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DIRTT Announces Expansion of Partnership with Armstrong World Industries

Provided By Globe Newswire

Last update: May 9, 2023

CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) -- DIRTT (or the "Company") (TSX:DRT, NASDAQ:DRTT), a global leader in industrialized construction, is pleased to announce it has entered into a joint arrangement with Armstrong World Industries, Inc. (“AWI”) for co-ownership of certain intellectual property interest in DIRTT’s ICE® software and enhanced commercial partnership opportunities for consideration of approximately $11 million (USD), subject to certain routine closing conditions.

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