November 19, 2013. Guelph, Ontario. The Board of Directors ("the Board") of ENPAR Technologies Inc. ("ENPAR" or "the Company" or "the Corporation") is extremely pleased to announce that Dr. Richard Woodling has joined ENPAR as Director effective immediately.
Dr. Woodling is currently an Operating Partner with CLSA Capital Partners' ("CLSACP") Clean Resources Asia Growth Fund. CLSACP is the alternate asset management arm of CLSA, Asia's leading independent brokerage and investment group. Prior to joining CLSACP, Dr. Woodling served as the Director of Global Research and Development at Siemens Water R&D Centre based in Singapore. He has over 24 years of technical water experience across a wide variety of fields including ion exchange and advanced media, activated carbon modification, advanced biological treatment, hollow fiber UF/MF development, low energy desalination, sea water pre-treatment, dissolved air flotation, advanced oxidation processes and computational fluid dynamics. He has also held senior operating and technology positions at US Filter, Veolia and Siemens Water.
He earned his Ph.D. from the University of California at Riverside, and conducted postdoctoral research at the IBM Almaden Research Centre in San Jose and the University of California at Berkeley. Dr. Woodling has over 20 patents either granted or still in the application process and he has published over 70 papers in the "water technology" domain.
Dr. Gene Shelp, President and CEO, commented, "Management and the Board of Directors believe that Dr. Woodling's experience in R&D and manufacturing coupled with his business acumen will greatly assist ENPAR and its global partners to capitalize on the enormous commercial opportunities for its state-of-the-art electrochemical water treatment technologies. His appointment will enhance our strategic business relationships within global groundwater and municipal wastewater, mining, and industrial water treatment sectors."
Dr. Iurie Pargaru, who has served on the Board of Directors since 2009, resigned his position to accommodate this new appointment. The Board of Directors wishes to thank Dr. Pargaru for his past service as Director. Dr. Pargaru continues to serve the Corporation as a key member of the technical team.
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". At present, ENPAR holds a total of 20 patents and has submitted an additional 18 patent applications related to six distinct technologies.
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:
Dr. Gene Shelp, President and CEO.
Tel: (519) 836-6155
Fax: (519) 836-5683
E-mail: [email protected]
Web Site: http://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.