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ENPAR Technologies Engages Investor Relations Group
Published Jan 16 2012
3 min read

ENPAR Technologies Engages Investor Relations Group

ENPAR Technologies Engages Investor Relations Group

(via Thenewswire.ca)

January 16, 2012 Guelph, Ontario ENPAR Technologies Inc. (TSX.V: ENP) ("ENPAR" or "the Company") is pleased to announce that, effective January 12, 2012, it has entered into a service agreement with Investor Cubed Inc. ("Investor Cubed") of Toronto to provide investor relations and shareholder communications services to the Company.

The renewable agreement stipulates that ENPAR will pay a monthly fee of CAD $7,500.00 plus HST. In addition, the Board of Directors of the Company will grant to Investor Cubed 600,000 incentive stock options to acquire common shares in the capital of the Company at an exercise price of $0.20 per share up to the earlier date which is one year from the date of grant of the options or 30 days after Investor Cubed ceases to provide services to the Company. The options will vest quarterly over a period of 12 months and will be governed by the provisions of the ENPAR Stock Option Plan.

Pursuant to TSX Venture Exchange Policy 1.1, the relationship between ENPAR and Investor Cubed and its co-owners, Alan Huycke and Neil Simon, meets the "Arm's Length" definition. The term of the agreement between the parties has been established at 12 months with the provision that either ENPAR or Investor Cubed may, upon written notice of fifteen days, terminate the relationship after the initial three month period.

About Investor Cubed

Investor Cubed Inc. is a Toronto-based investor relations consulting firm which provides specialized investor relations and business consulting services to a select group of leading, emerging and mid-capitalization public companies. Investor Cubed has an established national network of financial industry professionals including investment advisors, bank owned investment dealers and leading independent financial firms. In addition, Investor Cubed introduces and manages national online and off-line marketing initiatives.

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 of the Company trade on Tier ll of the TSX Venture Exchange under the symbol "ENP".

The TSX Venture Exchange has not reviewed and does not accept 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

70 Southgate Drive, Unit 4, Guelph, ON, CANADA N1G 4P5

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.

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