Seair and Denisson resolve dispute

EDMONTON, AB, Nov. 17, 2011 /CNW/ - Seair Inc. (SDS:TSX Venture Exchange) is pleased to announce they and Denisson Industries Ltd. ("Denisson") have agreed to discontinue the alleged patent infringement claim filed by Denisson in January 2009. The parties will file a written notice of discontinuance once all the terms of the agreement have been satisfied, which should take approximately 90 days.

About Seair

Seair develops proprietary equipment that diffuses gases, such as oxygen, ozone and carbon dioxide, into liquids. Seair's patented technologies can produce extremely small bubbles which are more efficient than other diffusion technologies. The result is a stable condition, where gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. This, in turn, facilitates gas-based treatment of complex and challenging wastewater and allows Seair to provide full water reuse and closed loop systems.

Seair applications include frac and produced water treatment, efficient aeration of industrial ponds, mine dewatering, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment, and oil sands/SAGD water solutions.

Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to info@seair.ca or visit the Seair website at www.seair.ca.

This news release contains forward-looking statements, in particular statements relating to the future prospects of reaching a written agreement and the anticipated timing of said settlement agreement. Although the company is confident a written agreement will be reached and that the matter will be resolved to both parties' satisfaction in the near future, there is no guarantee a written agreement will be reached. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expects" and similar expressions. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Such forward-looking statements are subject to important risks, uncertainties and assumptions. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Seair Inc. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this news release are made as of the date of this news release, and Seair Inc. does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

This press release is not for distribution to United States Newswire Services or for dissemination in the United States.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE SEAIR Inc.

For further information:

Harold Kinasewich
Seair Inc.
T: 780 477 7188
F: 780 477 6622
E: Harold@seair.ca

Or

John Yannitsos
Prasino Capital Management
T: 403 452 4624
F: 403 452 4597
C: 403 614 7365
E: JYannitsos@PrasinoCapital.com

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