A Company Specializing in Environmental Protection and Remediation Technologies

GUELPH, ON, Jan. 20 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSX-V:ENP) ("ENPAR" or "the Company"), is very pleased to announce that ENPAR has entered into a Memorandum of Understanding (MOU) with InTechnology Chile Ltda ("InTechnology") to develop markets in Chile and other Latin-American countries for ENPAR's array of state-of-the-art water treatment technologies.

Based in Santiago, Chile, InTechnology is a privately held engineering firm that has been in operation for more than 10 years. InTechnology is dedicated to providing a full range of innovative environmental processes, technologies and services to domestic and international industrial sector clients. Their highly regarded engineering team has wide experience in disciplines relating to production process optimization, energy efficiency, municipal drinking water treatment, and industrial and municipal wastewater treatment. InTechnology's clientele includes world class companies such as CODELCO, the National Copper Corporation of Chile which is currently the largest copper producer in the world; FRUTEXSA, a major world-wide exporter of dried fruits and nuts; and Salmon Marine Harvest, a Norwegian company with between 25-30% of the global salmon and trout market.

InTechnology has been involved with the design, development and installation of a combined total of 70 municipal and industrial liquid waste and sewage treatment systems. Pursuant to the MOU, InTechnology expects to introduce the ENPAR water treatment technologies and develop novel integrated systems that provide more comprehensive solutions for markets initially in Chile.

InTechnology will conduct a market study to identify specific applications and facility locations for pilot tests of ENPAR systems. Senior members of the InTechnology engineering and business development team are scheduled to visit ENPAR headquarters in early March. The anticipated implementation of a formal agreement will result in a pilot-test program and is expected to provide impetus to secure orders for full-scale ENPAR water treatment systems. The proposed business model is expected to focus on build-own-operate installations, a common practice in Chile and other countries in South America.

Dr. Shelp commented, "This MOU exemplifies the ENPAR growth strategy to achieve market entrance and acceptance, when appropriate, through business relationships with well-established, highly respected firms serving an existing, broad client base and with access to distribution channels. InTechnology believes that the ENPAR products is well suited to the Chilean water treatment market estimated at US $1 billion annually. The successful deployment of our technologies within the framework of the build-own-operate model should provide ENPAR with a long-term revenue stream."

About ENPAR Technologies Inc.

ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol "ENP". At present, ENPAR holds a total of 20 patents and has submitted an additional 18 patent applications related to six distinct technologies.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks.  These forward-looking statements speak only as of the date hereof.  Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. ENPAR believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. ENPAR undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Enpar Technologies Inc.

For further information:

Gene S. Shelp, Ph.D., P.Geo., President and CEO
Tel: (519) 836-6155
Fax: (519) 836-5683
E-mail: gshelp@enpar-tech.com
Web Site: www.enpar-tech.com

Profil de l'entreprise

Enpar Technologies Inc.

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