ENPAR and world class water company, Miahona, sign Memorandum of Understanding to develop water treament markets in the Middl...

    




 GUELPH, ON, Oct. 12, 2011 /CNW/ - Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc.   ("ENPAR" or "the Company"), is very pleased to announce that ENPAR has  entered into a Memorandum of Understanding (MOU) with Miahona (www.miahona.com) of the Kingdom of Saudi Arabia to develop markets for ENPAR's array of  state-of-the-art water treatment technologies in Saudi Arabia and other  regions of the Middle East . 

 A fully-owned subsidiary of the Arabian Company for Water and Power  Development Ltd. (ACWA Holding - www.acwaholding.com), Miahona 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. 

 Miahona specializes in the design, build and operation of  environmentally responsible water treatment and reuse projects.  Acknowledged as a leader in the application of scientific and technical  principles and accumulated local know-how, Miahona's scope of business  includes contract and concession management in the fields of water  supply, the development and treatment of groundwater resources and  treatment of waste water. 

 It has been reported that the Middle East and North Africa region  supports 5 percent of the world's population with less than 1 percent  of the global, available water supply. The value of the reuse market in  Saudi Arabia is estimated at USD $3.4 billion for the period 2009 -  2016, making it the third largest water reuse market in the world.  Saudi Arabia's advanced treated water reuse capacity is growing at an  annual rate exceeding 30 percent and is expected to reach 2.2 million  cubic meters per day by 2016 from its reported, current level of  260,000 cubic meters per day. 

 Designed to achieve high rates of contaminant removal and water  recovery, the ENPAR array of innovative water treatment technologies  represent immediate, sustainable solutions to assist Miahona to address  the Kingdom's environmentally conscious municipal and industrial  wastewater discharge regulations. 

 "The Kingdom of Saudi Arabia has one of the fastest growing economies in  the Middle East, and the wastewater and water reuse issues need to be  addressed now in order to sustain this rapid growth over the next five  years," said Professor Walid A. Abderrahman, Chairman of Miahona. "We  are pleased to be working with ENPAR, a leader in electrochemical water  treatment technologies. We anticipate that ENPAR will deliver  innovative and advanced water solutions for the Kingdom, as part of our  commitment to continue investing in projects focused on increasing the  supply of usable water for the country." 

 Miahona will identify specific applications and facility locations for  ENPAR systems. The anticipated implementation of a formal agreement is  expected to provide impetus to secure orders for ENPAR water treatment  technologies. 

 Dr. Shelp commented, "This MOU represents a significant business  opportunity for ENPAR to work closely with a world class organization  which is acknowledged for its business achievements in the water and  energy sectors in the Kingdom of Saudi Arabia and other regions of the  Middle East. Management expects that Miahona will identify numerous  prospects which will result in the near-term deployment of our products  within Miahona's sphere of operation. We believe that our products are  well suited to the water treatment markets served by Miahona and  anticipate that successful execution of this agreement will result in a  formal, long-term business relationship within the next 12 to 24  months. This accord aligns with the ENPAR growth strategy to achieve  market entrance and acceptance through business relationships with  well-established, highly respected firms serving an existing, broad  client base and with access to distribution channels."    

 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 20 patents  and has submitted an additional 18 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: [phone]Fax: [phone]E-mail: [e-mail] Site: www.enpar-tech.com70 Southgate Drive, Unit 4, Guelph, ON,   CANADA  N1G 4P5 


    

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