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EUO Eurocontrol Technics Group Inc.

0.03
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eurocontrol Technics Group Inc. TSXV:EUO 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% 0.03 0.02 0.025 0 01:00:00

Eurocontrol Commences Albanian National Fuel Marking Contract

04/09/2013 12:04pm

Marketwired Canada


NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES.

Eurocontrol Technics Group Inc. (TSX VENTURE:EUO) ("Eurocontrol" or the
"Company"), a Canadian public company specializing in the acquisition,
development and commercialization of innovative energy security, authentication,
verification and certification technologies, announces that its wholly owned
subsidiary Global Fluids International S.A. ("GFI") has commenced the national
fuel marking and tracing contract in Albania.


By implementing this national fuel marking and tracing contract, Albania is
taking the lead against corruption in the fuel market in the Balkan area and
based on results in other countries, Albania anticipates an increase in fuel
taxes of between EUR150 to EUR200 million per year and an improvement in fuel
quality and the environment.


Bruce Rowlands, Eurocontrol's Chairman and CEO stated: "The implementation of
GFI's Petromark(TM) system in Albania forms part of a comprehensive campaign
against fuel tax evasion. We are very pleased that the Government of Albania has
taken this positive initiative towards improving tax collection and fuel
quality."


About Eurocontrol Technics Group Inc.

Eurocontrol through its three wholly owned subsidiaries, Global Fluids
International S.A. ("GFI"), Xenemetrix Inc. ("Xenemetrix") and XwinSys Ltd.
("XwinSys"), is a leading provider and innovator of detection and marking
systems worldwide. GFI and Xenemetrix are global pioneers in developing and
implementing innovative molecular marking systems for the oil industry and
XwinSys is currently a development stage company. GFI's unique and proprietary
liquid authentication system, Petromark(TM), is the world's leading solution for
fully integrated oil marking, mixing and detection. Xenemetrix is a leading
designer, manufacturer and marketer of energy-dispersive x-ray fluorescence
("EDXRF") systems, a technology that is the most accurate and economic method
for determining the chemical composition of many types of materials, including
the analysis of petroleum oils and fuel. XwinSys is currently developing
intellectual property that will combine 2D and 3D image processing technology
from Brossh Inspection Systems Ltd. of Israel with Xenemetrix's EDXRF technology
to detect manufacturing flaws in the semi-conductor manufacturing process.


NEITHER THE 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: 
Eurocontrol Technics Group Inc.
W. Bruce Rowlands
Chairman and Chief Executive Officer
(416) 361-2808
(416) 860-9900 (FAX)
browlands@eurocontrol.ca
www.eurocontrol.ca

1 Year Eurocontrol Technics Group Inc. Chart

1 Year Eurocontrol Technics Group Inc. Chart

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1 Month Eurocontrol Technics Group Inc. Chart

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