Remember this Brant (the good old days)Radiant Energy Corporation
Research (MELT – CDN $3.40)
October 1, 1999 - Toronto, Ontario
Recommendation: Buy
Radiant has developed the only FAA approved, non-glycol aircraft de-icing process: the InfraTek® System.
Continental Airlines, the fifth largest airline in the United States, has entered into a revenue sharing agreement with Radiant to install and operate the first large-scale InfraTek® System at Newark International Airport.
Boeing Capital Services has purchased a 20% interest in Radiant and committed $15M in lease financing for the sale or installation of InfraTek® Systems world-wide.
A teaming agreement has been signed with a unit of Lufthansa for the joint of the InfraTek® System in Europe and Scandinavia.
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