QUEBEC CITY, Aug. 28 /CNW Telbec/ - Opsens Inc. ("Opsens" or "the
Company") (TSX-V: OPS) announced today that it has engaged Barnes McInerney
Inc. (BMI) of Toronto to provide strategic investor relations consulting
services. BMI offers a fully integrated suite of products, focusing on
strategic investor relations, initial public offerings, mergers &
acquisitions, roadshow marketing, corporate communications and new media
"Barnes McInerney is Canada's premier investor relations consulting
firm," said Pierre Carrier, President and CEO. "We are pleased to be working
with them to expand our market presence, and leverage their expertise and vast
network of contacts to advance our business in the oil and gas, medical
instrumentation, energy, and scientific and military laboratory fields."
"Opsens is targeting the oil sands market in Alberta's oil and gas
sector, where steam-assisted gravity drainage (SAGD) is an established
production process, providing a growing market opportunity for the
installation of Opsens sensors," said Ken Barnes, Managing Partner, BMI. "The
Company's products, which use unique, leading-edge fibre optic sensors,
provide critical information for the optimization of SAGD to maximize recovery
and cost efficiencies. We look forward to helping Opsens achieve its business
objectives by communicating its value proposition and growth strategy to the
Barnes McInerney was engaged by Opsens on August 27, 2008. The Company
will pay BMI a monthly fee of $7,250 for professional services for a period of
12 months. Neither BMI, nor any of its employees holds an interest, directly
or indirectly, in Opsens, nor any right or intent to acquire such an interest.
This agreement is subject to acceptance by the TSX Venture Exchange.
About Opsens Inc. (www.opsens.com)
Opsens is a leading developer, manufacturer, and supplier of a wide range
of fiber optic sensors and associated signal conditioners based on proprietary
patent and patent-pending technologies. Opsens sensors provide long-term
accuracy and reliability in the harshest environments. Opsens provides sensors
to measure pressure, temperature, strain, and displacement to original
equipment manufacturers (OEM) and directly to end-users in the oil and gas,
medical instrumentation, energy, and scientific and military laboratory
fields. Opsens offers technical services, such as on-site installation,
training, and turnkey fiber optic systems.
About Barnes McInerney Inc. (www.barnesmcinerney.com)
Barnes McInerney Inc. is Canada's premier investor relations consulting
firm. Over the past 20 years, Barnes McInerney has served the needs of more
than 500 leading public companies in every sector of Canada's capital markets.
By building strong relationships with its clients and the investment
community, Barnes McInerney provides effective strategic consulting,
shareholder outreach and communications services, all supported by
leading-edge multi-media capabilities.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Pierre Carrier, President and CEO, Opsens Inc.,
(418) 682-9996; Louis Laflamme, CA, Chief Financial Officer, Opsens Inc.,