Pure Technologies Named One Of Canada's Top Ten Cleantech Companies

CALGARY, Nov. 16, 2011 /CNW/ - Pure Technologies Ltd., ("Pure") (TSX: PUR) is pleased to announce today that for the second year in a row it has been named one of Corporate Knight's top ten publicly held companies in the Canadian cleantech realm.

The Cleantech 10™ category was compiled by Corporate Knights Inc. and Cleantech Group LLC, the leading provider of cleantech indices and information globally.  The companies that make the Cleantech 10 list must meet a series of criteria including growth, earnings, liquidity, technology/intellectual property, and sector leadership.

"In an economic environment in which governments and companies are tightening their belts, these cleantech innovators are showing how we can get more economic-bang for our resource-buck, opening the way for a cleaner more productive economy," said Toby Heaps, CEO of Corporate Knights Inc.

About Corporate Knights

Founded in 2002, Corporate Knights Inc. is an independent Canadian-based media and financial products company focused on clean capitalism.

About Pure Technologies Ltd.

Pure Technologies Ltd. is an international asset management technology and services company which has developed patented technologies for inspection, monitoring and management of critical infrastructure around the world.  Pure's business model incorporates four distinct but complementary business streams:

  • Sales of proprietary monitoring technologies for pipelines, bridges and structures (SoundPrint®, SoundPrint® AFO);
  • Recurring revenue from data analysis and site maintenance for these technologies, and from technology licensing;
  • Premium technical services including inspection, leak detection and condition assessment (P-Wave®, SmartBall®, Sahara®, PipeDiver™, PureRobotics™);
  • Specialized engineering services in areas related to asset management, primarily in the area of pipeline condition assessment for water and wastewater infrastructure (Openaka Corp., Price Brothers UK Ltd, and Jason Consultants).

Forward-Looking Statements

This release contains forward-looking statements.  Forward-looking statements, without limitation, may contain the words "believes", "expects", "anticipates", "estimates", "intends", "plans", or similar expressions.  Forward-looking statements are not guarantees of future performance.  They involve risks, uncertainties and assumptions and the Company's actual results could differ materially from those anticipated.  Forward-looking statements are based on the opinions and estimates of Management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.  In the context of any forward-looking information please refer to risk factors detailed in, as well as other information contained in, the Company's filings with Securities Regulators (www.sedar.com).

® Registered Trademarks, property of Pure Technologies Ltd.

SOURCE Pure Technologies Ltd.

For further information:

To find out more about Pure Technologies Ltd. (TSX: PUR), visit our website at www.puretechltd.com.  Or contact James E. Paulson, Chairman or Karen Keebler, Chief Financial Officer at (403) 266-6794 or e-mail to investor.relations@puretechltd.com.


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