ENPAR restates consolidated financial statements and management's discussion and analysis for 2006

About this update from Current Water Technologies Inc

GUELPH, ON, April 29 /CNW/ - Pursuant to a continuous disclosure review of its 2006 Annual Filings for the year ended December 31, 2006, ENPAR Technologies Inc. (TSX-V: ENP) ("ENPAR" or the "Company") has restated its consolidated financial statements for the year ended December 31, 2006 to reflect a change in accounting policy related to stock-based compensation expense. The information contained in the 2006 Management's Discussion and Analysis ("MD&A") has been revised to reflect the restatement and should be read in conjunction with the consolidated financial statements for the year ended December 31, 2006 The revised 2006 MD&A follows the 2007 MD&A and the restated expenses are included in the 2007 financial statements in the comparable period for 2006. ENPAR is a "Technology Company" that provides innovative patented and proprietary technologies: 1) for the treatment of waste water and drinking water that are contaminated by metals or nutrients (e.g. arsenic, nitrate/ammonia) associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors; and, 2) for the environmentally friendly recovery of nickel, and other valuable metals from waste mill sulphide tailings associated with the mining sector. The common shares trade on 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. The news release may contain forward-looking information. Actual future results may differ materially from those contemplated.

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