MONTREAL, Sept. 6, 2011 /CNW/ - PyroGenesis Canada Inc. ("PyroGenesis"
or the "Company") (TSX-V: PYR), an environmental solutions company that
designs, develops and manufactures plasma waste-to-energy systems and
plasma torch products, announced today that the U.S. Air Force Special
Operations Command (AFSOC) has accepted Pyrogenesis' Plasma Resource
Recovery System (PRRS).
The Company also announced that it has received a follow-on contract
from AFSOC to operate the PRRS for an initial three-and-a-half month
period at Hurlburt Field, Florida, the Air Force base where the system
is currently located.
"This is history in the making," said Terry Yonkers, assistant secretary
of the Air Force for Installations, Environment and Logistics. "This is
the first waste-to-energy project of this technology to go into an air
base. It has been a long time in the making."
"The PRRS acceptance and follow-on contract validates the utility of the
gasification technology in a commercial, land-based setting and permits
the Company to further optimize the system in-situ," said P. Peter
Pascali, President and Chief Executive Officer of PyroGenesis. "The
fact that this success was achieved with such a discerning client
demonstrates the quality standards we are able to attain, in a
commercial setting, and the great potential for our system in the
market. We are confident we will follow up with a longer-term United
States Air Force operations agreement."
PyroGenesis' plasma waste-to-energy system has been in operation at the
Florida base since late last year.
"This is a project we have been working diligently on, and to see it
recognized and operating is fulfilling and gratifying," said George
"Ron" Omley, AFSOC Environmental chief. "I look forward to seeing this
technology gain wider acceptance."
The Company believes the technology at the Hurlburt Field, Florida site
is the only operating commercial plasma gasification facility in North
America that has successfully demonstrated the ability to convert
unsorted municipal solid waste into electricity. The PRRS system is
designed to convert hazardous and non-hazardous waste into electricity
and a glassy rock, which can be used as a construction material.
About PyroGenesis Canada Inc.
PyroGenesis Canada is an environmental solutions company that designs,
develops and manufactures plasma waste-to-energy systems and plasma
torch products. PyroGenesis' proprietary plasma technologies utilize
the intense energy of plasma to gasify and vitrify virtually any type
of waste without producing hazardous by-products. PyroGenesis' patented
gasification and vitrification technology is different from
incineration because it produces a clean synthetic gas from waste,
which can be used for power generation. PyroGenesis' technology can
also turn waste into a glassy rock that can be utilized as construction
material. PyroGenesis has marquee defense industry and civilian
customers that are using its technology in marine and land-based
applications. For more information, please visit www.pyrogenesis.com
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words "may",
"plan", "will", "estimate", "continue", "anticipate", "intend",
"expect", "in the process" and other similar expressions which
constitute "forward-looking information" within the meaning of
applicable securities laws. Forward-looking statements reflect the
Company's current expectation and assumptions, and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current views
of the Company with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time in
the Company's ongoing filings with the securities regulatory
authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially.
Readers are cautioned not to place undue reliance on these
forward-looking statements. The Company undertakes no obligation to
publicly update or revise any forward-looking statements either as a
result of new information, future events or otherwise, except as
required by applicable securities laws.
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 PyroGenesis Canada Inc.
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