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ENP

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Share Name Share Symbol Market Type
TSXV:ENP TSX Venture Common Stock
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  0.00 0.00% 0 -

Mr. Sunil Ghorawat, CEO of Earth Water Group, Appointed to the Board of Directors

28/10/2013 3:12pm

Access Wire


A Company Specializing in Environmental Protection and Remediation Technologies

October 28, 2013. Guelph, Ontario. The Board of Directors ("the Board") of ENPAR Technologies Inc. ("ENPAR" or "the Company" or "the Corporation") is pleased to announce that Mr. Sunil Ghorawat has joined ENPAR as director effective immediately. He will serve on the Audit and Compensation Committees of the Board.

Mr. Ghorawat is a serial water entrepreneur, founder and CEO of Earth Water Group, a leading integrated emerging market water platform with a focus on South Asia. The Earth Water Group consists of system integration (Fontus Water), value added distribution (Aventura), analytics (Everything About Water) and several group businesses. Fontus has over 2,000 installations and a broad customer base of industrial, commercial and government clients. Aventura has one of the most robust distribution channels in India with an established set of brands. The Group has a track record of scaling water businesses, especially in emerging markets and creating value for shareholders. Prior to starting the Earth Water Group, Mr. Ghorawat was the Managing Director for the Indian subcontinent of Pentair Corporation, one of the largest water-treatment and pump companies in the world. He has built strong relations with a number of industries and key water professionals globally. He is a graduate of St. Xavier's College (Kolkata, India) and a management graduate of Case Western Reserve University (Cleveland, Ohio).

Dr. Gene Shelp, President and CEO, commented, "Management and the Board of Directors believe that Mr. Ghorawat possesses the business acumen and experience to advance the interests of ENPAR in India. We anticipate that his efforts will provide impetus to the near-term formation of business alliances and agreements within the groundwater and municipal wastewater treatment, mining, and industrial sectors in India."

Mr. Bill Arvanitis will step down from his position on the Board in order to make a position available for Mr. Ghorawat. The Board of Directors wishes to thank Mr. Arvanitis for his years of service to ENPAR.

ENPAR is a "Technology Company" applying its patented and proprietary "Electrochemical Technologies" to the treatment of waste 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".

FOR FURTHER INFORMATION PLEASE CONTACT:

Dr. Gene Shelp, President and CEO.

Tel: (519) 836-6155

Fax: (519) 836-5683

E-mail: gshelp@enpar-tech.com

Web Site: http://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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