Seprotech announces appointment of Jordan Grant as Chief Executive Officer and Wilf Stefan as President and Chief Operating Officer

OTTAWA, Jan. 27 /CNW/ - The Board of Directors of Seprotech Systems Incorporated (TSX-V: SET; "Seprotech" or the "Company") today announced its Chairman Jordan Grant has been appointed as the Company's Chief Executive Officer.  Martin J. Hauschild has stepped down as President and Chief Executive Officer, and as a Director of the Company, effective immediately. In addition, Mr. Grant is pleased to announce that Wilf Stefan will be promoted to President & Chief Operating Officer of the company.

Mr. Stefan, a P. Eng., joined Seprotech in 2005.  Coming from the oil & mining industries he was initially hired to head up marketing and sales to the resource sector. Subsequently, Mr. Stefan became VP Operations, managing the Company's production and service delivery, giving him a well-rounded knowledge of all aspects of the operation. "I welcome Wilf in his new role as President & COO and we look forward to his steady hand as the company undergoes the transition from a boutique supplier of specialized systems to a market-leading provider of small- to mid-sized water and wastewater package plants", said Mr. Grant. "This move rounds out a strong senior management team consisting, in addition to Mr. Stefan, of our new CFO, Ian Malone, and our Vice-President of Finance & Corporate Development, Matt Anderson. We expect to be making announcements soon regarding additions to our Board of Directors."

Mr. Grant expressed his thanks to Mr. Hauschild for his service to the company through a difficult economic environment. "Under Martin's direction, the company has developed several proprietary state-of-the-art treatment technologies and is well-positioned to monetise this intellectual property in a number of growing markets."

Mr. Hauschild will continue to pursue certain strategic business opportunities in support of the Company's sales efforts. 

Mr. Grant stated that Seprotech's top priorities are to focus on sales and to restore the Company's balance sheet by raising additional working capital. "The Company has a substantial sales pipeline that must be converted into firm orders.  In support of sales, marketing initiatives are being implemented by our new Director of Marketing and Sales, Kevin Bloodworth to improve our sales tools and expand our rep network. This includes a new Company website.

"The next priority is to enhance the company's product offerings with additional solutions targeted to the same market segments currently served by the well-proven Rotordisk package sewage treatment plant," continued Mr. Grant. "Finally, completing the roll-out of the patent-pending Crystal Blue membrane bioreactor is expected to give us a competitive advantage in locations where there is a demand for water recycle systems. With all of these initiatives in place, we should be in a strategic position to become a major force in our segment of the market."

Seprotech is a provider of pre-engineered water and wastewater treatment plants to the land development, resource sector and military market place, including CrystalBlue™ membrane-based water recycling systems and the ROTORDISK® wastewater treatment systems.

Neither 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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.

SOURCE Seprotech Systems Incorporated

For further information:

Mr. Matthew Anderson, Vice-President Finance and Corporate Development
Tel: (613) 523-1641
Fax: (613) 731-0851

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Seprotech Systems Incorporated

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