more good newsSeprotech Systems Inc (C-SET) - News Release
Seprotech receives $1-million in government orders
2010-03-02 16:20 ET - News Release
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SET Close 2010-03-01 C$ 0.06
Mr. Martin Hauschild reports
SEPROTECH RECEIVES NEW ORDERS VALUED AT APPROXIMATELY $1.0M CAD
Seprotech Systems Inc. has received new orders valued at approximately $1-million (Canadian). The new orders originate from an existing standing offer contract with the Canadian government and are over and above amounts originally budgeted for this fiscal year or previously announced. The standing offer process provides the Canadian government with immediate response and support to their equipment needs. The amount actually spent in any given year under standing offer contracts varies according to operational requirements. "We are very pleased to have been awarded this additional order under a standing offer agreement," said Martin J. Hauschild, president and chief executive officer of Seprotech. "This new award demonstrates a high degree of confidence in Seprotech. The ability of Seprotech to meet all aspects of our clients' water and wastewater treatment needs, including service and maintenance support, represents a clear competitive advantage," concluded Mr. Hauschild.
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