GUELPH, ON–(Marketwired – November 03, 2016) – Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSX VENTURE: ENP) (“ENPAR” or “the Company”), is very pleased to announce that following a successful design/construction phase (refer to press release dated March 08, 2016), ENPAR is currently engaged in commissioning this state-of-the-art AmmEL ammonia treatment plant at a site located in Virginia, USA (Photos 1 and 2). In collaboration with our partner, a respected American Engineering Firm, ENPAR has selected this emerging ammonia treatment sector as the initial stage of its strategic sales and marketing plan.
This patented AmmEL treatment plant has been designed to treat an equivalent of 200 m3 per day of waste water containing up to 27 mg of ammonium-nitrogen per litre. The AmmEL system is unique in its ability to consistently achieve less than 1 mg ammonium-nitrogen per litre in the treated water.
ENPAR anticipates numerous additional sales with each valued in the CAD $400,000 to $500,000 range.
Dr. Shelp commented that: “This commercial sale represents a launching platform for ENPAR’s disruptive patented ammonia treatment system in North America. ENPAR is working closely with our engineering partner to ensure that this initial installation is a showpiece which establishes the AmmEL Technology as a “Best Available Technology” for ammonia treatment in North America and internationally. ENPAR is confident that the success in this emerging sector will translate to important business opportunities in the significantly larger municipal and industrial sectors. These opportunities will facilitate ENPAR’s transition from a leading-edge research and development firm to a successful international provider of disruptive commercial water treatment systems and related services.”
About ENPAR Technologies Inc.
ENPAR is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “ENP”.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and “confident” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. ENPAR believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. ENPAR undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Image Available: http://www.marketwire.com/library/MwGo/2016/11/3/11G120711/Images/IMG_1774_(2)-77086828a906b3e7bb76cb1b4a778b1a.jpg
Image Available: http://www.marketwire.com/library/MwGo/2016/11/3/11G120711/Images/IMG_1786_(2)-e47f9e4f944c9093894cd7b8d50091b7.jpg
FOR FURTHER INFORMATION PLEASE CONTACT:
Gene S. Shelp, Ph.D., P.Geo.
President and CEO
70 Southgate Drive, Unit 4
Guelph, ON CANADA N1G 4P5
Tel: (519) 836-6155
Fax: (519) 836-5683
E-mail: [email protected]
Web Site: www.enpar-tech.com