Vancouver, British Columbia--(Newsfile Corp. - November 25, 2013) - IWG Technologies (TSXV: IWG) has reported record financial results for the year ending September 30, 2013. The company reported $6.6 million in revenue for the current year, an increase of 10% over the previous year's figure of $6.0 million.

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Net earnings were $969,996, an increase of 84% compared to $526,310 in the prior year. Fiscal 2012 net earnings were reduced by one-time termination costs of $218,000 after tax.

This year's results provided net earnings of 2.6 cents per share or 2.5 cents fully diluted, compared to 1.4 cents in the prior year, on both a basic and fully diluted basis.

IWG Technologies is the public holding company for International Water-Guard Industries, a Canadian aerospace company focused on aircraft potable water treatment, water systems, water heaters and components. Their extensive experience in ultraviolet light technology and leading edge water systems design have positioned International Water-Guard as the world leader in aircraft water treatment.

Since 1982, hundreds of corporate, VIP, and military transport operators have chosen an International Water-Guard solution to the problem of onboard water quality. Major business jet manufacturers now offer International Water-Guard's water treatment units as either a standard factory installation, or as a customer option. In all, more than 2,000 of International Water-Guard's units have been factory-installed or retrofitted to aircraft worldwide.

Bruce MacCoubrey, President and CEO stated, "Water treatment products experienced strong growth and the new IWG-A6 product was delivered to support the full year of Gulfstream 650 aircraft production. The development of the new M-1 compact water module for FACC on the Bombardier CL350 aircraft was completed in the fourth quarter. M-1 product deliveries will begin in the second quarter of fiscal 2014."

The company currently trades at $0.21 and with 37.7 million shares outstanding, is capitalized at $7.9 million. For a more information, please visit the company`s website at www.iwgtech.com, or phone 604-255-5555.

The company's investor relations is handled by Jeff Walker of The Howard Group, who can be reached at 1-888-221-0915 or by email at info@howardgroupinc.com.

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