GUELPH, ON, Jan. 18 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR
Technologies Inc. ("ENPAR"), is extremely pleased to announce that the Company
has entered into a three-party Cooperation Agreement with Anjou Recherche, and
Water Treatment and Technology SRL ("2V2T"), both of France.
As recently announced, 2V2T is ENPAR's European Distribution and Sales
Representative.
Under this agreement Anjou Recherche will fund both the design and
construction of AmmEL-HC and DesEL pilot units by ENPAR, and the test program
at Ecole Polytechique de Montreal, which is located in Montreal, PQ, Canada.
Anjou Recherche is the research centre for Veolia Environment. It is
dedicated to research on water, and has received the European Commission's
designation as a Marie-Curie Center of Excellence for its work on membranes,
disinfection and modeling.
Veolia Environment employs more than 250,000 people worldwide and is
reported to be the world leader in environmental services associated with
water, waste, energy and transportation sectors. Veolia Water, a division of
Veolia Environment, has 150 years experience in the water industry, providing
water and wastewater services to municipalities and industrial and service
companies. The Company has particular expertise in the design and construction
of water and wastewater facilities.
Anjou Recherche shall conduct the evaluation over a period of 6 months.
Following successful testing, ENPAR will have an opportunity to negotiate a
commercial exclusivity agreement with Veolia Environment for the territories
currently managed by 2V2T. Dr Shelp states "that we are extremely confident in
our ability to provide state-of-the-art water treatment technologies that will
continue to attract the interest of highly respected global corporations like
Veolia Environment. Management is very excited about the Company's
opportunities in 2006."
The AmmEL-HC System is proving to be an extremely effective system for
directly converting toxic ammonia, which is found in high levels in municipal
waste streams, into environmentally friendly nitrogen gas. The AmmEL-HC System
will enable municipalities to achieve year-round compliance with government-
mandated environmental standards and regulations.
The DesEL System is a proven alternative to conventional water treatment
systems for removing both dissolved contaminants such as arsenic, mercury and
nitrate, and other dissolved ions from industrial waste water, process water
and drinking water sources.
ENPAR is a "Technology Company" applying its patented and proprietary
"Electrochemical Technologies" to the treatment of waste 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
responsibility for the adequacy or accuracy of this release.
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.
