OTTAWA, Dec. 14, 2012 /CNW/ - Clearford Industries Inc. ("Clearford" or
the "Company"),(TSXV: CLI) today announced the Delhi Jal Board has
approved the Clearford Small Bore Sewer™ (SBS™) collection system for
use in the village of Bijwasan.
The Delhi Jal Board, the government agency responsible for water and
waste water services in the national capital region of Delhi,
has provided its approval to Engineers India Ltd. for implementing a
pilot project in the village of Bijwasan based on the Clearford SBS™
collection system. Final documentation and commencement of
implementation is expected early next year.
The pilot will service a population of 6,000 inhabitants in the
village of Bijwasan adjoining the Indira Gandhi International Airport.
The national capital region of Delhi has a population of 18.2 million.
Over 1.0 million of them reside in 369 villages with an additional 895
unauthorized colonies in Delhi who do not have proper sewage collection
systems or sewage treatment plants. Upon successful completion of the
pilot, it is anticipated that Clearford's SBS™ system will be selected
for implementation in numerous colonies servicing over 100,000
"We are looking forward to working with our partners Engineers India
Ltd. to demonstrate to the Delhi Jal Board the effectiveness of
Clearford's SBS™ system in addressing the challenge of dealing with
waste water collection and treatment in Bijwasan" said Clearford's
President, Kevin Loiselle.
Bijwasan is representative of thousands of villages throughout India
that would benefit from the unique ability of the Clearford SBS system
to function in low water environments. This initial project under the
Delhi Jal Board will be a valuable reference for Clearford.
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.
About Clearford Industries Inc.
Clearford Industries Inc. (TSX-V: CLI) is the developer of the patented
Small Bore Sewer™ (SBS™) based solution, which enables the efficient
collection and treatment of sewage. Its superior operational and
environmental performance is achieved at a significantly lower
operational cost when compared to historic gravity sewers. Clearford's
SBS™ technology and industry expertise provide the enabling platform to
deliver on a global basis, a turnkey, wastewater collection and
treatment solution that is ideally suited for; water-scarce regions,
communities with unreliable water distribution networks, and new
developments seeking a greener approach to full water and wastewater
management. For more information on Clearford, please visit www.clearford.com.
Forward Looking Statements
This news release contains certain statements that constitute
forward-looking statements as they relate to the Company and its
management. Forward-looking statements are not historical facts but
represent managements current expectation of future events, and can be
identified by words such as "believe", "expects", "will", "intends",
"plans", "projects", "anticipates", "estimates", "continues" and
similar expressions. Although management believes that the expectations
represented in such forward-looking statements are reasonable, there
can be no assurance that they will prove to be correct.
By their nature, forward-looking statements include assumptions and are
subject to inherent risks and uncertainties that could cause actual
future results, conditions, actions or events to differ materially from
those in the forward-looking statements. If and when forward-looking
statements are set out in this news release, Clearford will also set
out the material risk factors or assumptions used to develop the
forward-looking statements. Except as expressly required by applicable
securities law, the Company assumes no obligation to update or revise
any forward looking statements. The future outcomes that relate to
forward-looking statements may be influenced by many factors,
including, but not limited to: industry cyclicality; the ability to
secure third party agreements; successful integration of Clearford's
system with third party technology; competition; reduction in demand
for products; collection from customers; relationships with suppliers;
product liability; intellectual property; reliance on key personnel;
environmental; interest rates; uninsured and underinsured losses;
operating hazards; risks of future legal proceedings; income tax
matters; credit facilities; availability and terms of financing;
distribution of securities; restrictions on potential growth; effect of
market interest rates on price of securities; and potential dilution.
SOURCE: Clearford Industries Inc.
For further information:
Clearford Industries Inc.
Phone: (613) 762-8402