Business
ENPAR Partners with International Sales and Marketing Team Receives First Purchase Order
GUELPH, ON / ACCESSWIRE / February 17, 2016 / Dr. Gene Shelp, President and CEO of ENPAR Tec...
About this update from Current Water Technologies Inc
[{"type":"text","content":"ENPAR Partners with International Sales and Marketing Team Receives First Purchase OrderGUELPH, ON / ACCESSWIRE / February 17, 2016 / Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSXV: ENP) (\"ENPAR\" or \"the Company\"), is very pleased to announce that ENPAR has partnered with an international sales and marketing team to identify niche markets for its patented electrochemical water treatment systems. The partnership was launched with ENPAR receiving the order for the first of what is expected to be several system purchases in 2016. These strategically designed remotely monitored mobile units will address an immediate water treatment sector and will range in price from $55,000 to $90,000 per system depending on the site specific conditions.Dr. Shelp commented that: \"For the past year ENPAR has worked closely with this proven Sales and Marketing Team to identify business opportunities outside the mainstream water treatment sectors. Based on the current interest from industry, we believe that that this first sale will lead to several additional sales in the near future. We have been impressed by the commitment of our partner to identify a market opportunity and execute the first page of its sales and marketing strategy. Management is extremely excited about this business opportunity\"ENPAR ISSUES STOCK OPTIONSENPAR Technologies Inc. announces that it has granted 1,000,000 incentive stock options to 1 director and 3 consultants. The options are exercisable at a price of $0.10. The term of the options is for a period of up to 5 years from the date of grant. The grants are subject to acceptance by the TSX Venture Exchange.The Company currently has an outstanding capital of 99,537,252 common shares with 11,375,000 common shares reserved for issuance on the exercise of outstanding stock options.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\".The TSX Venture Exchange has not reviewed and does not accept responsi...