GUELPH, ON, Feb. 16 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR
Technologies Inc. ("ENPAR"), is extremely pleased to announce the appointment
of Dr. Shihab Kuran as Vice-Chairman of the Board and Director.
Dr. Kuran's interest in international water problems led to his
innovative work in the field of capacitive deionization in 1990. Over the past
fifteen years, this has been widely covered and highlighted in the
international media. He has delivered key-note speeches at international
forums sponsored by the United Nations Development Program, various
governments, monarchs, Non-Government Organizations, universities, media
outlets and institutional and sophisticated investors.
Dr. Shihab Kuran has a Ph.D. in Electrical Engineering and is currently
attending the world-renowned The General Manager Program at the Harvard
Business School (through May 2006). He has over fifteen years of international
semiconductor experience. Dr. Kuran has been featured and published in more
than thirty-five publications. Currently, Dr. Kuran is a Vice President at
Fairchild Semiconductor in South Portland, Maine, U.S.A., which is the world's
leading supplier of components that optimize system power in automotive,
communications, computing, consumer and industrial applications. He is in
charge of development for the Analog Products Group (APG), leading one of the
world's most experienced teams in this field. He is also responsible for
managing the company's strategic direction for highly integrated devices for
APG.
Prior to joining Fairchild Semiconductor, Dr. Kuran was senior vice
president of strategic marketing at Sipex Corporation, Milpitas, California.
USA, where he was responsible for the strategy and restructuring of the
company's focus on power management. Dr. Kuran began his career as a design
engineer in advanced circuit design with ANADIGICS, Inc. of Warren, New
Jersey, USA, and advanced into management roles in engineering, design
technology, advanced development and business development.
"Dr. Kuran has extensive knowledge of capacitive deionization as it
relates to ENPAR's DesEL System and his intimate knowledge of the global water
problems, combined with his business acumen, should prove invaluable to ENPAR
during the next step toward profitability" commented Dr. Shelp. "He will
contribute significantly to the growth of the Company as we increase our
efforts to market our DesEL System and other innovative electrochemical water
treatment technologies around the world."
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 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.
