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NCO

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Share Name Share Symbol Market Type
TSXV:NCO 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 -

Nuvolt Corporation Announces the Conclusion of a Validation Agreement of its SmartScan Pro With Unidindon

30/10/2012 12:34pm

Marketwired Canada


Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE:NCO) is pleased to announce the
conclusion of a validation agreement with Unidindon, the largest turkey
processing plant in Canada.


Mr. Jacques Dion, President and CEO of Nuvolt says: "We are extremely pleased
with the decision of Unidindon. We believe that food processing plants,
particularly slaughter houses, offer a very high sale potential market for our
SmartScan Pro technology in North America. Food processing plants and slaughter
houses are highly automated with a wide variety of motors and a sophisticated
electric network in a very difficult environment because of the level of
moisture. The SmartScan Pro is the only technology available on the market that
could predict a motor or an electrical failure of equipment, thus capable to
predict downtime. Our technology is designed for production assembly lines,
commercial buildings and tooling equipment."


According to Mr. Martin Rondeau, Vice-President, Olymel Poultry Operations: "Our
interest for SmartScan Pro technology is to assess the benefits related to the
monitoring and management of our production equipment, but also as a preventive
maintenance tool to improve the performance of our processing plants."


The Unidindon plant at St-Jean Baptiste-de-Rouville, Quebec, employs over 400
persons and has been owned jointly by Olymel (68%) and Exceldor (32%) since
1996. The largest turkey industry facility in Canada, Unidindon has an annual
slaughtering capacity of some 5 million birds. The live turkeys are supplied
mainly from Quebec and the Maritimes.


About Olymel l.p.

Olymel l.p. is a leader in the slaughtering, processing and distribution of pork
and poultry meat products in Canada, with facilities in Quebec, Ontario, Alberta
and New-Brunswick. The company employs some 10,000 persons and exports nearly
half its production, mainly to the United States, Japan and Australia, as well
as some sixty other countries. Its sales stood at more than $2 billion, with a
slaughtering and processing capacity of 160,000 hogs and 1.7 million birds a
week. The company markets its products mainly under the Olymel, Lafleur and
Flamingo brands. 


About Exceldor 

Exceldor is a cooperative specializing in the processing and marketing of fresh
poultry. The company, whose headquarters are in Levis, Quebec, employs 900
persons and processes 1.4 million chickens weekly at its plants in Saint-Anselme
and Saint-Damase. With over $400 million in sales, Exceldor is a leader in fresh
poultry marketing in Canada. Its products are marketed under the Exceldor brand.
Exceldor is joint owner of Volailles Giannone, another poultry sector firm.


About Nuvolt Corporation Inc. 

Nuvolt has developed a specialized expertise in the monitoring and the
management systems for electrical failures, power quality, the detection and
neutralization of leakage current for the agriculture, maritime, commercial and
industrial markets. SmartScan is now available to the agriculture market. The
SmartScan system has the ability to predict an electrical failure on equipment
and electrical networks. It could prevent equipment failures and production
downtime on production assembly lines and commercial buildings and also fire
risks. The ShipScan, for the maritime market, and the SmartScan Pro, for the
industrial market, have been launched to the market in September 2012.


Certain statements contained in this press release constitute forward-looking
information. Such statements are based on the current expectations of
management. You are cautioned that such statements can be subject to a multitude
of risks and uncertainties that could cause actual results, future circumstances
or events to differ materially from those projected in the forward-looking
information. The reader should not place undue reliance on the forward-looking
information included in this press release given that (i) actual results could
differ materially from a conclusion, forecast or projection in the
forward-looking information, and (ii) certain material factors or assumptions
were applied in drawing a conclusion or making a forecast or projection as
reflected in the forward-looking information could prove to be inaccurate. These
statements speak only as of the date they are made, and Nuvolt assumes no
obligation to revise such statements as a result of any event, circumstance or
otherwise, except in accordance with law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nuvolt Corporation Inc.
Jacques Dion
CEO
(418) 833-0773
(418) 833-4055 (FAX)

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