EDMONTON, May 5 /CNW/ - Resin Systems Inc. ("RSI") (RS - TSX Venture /
RSSYF - OTCBB), a composite materials products technology company, through
its operating division, RS Technologies ("RS"), is pleased to announce that
RS has received an order for the initial shipment of 18-metre (60-foot)
RStandard(TM) modular composite transmission poles to Midlite Powerline
Construction Ltd. for installation in one of the largest oil sands plant
operators in the Athabasca oil sands region. RS anticipates that the shipment
will be completed in the next 30 days. Midlite Powerline Construction Ltd.,
based in Fort McMurray, Alberta, provides power line construction and
maintenance services to the Athabasca oil sands region of northeastern
Alberta, Canada.
"We are pleased that our RStandard(TM) modular composite utility poles
have been selected by Midlite Powerline Construction Ltd. for installation at
one of the largest oil sands plant operators in the Athabasca oil sands
region," stated Greg Pendura, Chairman, President and Chief Executive Officer
of RSI. "The region requires significant additional electrical power supply
and we look forward to RS delivering additional RStandard(TM) utility poles to
support the build up of the power supply to the area."
RSI is a composite material products technology company providing
engineered solutions for applications of its proprietary Version(TM) resin
material to companies worldwide. RSI is also commercializing its proprietary
RStandard(TM) modular composite utility pole for sale to power utility
companies domestically and abroad.
"Version" and "RStandard" are trademarks of RSI.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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