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Update on status of arbitration

TORONTO, Oct. 1 /CNW/ - ENPAR Technologies Inc. (TSX-V: ENP) ("ENPAR") wishes to report that its ...

articleCurrent Water Technologies IncOctober 1, 20084/company/current-water-technologies-inc/news/update-on-status-of-arbitration
Update on status of arbitration

About this update from Current Water Technologies Inc

[{"type":"text","content":"\n\n\n\nTORONTO, Oct. 1 /CNW/ - ENPAR Technologies Inc. (TSX-V: ENP) ("ENPAR")\nwishes to report that its counsel was informed yesterday afternoon that the\narbitration decision in its dispute with Biosource Inc. has been delayed due\nto unforeseen circumstances having nothing to do with the merits of the case\nand that the decision should be forthcoming by mid-October.\n\n\nENPAR continues to believe that the arbitration will confirm its\ncompliance with the Non-exclusive License Agreement and provide the basis for\ncontinuance of the Agreement in good standing and prevent unjustified\nallegations of non-compliance in the future, at the time when the technology\nis commercialized.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\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, chemical, agricultural, municipal and waste\nmanagement sectors. The common shares trade on Tier ll of the TSX Venture\nExchange under the symbol "ENP".\n\n\nThis news release contains forward-looking statements within the meaning\nof the "safe harbour" provisions of the Private Securities Litigation Reform\nAct of 1995. These forward-looking statements are subject to risks and\nuncertainties and other factors that may cause ENPAR Technologies Inc. results\nto differ materially from expectations. These include risks relating to market\nfluctuations, property performance and other risks. These forward-looking\nstatements speak only as of the date hereof.\n\n\n","length":1872,"tagName":"div"}]

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