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Major American Water Company Evaluates ENPAR's DesEL System For Home Market
Major American Water Company Evaluates ENPAR's DesEL System For Home Market.
About this update from Current Water Technologies Inc
[{"type":"text","content":"\n\n\n\n\nGUELPH, ON, June 6 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR\nTechnologies Inc. (\"ENPAR\"), is extremely pleased to announce that the Company\ncontinues to attract the attention of some of the key players in the global\nwater treatment market. In May 2006, ENPAR entered into a Mutual\nConfidentiality Agreement with a major American Water Company for the sole\npurpose of evaluating a possible business transaction relating to ENPAR's\nDesEL Technology as a replacement for conventional home water treatment\nsystems such as reverse osmosis units and water softeners.\nBased on published information, the home market is currently reported to\nbe $15 billion USD annually with the market predicted to reach approximately\n$45 billion by the year 2011.\nTesting of ENPAR's DesEL-400 unit has been underway during the past three\nweeks at the American Company's facility. ENPAR is extremely excited about\nthis relationship as the American Company recently reported that the initial\nperformance of the system is impressive and the possibilities for the DesEL\ntechnology are exciting. Over the next five months, the American Company will\ncomplete its technical evaluation of the technology, including scalability and\nlong term viability, and develop a business case that will include that\nevaluation, as well as marketing and financial analysis of the pathway to\nmarket.\nIn summary, the American Company informed ENPAR that it has a positive\nfeeling about ENPAR's technology and the potential that a relationship could\nprovide both companies. However, please note that there is no guarantee at\nthis time that positive testing and a positive market and financial analysis\nwill result in a business relationship.\nThe DesEL System is a proven alternative to conventional water treatment\nsystems for removing both dissolved contaminants such as arsenic, mercury and\nnitrate, and other dissolved ions from industrial waste water, process water\nand drinking water sources. As a home product the DesEL System would replace\nboth the reverse osmosis unit and the water softener.\n\nENPAR is a \"Technology Company\" applying its patented and proprietary\n\"Electrochemical Technologies\" to the treatment of waste water and drinking\nwater contaminated by metals or nutrients i.e., nitrate/ammonia associated\nwith the mining, metal processing, c...