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ENP

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Share Name Share Symbol Market Type
TSXV:ENP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

ENPAR Finalizes Contract for Demonstration of Water Treatment System with The Ontario Greenhouse Alliance

04/03/2013 5:31pm

Access Wire


March 4, 2013. Guelph, Ontario.- Dr. Gene Shelp, President and CEO is pleased to announce that a contract for a water treatment demonstration unit to assess technology for recycling and reusing greenhouse wastewater has been awarded to ENPAR Technologies Inc. (TSX:ENP) ("ENPAR" or "the Company"). The unit will be installed in a facility owned and operated by a member of The Ontario Greenhouse Alliance (TOGA). Vegetable greenhouses use a soilless hydroponic growing system that involves the supply of nutrients to the growing plants through their water. While advances have been made in the ability of greenhouses to recirculate the water after it is supplied to the plants, there is opportunity to increase the efficiency of recirculating systems by removing 'limiters' from the solution. 'Limiters' are chemical compounds that gradually accumulate in the recirculating water that are not taken up and used by the plants. TOGA is currently developing and demonstrating the practicality and benefits of new, made-in-Ontario water treatment technologies. The goal is to efficiently recycle nutrient feed water, help the greenhouse industry conserve water by using less fresh water per hectare, and recapture full value from all nutrients. "ENPAR is extremely pleased to partner with TOGA to introduce its state-of-the-art water treatment technology to the Ontario agribusiness," stated Dr. Shelp. "We are confident this technology will prove to be capable of meeting greenhouse operators' water treatment needs and provide economic and environmental benefits to both Ontario and Canada." The ENPAR business development strategy is focused on leveraging recent successes to introduce the Company's versatile water treatment products to the municipal, food processing, mining, energy and industrial sectors worldwide. Global market penetration will be achieved through business relationships with established, highly respected firms with access to an existing, broad client base and distribution channels. TOGA is a strategic partnership between the two organizations representing Ontario's greenhouse floriculture growers and Ontario's greenhouse vegetable growers. There are about 500 greenhouse operations in Ontario that collectively make up the memberships of the two organizations. Investment in this project has been provided by Agriculture and Agri-Food Canada through the Canadian Agricultural Adaptation Program (CAAP). In Ontario, this program is delivered by the Agricultural Adaptation Council. Additional investments have been provided through the Ontario Ministry of Environment's Showcasing Water Innovation Program and the greenhouse sector. About ENPAR Technologies Inc. ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of water used in the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The Company's common shares trade on Tier ll of the TSX Venture Exchange under the symbol "ENP". 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. FOR FURTHER INFORMATION PLEASE CONTACT: Dr. Gene Shelp, President and CEO Tel: 519.836.6155 Fax: 519.836.5683 E-mail: info@enpar-tech.com Web Site: www.enpar-tech.com 70 Southgate Drive, Unit 4,Guelph, ON, CANADA N1G 4P5 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.

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