CALGARY, June 6, 2014 /CNW/ - Pure Technologies Ltd. ("Pure" or the
"Company") (TSX: PUR) is pleased to announce the appointment of Mr.
Geoff Krause, C.A., C.P.A., as Chief Financial Officer of the Company,
effective July 14, 2014.
Mr. Krause is currently Vice President, Finance, for Tervita
Corporation, a private environmental solutions and energy services
provider with over 4,000 employees, where he oversees a finance team of
more than 150 employees spanning multiple divisions. Prior to joining
Tervita in 2011, Geoff held CFO positions at Pristine Power Inc. and
Cork Exploration Inc., both previously TSX-listed companies prior to
"Geoff's experience and proven leadership capabilities are a perfect fit
for Pure at this stage in our Company's development," said Jack
Elliott, President and CEO. "Geoff has extensive experience in
corporate and operations financial management in a service
environment. We are delighted that we have been able to attract an
executive of his caliber to this critical position, and we look forward
to having him as a key member of our executive team as we move to the
next phase of growth."
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
Premium technical services including pipeline inspection, leak detection and condition assessment (PureEM™, SmartBall®, Sahara®, PipeDiver®, PureRobotics®; PureMFL™;
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).
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.
"The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release"
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 Paul Moon, Investor Relations; 403 266-6794 or firstname.lastname@example.org.