Australia's ClearVue Technologies rises on securing U.S. distributor

ClearVue Technologies

19/07/2022 03:57

** Shares of glass coating maker ClearVue Technologies Ltd
 CPV.AX  climb as much as 12.5% to A$0.27, post their best
intraday rise since July 1
    ** Co says it executed a two-year manufacturing and
distribution agreement with Advanced Impact Technologies Inc
(AITI) in the United States  urn:newsml:reuters.com:*:nGLF1tmsZw 
    ** AITI is appointed exclusive manufacturer & distributor
for supply of ClearVue PV IGU and smart façade solutions, its
glass coating products, in Massachusetts and Florida
    ** AITI also gets sole rights, alongside ClearVue, to supply
the products in other U.S. states (excluding Pennsylvania) and
Canada 
    ** CPV stock hits highest level since July 11
    ** As of last close, CPV up 2.1% YTD 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))