PARTNERS TO ESTABLISH COMMERICAL-SCALE ESD WATER TREATMENT SYSTEM
September 11, 2013, 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 CHEMSBRO of the Kingdom of Saudi Arabia (KSA) for the establishment of a jointly funded commercial-scale ESD system in Saudi Arabia.
This initial ESD plant, valued at several hundred thousand dollars, will demonstrate the efficacy of this novel technology to achieve high ion removal efficiencies combined with high water recoveries, while addressing numerous water treatment issues related to the recycle/reuse market and the energy and petrochemical industries. Developed as a scalable system, increased water volume can readily be accommodated with additional ESD modules.
CHEMSBRO, a member of Saudi Brothers Commercial Group, provides integrated chemical solutions and specialty chemicals for water and wastewater treatment plants, and is a leader in specialty niche industrial sectors. CHEMSBRO was awarded a three year contract in Riyadh to supply services and specialty chemicals for seven water treatment plants, which in total supply about 30% of the water in the city.
Massive investment in the water and wastewater sector in the KSA is essential in the coming years. Mr. Nizar Kammourie, Managing Director & Co-founder of CHEMSBRO, revealed that industrial and economic development, population growth and the need to treat waste streams are the key factors for increased interests in novel treatment technologies in Saudi Arabia. Mr. Kammourie projected that USD $60 billion is the anticipated investment over the next six years and highlighted the importance of water re-use for many industries. The National Water Company plans to increase the re-use of water to 30% by the year 2020. Water re-use currently accounts for 1% of the water supply in the KSA.
Dr. Shelp commented, "ENPAR welcomes the opportunity to introduce its state-of-the-art electrochemical water treatment systems in the Middle East with a respected partner such as CHEMSBRO. Given CHEMSBRO's knowledge of the specialty industrial and municipal water market sectors, we anticipate that the successful implementation of this commercial installation will open the door to additional near-term opportunities in a rapidly growing water recycle and re-use market. CHEMSBRO and ENPAR are currently developing a go-forward joint marketing strategy for the region."
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: http://www.enpar-tech.com/
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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