OTTAWA, April 20 /CNW Telbec/ - Seprotech Systems Inc., a Canadian Environmental Technology Company and manufacturer of water and wastewater treatment systems, is pleased to announce that it has received new orders valued at approximately $2.1 M CAD.
The new orders originate from an existing Standing Offer Contract with the Canadian Department of National Defence and are over and above amounts originally budgeted increasing the standing offer to approximately $3.35 M CAD for the Government 2010 fiscal year, which began on the 1st of April 2010.
"We are very pleased to have been awarded this additional order under a Standing Offer Agreement," said Martin J. Hauschild, President & CEO of Seprotech. "This increase demonstrates a high degree of confidence in Seprotech following a year in which the Canadian Forces have performed important water supply missions in various parts of the world."
The standing offer process provides the Canadian Government with immediate response and support to their equipment needs. The amount actually spent in any given year under Standing Offer Contracts varies according to operational requirements.
Seprotech is a provider of pre-engineered water and wastewater treatment plants to the land development, resource sector and military market place, including CrystalBlue(TM) membrane-based water recycling systems and the ROTORDISK(R) wastewater treatment systems.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
SOURCE BluMetric Environmental Inc.
For further information: For further information: Matthew Anderson, Investor Relations, Tel: (613) 523-1641, Fax: (613) 731-0851