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MSS Multi-Glass International

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Share Name Share Symbol Market Type
Multi-Glass International TSXV:MSS 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 -

Kelso Technologies Inc.: Manway Goes to Houston, Texas

28/02/2011 6:18pm

Marketwired Canada


Mr. James R. Bond, CEO and President of the Company (TSX VENTURE:KLS) is pleased
to report that the Company has successfully presented its patented Manway
Securement System ("MSS") to key representatives of the railroad industry, and
the United States Federal Rail Administration ("FRA") in Houston, Texas during
the week of February 17, 2011.


In attendance were regulators, chemical shippers, tank car fleet managers, first
responders (firefighters), repair/retrofit shop personnel, third party fleet
managers and hazardous material loading/unloading personnel. Those involved
universally supported the product design and application as a very significant
improvement in tank car MSS technology and urged Kelso to press forward with its
introduction and full scale distribution into the railroad transportation
market.


Mr. Neil Gambow, CEO and President of the Company's wholly owned subsidiary
Kelso Technologies (USA) Inc. who leads the MSS initiative reports that, "Many
industry people have now seen our new patented MSS and are genuinely excited
about the potential to simplify the complex securement procedures currently
utilized; substantially reduce non-accidental releases of hazardous materials
into the environment and to significantly reduce or eliminate very expensive
regulatory penalties and fines. We have obviously introduced a product that
meets the intent of the regulatory agencies for better manway securement
technology and this represents a major business opportunity to grow Kelso's
future business."


Kelso has received the necessary AAR Application Number to permit installation
of the MSS on railroad tank cars currently in service. In addition several large
chemical customers have agreed to install an aggregate of seven MSS units for a
five to six month service trial evaluation on tank cars in service.


As an integral part of our marketing initiatives the MSS will next be presented
to the Annual Meeting of the Chlorine Institute in March 2011; the meeting of
the AAR Tank Car Committee in April 2011; and the Bureau of Explosives
exposition in May 2011. The MSS is expected to commence its commercial sales
launch in the fall of 2011 after completion of the assessment of performance
data provided by the tested MSS units.


About Kelso Technologies

Kelso engineers; manufactures; markets and distributes an innovative proprietary
Manway Securement System and a variety of patented pressure relief valve
products. In the development stages are proprietary nanocomposite anti-corrosion
coatings. All products are designed to provide safer containment systems to
reduce the risk of environmental harm due to non-accidental events in the
transportation of hazardous commodities via railroad tank cars in North America.


The Company anticipates that with the economic recovery in North America, the
more stringent enforcement of US and Canadian environmental regulations for
shippers of chemical commodities and the adverse effects of wear and tear on
existing railroad fleets that the railroad industry will rebound significantly.
Management is confident that its reorganization in 2010 and new capital
resources will allow Kelso to successfully pursue a market made up of over 700
new tank-car builders, leasing companies, major chemical shippers, repair shops
and retrofitters allowing the Company to grow its business successfully over the
coming years.


The Company will update, by way of news releases, progress reports in the
future. For a more complete business and financial profile of the Company,
management encourages interested parties to view the Company's website at
www.kelsotech.com and public documents posted on www.sedar.com.


On behalf of the Board of Directors

James R. Bond, CEO and President

Legal Notice Regarding Forward Looking Statements: This news release contains
"forward-looking statements within the meaning of applicable Canadian securities
legislation. Forward-looking statements are indicated expectations or
intentions. Forward-looking statements in this news release include that we are
expecting to install another seven MSS units for a five to six month service
trial evaluation on tank cars in service; that the MSS is expected to commence
its commercial sales launch in the fall of 2011; that a market of over 700
potential customers exists, that the railroad industry will rebound
significantly and that we can grow our man-way securement system and valve
business. The Company's products involve detailed proprietary and engineering
knowledge and specific customer adoption criteria, hence factors that could
cause actual results to be materially different include that we may be
unsuccessful in raising any additional capital needs that may arise; we may not
have sufficient capital to develop, produce and deliver new orders; orders that
are placed may be cancelled; product may not perform as well as expected;
markets may not develop as quickly as anticipated or at all; or that the
productive capacity of Kelso may not be large enough to handle market demand.
Further, we are reliant on certain key employees who may leave the Company and
we may be unable to protect or defend our intellectual property. Investors are
cautioned against placing undue reliance on forward-looking statements.


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