and expanded polystyrene. Seasonality The company’s Pyrotite products are sold in housing markets that have winter business, including the states of Florida and California. Dependency upon Patents/Licenses/Processes The company owns the rights to certain fire retardant technology and trademarks. These rights and technology included all of the patents that deal with surface applied Pyrotite technology. Customers The company’s customer is LP Building Products (LP). Through an exclusive supply agreement, LP has the right to sell Pyrotite treated panel products in North America, in all markets other than the commercial modular (MuleHide Products, Inc.) market, under their brand name LP FlameBlock Fire-Rated OSB Sheathing. LP FlameBlock is sold through wholesale distribution companies, such as ProBuild, Builders FirstSource, Biewer Lumber, Weekes Forest Products (Logan Lumber), Taiga Building Products, Vandermeer Forest Products, Boise, Curtis Lumber, and Universal Forest Products. The company sells MuleHide FR Deck Panel to MuleHide Products, Inc. History The company was founded in 1986. It was incorporated in British Columbia under the British Columbia Company Act in 1986 under the name Barrier Technology Inc. and changed its name to International Barrier Technology Inc. in 1996.