Northern Technologies International Corp Reports Operating Results for Fiscal Quarter Ended on 2008-11-30

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Jan 15, 2009
Northern Technologies International Corp (NTIC, Financial) filed Quarterly Report for the period ended 2008-11-30.

Northern Technologies International Corporation focuses on developing marketing and selling proprietary environmentally responsible materials science based products and technical services in over fifty countries worldwide via a network of joint ventures. The Company's primary revenues derived from the sales of ZERUST rust and corrosion inhibiting packaging products and services to the automotive electronics electrical mechanical military and retail consumer markets. During this same period the Company also received revenues from sales of proprietary new technologies including anti-abrasion ink additives as well as bio-based sintered metal mold release agents bio-solvents bio- emollients bio-cleaners bio-lubricants and fully bio-degradable plastic packaging. In a concerted effort to extend the Company's proprietary technologies the Company engages in extensive scientific research and development programs in the areas of material science and corrosion protection. Northern Technologies International Corp has a market cap of $26.1 million; its shares were traded at around $7.37 with and P/S ratio of 2.06.

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