GUELPH, ON, Sept. 13 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR
Technologies Inc. ("ENPAR"), is pleased to announce that a major American
water company ("COMPANY") has purchased DesEL units for testing the
applicability of ENPAR's water treatment system for the North American
commercial and residential markets.
This announcement follows approximately 12 months of successful
laboratory testing of ENPAR's laboratory unit by the COMPANY. During the
second phase of testing ENPAR will focus on the development of a
point-of-entry prototype that will treat approximately 8 litres of water per
minute. The Company will conduct on-site testing of that prototype at several
commercial sites. Shipment of the first 4 full-scale units is expected to
occur within the next week. Additional orders are anticipated the third or
fourth quarter of this year. On-site testing will continue for 6 to 12 months.
In May 2006, ENPAR entered into a Mutual Confidentiality Agreement with
the COMPANY for the sole purpose of evaluating a possible business transaction
relating to ENPAR's DesEL Technology as an alternative to conventional
residential and commercial home water treatment systems such as reverse
osmosis units and water softeners.
For competitive reasons ENPAR may not disclose the name of the COMPANY at
this time. However, a formal binding contract between the two parties is
expected to be finalized in the near future. Shareholders will be informed as
Based on published information, the global residential/commercial market
is currently valued at $15B USD annually, with the market predicted to reach
approximately $45B by 2011. In the US alone, the residential and commercial
markets are estimated to be greater than $3B and $5B, respectively.
As indicated in an earlier press release, the commercial market will be
the initial target because of more favourable economics; however, the COMPANY
also plans a limited number of installations at residential sites in
environmentally-challenged regions. One such region is the State of
California, where the government is implementing strategies for reducing
wastewater chloride levels that originate from self-regenerating water
ENPAR's DesEL System can replace both the reverse osmosis unit and the
ENPAR is a "Technology Company" applying its patented and proprietary
"Electrochemical Technologies" to the treatment of waste 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".
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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.
For further information:
For further information: Dr. Gene Shelp, President and CEO, Tel: (519)
836-6155, Fax: (519) 836-5683, E-mail: email@example.com, Web Site: