CALGARY, Jan. 20, 2014 /CNW/ - Pure Technologies Ltd. ("Pure" or the
"Company") (TSX: PUR) is pleased to announce it has been selected as
Cantech Letter's Canadian Cleantech Stock of the Year. Pure was
presented the award at a gala awards dinner at the Metro Toronto
Convention Centre on Thursday, January 16th.
The Cantech Letter Awards celebrate the very best in Canadian
technology. The winning companies are chosen by a panel of Canada's top
technology analysts and the readers of Cantech Letter (http://www.cantechletter.com/). Past winners include Avigilon, Catamaran Corp. and Glentel. The 2013
Cantech Letter Awards is the fourth annual, and the first for the
"I would like to thank Cantech Letter and members of the financial
community who have made this award possible," commented Jack Elliott,
Pure's President and COO. "I believe I speak for everyone at Pure in
saying it is an honour to be recognized for the work we enjoy doing
each day. Canada's technology sector is alive and well and many of its
companies are leading the way in their respective fields. It is
gratifying to know that our efforts are making a difference in the
Cantech Letter's Nick Waddell commented on the award. "I am very pleased
to present Pure Technologies with the inaugural Cleantech Stock of the
Year Award. Pure's continuing focus on innovation makes it a model for
its peers in the innovation, pipeline condition assessment and asset
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 James E. Paulson, Chairman, Karen Keebler, Chief Financial Officer or Paul Moon, Investor Relations at (403) 266-6794 or e-mail to firstname.lastname@example.org.