GUELPH, ON, Feb. 9 /CNW/ - ENPAR Technologies Inc. (ENP) "ENPAR" or "the Company") is pleased to announce that the TSX Venture Exchange announced on February 5, 2010 that the Company has been named as one of the TSX Venture 50. The TSX Venture 50 comprises some of the strongest performers listed on the TSX Venture Exchange. The award recognizes 10 emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.
The 2010 TSX Venture 50 were selected based on four equally weighted criteria that include return on investment, trading, analyst coverage and market capitalization growth in Cleantech, Diversified Industries, Mining, Oil & Gas and Technology and Life Sciences sectors.
"ENPAR is honoured to be named as part of this year's TSX Venture 50," said Dr. Gene Shelp, President and CEO of ENPAR. "The selection of our company in the Clean Technology sector is attributable to the combined achievements of our highly professional team of scientists, engineers, operations and business development personnel. We believe that being selected along with other high-performing companies is a reflection of the ENPAR commitment to advance our state-of-the-art, environmentally friendly water treatment technologies toward commercialization. Our listing on the TSX Venture Exchange has provided us with the ideal environment to meet our growth goals and objectives."
"We are pleased to celebrate the 2010 TSX Venture 50," said John McCoach, President, TSX Venture Exchange. "These outstanding companies are proven leaders in their respective sectors and we are proud to have them listed on TSX Venture Exchange. We wish them all continued success."
ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of water used in the mining, food and metal processing, chemical, agricultural, municipal and waste management sectors. The Company's 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.
SOURCE ENPAR TECHNOLOGIES INC.
For further information: For further information: Dr. Gene Shelp, President and CEO, Tel: (519) 836-6155, Fax: (519) 836-5683, E-mail: firstname.lastname@example.org, Web Site: www.enpar-tech.com