TORONTO, Dec. 14 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR
Technologies Inc. ("ENPAR"), is pleased to announce that the Company has
signed a Distributor and Sales Representative Agreement with 2V2T Inc. of
Paris, France. The agreement outlines the terms whereby 2V2T will market
ENPAR's electrochemical water treatment technologies in Europe and other
strategic regions of the globe.
2V2T Inc. is owned and managed by experienced financial and water
treatment professionals, Dr. Amer Pasha and Mr. Marc Lachan. Dr. Amer Pasha,
President of 2V2T Inc., has over 25 years of experience in international
finance and investment banking for both private and public companies. In
addition Dr. Pasha has been involved in the marketing of several technologies
on behalf of his international clients using his broad business contacts. He
has a wealth of expertise and knowledge in arranging strategic alliances,
mergers and joint ventures.
Mr. Marc Lachan, P.Eng., a former Director of ENPAR Technologies Inc.,
endows 2V2T Inc, with a life time of experience in the water treatment
industry. Mr. Lachan has held various management positions, including Director
of Public Works for Dodin (1964 - 1981), General Director of the Group General
Des-eaux (Veolia 1981 - 1990), President of Veolia Morocco (SETHAMA),
President and Director General of Group Vivendi Environment (SETHA since
1990), and special envoy to the CEO of the Group de la Compagnie General Des-
eaux (Veolia since 1990). He served as Director of SNC Inter Development of
the Group (Vinci) from 1997 to 2001. Furthermore, he is the founder of the
Office of Sanitary Engineers (OISIS), serving that organization as President
since its inception in 1999.
In 1992, the President of France decorated Mr. Lachan with his country's
highest honour, "Chevalier de l'Ordre National du MDerite."
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 II 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.
