Enpar Technologies Inc.
ENPAR Partners with Engineering Firm Based in the United States to Address an Emerging Ammonia Treatment Application
DGAP-News: Enpar Technologies Inc. / Key word(s): Miscellaneous 2016-03-08 / 16:10 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Guelph, Ontario--(Newsfile Corp. - March 8, 2016) - Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSXV: ENP) ('ENPAR' or 'the Company'), is very pleased to announce that ENPAR has partnered with a US based engineering firm to address an emerging ammonia treatment application. ENPAR is currently completing the preliminary design of its patented AmmEL treatment plant capable of treating an equivalent of 200 m3 per day of waste water containing up to 27 mg of ammonia nitrogen per litre. The AmmEL system is unique in its ability to consistently achieve less than 1 mg NH4-N/L in the treated water. The purchase price of this initial sale and future sales are expected to range from CAD $300,000 to $400,000. The actual final price per mobile AmmEL unit will be determined by the site specific water treatment specifications. Delivery of this initial unit is scheduled for the summer of 2016. In contrast to conventional systems for the treatment of ammonia, ENPAR's patented AmmEL system exemplifies ENPAR's environmentally responsible N4O approach: The N4O Approach No Nitrate - Carcinogen No Nitrous Oxide - Greenhouse Gas No Reduced Water Quality No Algae Only environmentally-friendly Nitrogen Gas Dr. Shelp commented that: 'Discussion between the partners leads ENPAR to believe that the success of this initial system has the potential to result in several sales monthly of mobile AmmEL systems. We are extremely excited as this new business opportunity represents a significant stable recurring revenue stream. The successful commercialization of the AmmEL system in this niche sector will also afford business opportunities in municipal and other industrial sectors. ENPAR has now entered a transition phase in the maturation of the Company: it has evolved from a leading edge research firm into a manufacturer of commercial novel water treatment systems with application globally. This is a very exciting time for the ENPAR team and its shareholders.' About ENPAR Technologies Inc. ENPAR is a 'Technology Company' applying its patented and proprietary 'Electrochemical Technologies' to the treatment of waste water, desalination 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. FOR FURTHER INFORMATION PLEASE CONTACT: Gene S. Shelp, Ph.D., P.Geo., President and CEO 70 Southgate Drive, Unit 4 Guelph, ON CANADA N1G 4P5 Tel: (519) 836-6155 Fax: (519) 836-5683 E-mail: gshelp@enpar-tech.com Web Site: www.enpar-tech.com A Company Specializing in Environmental Protection and Remediation Technologies Forward Looking Statements 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. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words 'anticipate', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'should', 'believe' and 'confident' and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. ENPAR believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. ENPAR undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/19577 News Source: Newsfile --------------------------------------------------------------------------- 2016-03-08 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Enpar Technologies Inc. Canada ISIN: CA2935531038 End of News DGAP News Service
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