Enpar & VEOLIA EnvironmentENPAR to partner with the research centre of Veolia Environnement to develop water treatment systems for municipal and industrial markets
GUELPH, ON, June 28 /CNW/ -
ENPAR Technologies is pleased to announce that the research centre of Veolia Environnement, which is dedicated to water,has decided to partner with ENPAR in the further development of DesEl systems for the municipal and industrial market.
This announcement follows approximately 12 months of independent
successful testing by the research centre of Veolia Environnement at Ecole Polytechnique de Montreal, Montreal, PQ, Canada.
Veolia Environnement is a world leader in environmental services. With more than 300,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and freight and passenger transportation.
Veolia Water, the water division of Veolia Environnement, is the world leader in water and wastewater services. Specialized in outsourcing services for municipal authorities, as well as industrial and service companies, it is also one of the world's major designers of technological solutions and constructor of facilities needed in water and wastewater services.
Veolia Water serves 108 million people worldwide.
The research centre of Veolia Environnement reports that the DesEl system has been demonstrated to be particularly promising for the selective reduction of nitrate, ammonium and probably arsenic, selenium, boron and fluoride in waters with less than 0.5 grams of sodium chloride (salt) per litre of water.
Furthermore, the economic limit in energy consumption compared to reverse osmosis is currently at 0.5 grams of dissolved solids per litre of water, which represents drinking water applications. The research centre further reports that the potential applications or economic limit could be increased by many fold with future developments in the technology.
Like the historical marketing cycle for membrane technologies which
resulted in dominance of current water markets for management of dissolved ions, ENPAR's management believes that the Company is on the cusp of enormous commercial success that will be fuelled by large scale manufacturing and continuous technology advancements.
Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. ("ENPAR"),is convinced that the "promising results obtained by the research centre of Veolia Environnement at Ecole Polytechnique de Montreal is an important step that will allow ENPAR to gain market. ENPAR will now focus on improving those economic factors that will quickly broaden the market applications and subsequently increase the intrinsic value of the company. We are very excited about the Company's future opportunities and shareholders should be proud of
what their Company has achieved to date."
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 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.
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/For further information: Dr. Gene Shelp, President and CEO, Tel: (519)
836-6155, Fax: (519) 836-5683, E-mail: info@enpar-tech.com, Web Site:
www.enpar-tech.com/