April 23, 2012, Guelph, Ontario. Dr. Gene Shelp, President and CEO of
ENPAR Technologies Inc. (TSX:ENP) ("ENPAR" or "the
Company"), is very pleased to announce that the Company has
executed an agreement with JUKAM Machinery Co., Ltd. (JUKAM) of the
Republic of Korea for the purchase of a full-scale ENPAR ESD System.
Designed to treat wastewater and industrial process water, the
state-of-the-art, 112 m3/day ESD unit achieves high rate removal of
total dissolved solids with a 90% water recovery. Developed as a
scalable system, increased water volume can be accommodated readily
with additional ESD modules. Following verification of the efficiency
of the full-scale unit, ENPAR and JUKAM anticipate additional orders
for ESD systems having application to the domestic, agricultural,
industrial and municipal drinking water and waste water markets.
JUKAM is a leading design and build engineering firm specializing in
residential, commercial, industrial and municipal engineering projects
with annual revenues of US $85,000,000.
Dr. Shelp commented, "ENPAR will continue to cultivate our valued
business relationship with JUKAM with the expectation that our
co-operative efforts will allow both companies to capitalize on
near-term opportunities to deliver the suite of ENPAR's novel
technologies to the water treatment and management markets of South
Korea estimated to be US $2 - $3 Billion annually."
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 of the Company trade on Tier ll
of the TSX Venture Exchange under the symbol "ENP".
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Gene S. Shelp, Ph.D., P.Geo., President and CEO
Tel: (519) 836-6155
Fax: (519) 836-5683
Web Site: www.enpar-tech.com
70 Southgate Drive, Unit 4, Guelph, ON, CANADA N1G 4P5
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.
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