International Barrier Technology Showcased in 'Barron's'


WATKINS, Minn. and VANCOUVER, British Columbia, Dec. 21, 2004 (PRIMEZONE) -- International Barrier Technology Inc. ("Barrier") (OTCBB:IBTGF) (TSX Venture Exchange:IBH), a manufacturer of proprietary fire resistant building materials, is pleased to announce that it will be a participant in the "OTCBB Market Leaders" investor relations program sponsored by Wall-Street.com.

As a participant in the six-month, multi-part program, International Barrier appeared in the "OTCBB Market Leaders" listing in the December 13 issue of "Barron's" and will be included for six months in the featured "Leaders" section at the otcbbLeaders.com Website (http://www.otcbbLeaders.com) with prominent links from many leading financial Websites.

Wall-Street.com screened every company traded on the OTCBB to determine the top 15% that could be considered market leaders and were invited to appear in the "OTCBB Market Leaders Program". All the Market Leaders are reporting to the SEC. They are all active; having a product or service or are actively developing one. All are experiencing corporate events that should be of interest to prospective investors.

About International Barrier Technology Inc.

International Barrier Technology, Inc. develops, manufactures, and markets proprietary fire resistant building materials. Its patented, non-combustible, non-toxic Pyrotite formulation has an extraordinary capability: it releases water when exposed to the heat of fire. Barrier's award-winning Blazeguard wood panels exceed International Building Code requirements in every targeted fire test and application, and uniquely combine properties that increase panel strength and minimize environmental and human impact. Blazeguard customers include Centex (CTX:NYSE), D.R. Horton (DHI:NYSE), KB Home (KBH:NYSE), and Lennar (LEN:NYSE). Lowe's Companies (LOW:NYSE), Stock Building Supply, and Mule-Hide Products Co., Inc. are Blazeguard distributors. Pyrotite has potential applications with engineered wood products, paint, plastics, and expanded polystyrene

Barrier is Part of the DJ Building Materials Index (US).

About Wall-Street.com

OtcbbLeaders.com is a Website run by the Wall-Street.com division of National Corporate Services, Inc. For two decades, Wall-Street.com has provided a similar investor relations program for larger, high-growth NYSE, AMEX and NASDAQ companies. The alumni list includes many companies that have gone on to become some of the best known names on Wall Street. You can find an alumni list at http://www.Wall-Street.com. Launched in 2003, the "OTCBB Market Leaders" program also provides a multi-faceted media approach, but is aimed at a different investor market. The OTCBB alumni list includes companies that have already graduated to higher exchanges. You can find the alumni list at http://www.otcbbLeaders.com.

INTERNATIONAL BARRIER TECHNOLOGY INC.

Per: "David J. Corcoran"



 David J. Corcoran
 CFO, Director

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.



 For more information please visit:
 www.intlbarrier.com or www.investorideas.com

 Toll free 1.866.735.3519

 Richard Angle
 ir@intlbarrier.com
 or
 Peter Kletas, ECON Investor Relations, Inc.
 pkletas@investorideas.com

Forward-Looking Information: The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including but not limited to the ability to generate and secure product sales. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized. Wall-Street.com has been compensated twenty eight hundred dollars by International Barrier to participate in this program.


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