Seprotech Announces Revised Terms of Loan Facility

OTTAWA, Aug. 25, 2011 /CNW/ -- 
OTTAWA, Aug. 25, 2011 /CNW/ - Seprotech Systems Incorporated (TSX-V:
 SET; "Seprotech" or the "Company") advises that it has reached
 agreement with its principal lender to convert its revolving term loan
 facility in the amount of $615,806 to a term loan repayable in monthly
 instalments over 5 years. The term loan is secured by a general
 security agreement over all the assets of the Company.


In addition, the lender has agreed to waive compliance with loan
 covenants until February 29, 2012.


These changes will assist the Company in completing its restructuring
 activities and restoring its balance sheet.


Seprotech is a provider of pre-engineered water and wastewater treatment
 plants to the land development sector, the resource sector and military
 market place, including CrystalBlue™ membrane-based water recycling
 systems and the ROTORDISK® wastewater treatment systems.


About Seprotech:


Seprotech is a provider of pre-engineered water and wastewater treatment
 solutions to the municipal/land development, resource sector and
 military market place, including Reverse Osmosis water purification
 systems, ROTORDISK® biological sewage treatment package plants and
 CrystalBlue™ membrane-based water recycling systems.


Neither 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.
 The TSX Venture Exchange has neither approved nor disapproved of the
 information contained herein. Some of the statements in this press
 release, including those relating to the Company's strategies and other
 statements that are predictive in nature, that depend upon or refer to
 future events or conditions, or that include words such as "expects",
 "anticipates", "intends", "plans", "believes", "estimates" or similar
 expressions, are forward-looking statements within the meaning of
 securities laws. Forward-looking statements include, without
 limitation, the information concerning possible or assumed future
 results of operations of the Company. These statements are not
 historical facts but instead represent only the Company's expectations,
 estimates and projections regarding future events. The Company does not
 undertake any obligation to update or release any revisions to these
 forward-looking statements to reflect events or circumstances after the
 date of this presentation or to reflect the occurrence of unanticipated
 events, except as required by law.


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p Mr. Ian W. Malone, CFObr/ Tel: [phone]br/ Fax: [phone] /p 

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