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CALGARY, Feb. 16 /CNW/ --
CALGARY, Feb. 16 /CNW/ - Pure Technologies Ltd., ("Pure") (TSX-V: PUR) announced today it was chosen as one of the 2011 TSX Venture 50, a
ranking of strong performing companies listed on the TSX Venture
Exchange.
The 2011 TSX Venture 50 is comprised of ten companies from five
different sectors, with Pure chosen as part of the Clean Technology
sector. Out of the 2,154 companies listed on the TSX Venture Exchange,
the top 50 were chosen based on criteria including share price
appreciation, trading volume, market capitalization growth and analyst
coverage, with equal weighting assigned to each.
"Our market provides a unique growth opportunity for early stage
companies, and we are very pleased to celebrate the success of these
issuers," said John McCoach, President, TSX Venture Exchange.
For more information on the 2011 TSX Venture 50, click here:
http://www.tmx.com/en/news_events/news/news_releases/2011/2-15-2011_TMXGroup-2011Venture50.html
About Pure Technologies Ltd.
Pure Technologies Ltd. is an international asset management technology
and services company which has developed patented technologies for
inspection, monitoring and management of critical infrastructure around
the world. Pure's business model incorporates four distinct but
complementary business streams:
-- Sales of proprietary monitoring technologies for pipelines,
bridges and structures (SoundPrint®, SoundPrint® AFO);
-- Recurring revenue from data analysis and site maintenance for
these technologies, and from technology licensing;
-- Premium technical services including inspection, leak detection
and condition assessment (P-Wave®, SmartBall®, Sahara®,
PipeDiver™, PureRobotics™);
-- Specialized engineering services in areas related to asset
management, primarily in the area of pipeline condition
assessment for water and wastewater infrastructure (Openaka
Corp., Price Brothers UK Ltd, and Jason Consultants).
Forward-Looking Statements
This release contains forward-looking statements. Forward-looking
statements, without limitation, may contain the words "believes",
"expects", "anticipates", "estimates", "intends", "plans", or similar
expressions. Forward-looking statements are not guarantees of future
performance. They involve risks, uncertainties and assumptions and the
Company's actual results could differ materially from those
anticipated. Forward-looking statements are based on the opinions and
estimates of Management at the date the statements are made, and are
subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those
projected in the forward-looking statements. In the context of any
forward-looking information please refer to risk factors detailed in,
as well as other information contained in, the Company's filings with
Securities Regulators (www.sedar.com).
® Registered Trademarks, property of Pure Technologies Ltd.
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release"
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2011/16/c3099.html
pTo find out more about Pure Technologies Ltd. (TSX-V: PUR), visit our website at a href="http://www.puretechnologiesltd.com/"www.puretechnologiesltd.com/a. Or contact James E. Paulson, Chairman or Karen Keebler, Chief Financial Officer at (403) 266-6794 or e-mail to a href="mailto:info@puretechnologiesltd.com"info@puretechnologiesltd.com/a./p