Enpar Technologies Inc. (TSXV:ENP)
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GUELPH, ON, Oct. 17, 2011 /CNW/ - ENPAR Technologies Inc. ("ENPAR" or "the Company"), is pleased to announce that Dr. Gene Shelp, President and CEO, has been invited by Miahona (see ENPAR news release of October 13, 2011) to speak at the 1(st) NACE - JUBAIL Industrial Forum (www.nace-jubail.org/Form/techprog.aspx) to be held in Jubail, Kingdom of Saudi Arabia, on October 17-19, 2011. The conference will focus on industrial water treatment and corrosion protection.
Also, Dr. Shelp will attend the trade show booth sponsored by Miahona. The Company welcomes this opportunity for ENPAR and Miahona to introduce the ENPAR suite of novel, state-of-the-art, electrochemical water treatment technologies to plant managers and professional engineers representing the pre-eminent Saudi based petro-chemical and petroleum corporations.
This joint effort represents an important first step toward forging a successful business alliance as contemplated in the recently executed Memorandum of Understanding between the two parties.
About Miahona
A fully-owned subsidiary of the Arabian Company for Water and Power Development Ltd. (ACWA Holding - www.acwaholding.com), Miahona (www.miahona.com) is a world-class company which provides management services for urban utilities (management and concession) for water supply, waste water collection and treatment facilities. The Company develops, owns and operates waste water treatment plants based on EPCO/BOO/BOOT/BOT models. As a leading integrated company, Miahona also offers urban utilities engineering consultation in water and wastewater disciplines in the Kingdom of Saudi Arabia and the Middle East & North Africa region.
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 21 patents and has submitted numerous additional 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.
Enpar Technologies Inc.
CONTACT: Gene S. Shelp, Ph.D., P.Geo., President and CEOTel: (519) 836-6155Fax: (519) 836-5683E-mail: gshelp@enpar-tech.comWeb Site: www.enpar-tech.com