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Enpar Announces New Director Appointment and Grants of Stock Options
Published Jul 27 2012
3 min read

Enpar Announces New Director Appointment and Grants of Stock Options

Enpar Announces New Director Appointment and Grants of Stock Options

(via Thenewswire.ca)

July 27, 2012. Guelph, Ontario. The Board of Directors ("the Board") of ENPAR Technologies Inc. ("ENPAR" or "the Company" or "the Corporation") is pleased to announce that Mr. B. J. William (Bill) Arvanitis has joined ENPAR as director effective immediately. He will serve on the Audit and Compensation Committees of the Board.

Mr. Arvanitis holds a Bachelor of Science (PT) degree from the University of Toronto, and has more than twenty years experience as a physiotherapist. The founder, president, and operator of Arvan Rehab Group Inc., he has provided rehabilitation services to long term care facilities and retirement communities across Ontario for the past ten years. Mr. Arvanitis is also the co-owner and Director of Business Development of Athlete's Care Sports Injury Clinics in Toronto. Currently involved in several governance roles, he serves on health related professional and community Boards, and provides leadership to cultural and athletic organizations.

Dr. Gene Shelp, President and CEO, commented, "Given his record of professional achievement and commitment to the community, Management and the Board of Directors look forward to his contribution as ENPAR continues to introduce its state-of-the-art water treatment technologies to global markets."

The Company also announces that the Board of Directors has granted 4,875,000 incentive stock options to eight employees, seven consultants, and five directors. The options are exercisable at a price of $0.10 for periods ranging from two to five years from the date of grant. The grants are subject to acceptance by the TSX Venture Exchange.

ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of waste 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:

Dr. Gene Shelp, President and CEO. Tel: (519) 836-6155

Fax: (519) 836-5683

E-mail: gshelp@enpar-tech.com

Web Site: 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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