TORONTO, Jan. 12 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSX:ENP),("ENPAR" or the "Company") is very pleased to announce that ENPAR has been awarded a commercial contract for the construction and on-site testing of a pilot scale plant to treat ammonia in mine water using ENPAR's patented AmmEL System. Completion of the on-site testing is expected during the first quarter of 2009.
ENPAR anticipates that the success of the on-site pilot plant will lead to a commercial contract for the construction and installation of a full-scale treatment plant as part of the planned development at a mining site located in Northern Ontario.
The AmmEL System is an electrochemical treatment process that has proven extremely effective at converting ammonia to environmentally friendly nitrogen gas at temperatures that are just above freezing, thus allowing the year round treatment and discharge of water that meets environmental guidelines. Unlike conventional biological nitrification systems, the AmmEL System does not produce nitrate as a by-product.
Dr. Shelp stated, "This is a very exciting time for the company and its many faithful shareholders who have supported the company through the long process towards commercialization. Management believes this is the first major step toward profitability with the potential for future sales to follow. The Company is committed to maximizing shareholder value by the successful commercialization of its patented state-of-the-art water treatment systems."
ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of water used in the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The Company's 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.