DIRTT Announces Expansion of Partnership with Armstrong World Industries

May 10, 2023

https://www.globenewswire.com/news-release/2023/05/09/2665072/0/en/DIRTT-Announces-Expansion-of-Partnership-with-Armstrong-World-Industries.html

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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