Business
ENPAR and World Class Water Company, Miahona, Extend Memorandum of Understanding
(via Thenewswire.ca) May 21, 2013, Guelph, Ontario. Dr. Gene Shelp, President and CEO of EN...
About this update from Current Water Technologies Inc
[{"type":"text","content":"\nENPAR and World Class Water Company, Miahona, Extend Memorandum of Understanding\n\n(via Thenewswire.ca)\n \n \nMay 21, 2013, Guelph, Ontario. Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSX-V:ENP) (\"ENPAR\" or \"the Company\"), announces that ENPAR and Miahona have agreed to extend the Memorandum of Understanding (MOU) between the two companies. The extension will enable the parties to finalize contract negotiations with world-class corporations in the petrochemical, petroleum and fertilizer manufacturing sectors. \n\n\n \nThe parties are intent on formalizing a joint-venture agreement by June 2014 or earlier should business activities necessitate an official corporate presence in the Middle East. \n\n\n \nMiahona is a world-class company involved in the water and waste water treatment business in the Kingdom of Saudi Arabia (KSA) and other regions of the Middle East. \n\n\n \nAfter more than a year of joint marketing activities in the KSA, Miahona representatives believe negotiations will conclude with a contract in the near-term. Miahona reports that ENPAR's technology has been accepted by a client in the KSA and has been endorsed by the Royal Commission. \n\n\n \nDr. Shelp states: \"ENPAR is encouraged by the confidence and optimism expressed by Miahona and looks forward to this opportunity to showcase its novel water treatment systems in the KSA.\"\n\n\n \nAbout ENPAR Technologies Inc.\n\n\n \nENPAR 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\". \n\n\n \nThe TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.\n\n\n \nFOR FURTHER INFORMATION PLEASE CONTACT:\n\n \n \nGene S. Shelp, Ph.D., P.Geo., President and CEO\n\n\n \nTel: (519) 836-6155\n\n\n \nFax: (519) 836-5683\n\n\n \nE-mail: [email protected]\n\n\n \nWeb Site: www.enpar-tech.com\n\n \n \n70 Southgate Drive, Unit 4, Guelph, ON, CANADA N1G 4P5\n\n \n \nForward Looking Statements\n\n \n \nThis news releas...