ESI Continues Evolution of GroPoint(TM) Lite Sensor With Release of SDI-12 Version
March 31 2011 - 1:37PM
Marketwired
E. S. I. Environmental Sensors Inc. ("ESI" or the "Company") (TSX
VENTURE: ESV) is pleased to announce that a new SDI-12 version of
the GroPoint™ Lite soil moisture sensor is now available. This new
SDI-12 output will appeal to markets for existing and new
irrigation systems, as well as OEM sellers. ESI is now working with
key accounts to establish 2011 product needs and requirements.
ESI's GroPoint™ Lite soil moisture sensor has been available
since 2009, however, the Company has previously only offered three
output options: a 0 to 5 mA (milliamp), a 4 to 20 mA (high current)
and a 0 to 2.5 V (voltage) output. The new SDI-12 output version of
the GroPoint™ Lite soil moisture sensor will be identical in all
other respects offering the same accurate, reliable and robust
sensor. The small, sleek, light-weight design is extremely easy to
install. This new SDI-12 version of the GroPoint™ Lite will meet
the input requirements of newer irrigation controllers now being
offered by several manufacturers.
SDI-12 stands for serial/digital interface at 1200 baud and is
intended for applications with the following requirements: battery
powered operation with minimal current drain, low system costs, use
of a single data recorder with multiple sensors on one cable, and
up to 200 feet of cable between a sensor and a data recorder.
This new version of GroPoint™ Lite is an analog sensor with a
SDI-12 interface and output, offering a host of advantages to
potential users:
-- Sensors can be interchanged without reprogramming data recorders with
calibration or other information
-- Power is supplied to sensors through the interface
-- The use of a standard serial interface eliminates significant complexity
in the design of data recorders
-- Data recorders can be designed and produced independently of future
sensor development
-- Sensors can interface with any SDI-12 data recorder
-- Sensors will work with data recorders using earlier versions of SDI-12
For further information on the GroPoint™ line of soil moisture
sensors, please contact the Company directly or visit our website:
www.esica.com.
The next evolution in ESI's GroPoint™ soil moisture sensor
development will be the development of a range of profiling sensors
using both the GroPoint™ Lite and GroPoint™ Pro soil moisture
sensor technologies. Using SDI-12 technology allows for multiple
sensor data points on a single recorder and communication pathway,
lending the two sensor technologies to relatively simple and
scalable development of future profiling sensors. This presents a
unique opportunity for ESI to be the only sensor company offering a
highly accurate TDT-based (time domain transmissiometry) profiling
sensor to the market.
In addition, the Company would like to announce the granting of
1,820,000 stock options to employees and contractors, including
1,600,000 to the Company's new President and C.E.O., Ingvard Find.
Options will be priced at $0.10 per common share and will expire
three years from the date of grant. Options for contractors will
vest immediately, while the options for Mr. Find will vest over two
years.
On September 8, 2010, the Company previously announced a grant
of 1,800,000 incentive stock options priced at $0.05 per common
share, which was the market price of the Company's common shares at
the time of the grant. To-date, none of these incentive stock
options have been exercised. TSX Venture Exchange (the "Exchange")
Policy dictates that the minimum exercise price for an incentive
stock option is $0.10. The Company has recently discovered this
conflict and has contacted the Exchange in order to remedy the
oversight. All options granted on September 8, 2010 will be
retracted and re-issued at an exercise price of $0.10.
About ESI
ESI is a leading manufacturer of patented and proprietary
solutions for environments where understanding the presence,
movement, and/or amount of water are important. Major market
sectors include: agriculture, golf and turf, scientific research,
civil engineering, mining, environmental monitoring and crude oil
production. ESI solutions have been successfully introduced into
more than 40 countries to enable customers to optimize their
operations by monitoring the presence and movement of water,
managing irrigation systems, and monitoring the integrity of
landfill covers. In addition, ESI's FloPoint™ instrument has been
deployed in the oil industry to measure the volumetric presence of
water pumped during crude oil extraction for characterization and
optimization of the process. ESI differentiates itself by
translating the best technology and science available into
practical, easy to use solutions. Irrigation managers, reservoir
engineers, and scientists have adopted ESI's products for their
accuracy, ease of use, repeatability, and ability to operate in
challenging environments. ESI is publicly traded on the TSX Venture
Exchange under the symbol "ESV". Further information about ESI may
be obtained through the Company's website at www.esica.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: E.S.I. Environmental Sensors Inc. Bernard M.
Beauchesne Media and Investor Relations Contact 250.655.3211 or
1.800.799.6324 bbeauchesne@esica.com www.esica.com
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