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Resin Systems Receives First Order for Permanent Replacement Roller Tubes

CALGARY, June 27 /CNW/ - Resin Systems Inc. ("RS") (RS - TSX / RSSYF - OTCBB), a technology innov...

articleReal Estate Split Corp Class AJune 27, 20083/company/real-estate-and-e-commerce-split-corp/news/resin-systems-receives-first-order-for-permanent-replacement-roller-tubes
Resin Systems Receives First Order for Permanent Replacement Roller Tubes

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[{"type":"text","content":"\n\n\n\nCALGARY, June 27 /CNW/ - Resin Systems Inc. ("RS") (RS - TSX / RSSYF -\nOTCBB), a technology innovator that develops advanced composite material\nproducts for infrastructure markets, announced today that its composite roller\ntubes have been selected to replace existing steel roller tubes in a bulk\nmaterial handling load-out facility. The load-out facility loads vessels for\nthe export of potash abroad.\n\n\nThis order is the first permanent replacement of traditional steel built\nroller tubes with RS's exclusive advanced composite material roller tubes in\nthe highly corrosive and abrasive environment of potash handling. The\nRStandard(TM) composite roller tube is more corrosion and abrasion resistant\nthan steel tubes and the weight of the total assembly is significantly less.\nThese value added benefits provide the user lower installation and operating\ncosts as well as a bulk material handling system with significantly longer\nperformance life compared to steel-based handling systems. The operator of\nthis load-out facility is starting the permanent replacement in the harshest\nand most corrosive areas. RS anticipates the operator will transition the\nremaining facility over time.\n\n\nRS first introduced the RStandard composite roller tube to the market in\nthe second half of 2007 in the form of pilot installations. The pilot\ninstallations allow the end-user to trial the new product and understand first\nhand its value added features before selecting RStandard roller tubes for\ntheir entire facility needs. Since the beginning of the product launch in\nmid-2007, the number of pilot installation orders continues to grow for\napplication in a variety of bulk material handling environments. The above\nfirst permanent replacement order was a result of the very first pilot\ninstallation in the fall of 2007.\n\n\n"This first order for permanent replacement RStandard roller tubes is a\nsignificant milestone for our new product" said Paul Giannelia, chief\nexecutive officer and president of RS. "We expect that in the next year, our\nroller tube business will have a growing impact on our revenues".\n\n\nAbout RS\n\n\nRS is a technology innovator that develops advanced composite material\nproducts for infrastructure markets. These advanced material products are not\nonly structurally superior to...

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