MONTREAL, QUEBEC--(Marketwire - June 27, 2012) - ProSep Inc. (TSX:PRP.TO - News) ("ProSep" or the "Company"), dedicated to providing process solutions to the oil and gas industry, today announced that ProSep Kolon, ProSep's South Korean joint venture company, was awarded three contracts for a total value of $2 million, for the supply of oil, gas and produced water treatment solutions. All three contracts were awarded by Korean engineering, procurement and construction companies ("EPC") on behalf of oil and gas producers operating in the Middle East and Greater Middle East regions.
"Our joint venture with Kolon Group is growing quickly. Our partner's expertise and keen understanding of the Korean engineering, procurement and construction industry, has been invaluable to ProSep Kolon's recent success. With almost twenty employees and a growing backlog, ProSep Kolon is becoming an important contributor to our team's success", said Jacques L. Drouin, President & CEO.