Business
ENPAR and Apsu Water Technology Inc. Sign Business Cooperation and Licensing Agreement
(via Thenewswire.ca) ORDER ADDITIONAL COMMERCIAL UNITS FOR ASIAN MARKET May 27, 2013, G...
About this update from Current Water Technologies Inc
[{"type":"text","content":"ENPAR and Apsu Water Technology Inc. Sign Business Cooperation and Licensing Agreement(via Thenewswire.ca)\n \n \nORDER ADDITIONAL COMMERCIAL UNITS FOR ASIAN MARKET\n\n \n \nMay 27, 2013, Guelph, Ontario. Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSX-V:ENP) (\"ENPAR\" or \"the Company\"), is very pleased to announce that the relationship between ENPAR and Apsu Water Technology Inc. (\"APSU\") has moved to the next step with the signing of a five (5) year Business Cooperation and Licensing Agreement. APSU will market ENPAR's suite of novel water treatment technologies for specific applications within several regions of Asia. \n\n\n \nOver the past two months, APSU and an experienced scientific team in India have rigorously tested ENPAR's electrochemical water treatment system. The preliminary results indicate that the system represents an effective approach for the treatment of major groundwater issues currently facing the Asian governments, including arsenic, fluoride, nitrate, bacteria and viruses. \n\n \n \nTom Tranfaglia, founder and Chairman of APSU stated: \"APSU has been looking for a partner to tackle Asia's contaminated water problems and ENPAR's state-of-the-art ESD technology can provide the solution. We believe that it can make a difference to the region's major healthcare issues and also promote many successful local businesses, which will promote further development in their area\". \n\n \n \nAs per the agreement, APSU has ordered three (3) additional small scale systems for testing market opportunities that have arisen from these encouraging results.\n\n \n \nDr. Shelp commented that: \"As previously stated, ENPAR's success in developing water markets is closely tied to strategic partners. By moving our relationship to the next level, APSU is demonstrating its commitment to ENPAR and to introducing the best available technologies for addressing major water issues in India and other parts of Asia. ENPAR is pleased to assist APSU in fully developing these business opportunities.\" \n\n \n \nCurrently, many Asian countries treat less than 10% of all waste water. Drinking water is purchased by 60% of the population as bottled water, and as an example, about 25% of China's population drink contaminated water every day. Also, water contamination is becoming a serious issue for food preparation and pro...