KLS Kelso Technologies Inc.

Kelso Technologies Inc. (the "Company" or "Kelso") (TSX VENTURE:KLS)(OTCQX:KEOSF) - 

Kelso reports that it has granted 310,000 incentive stock options at an exercise
price of $0.65 per common share to several key personnel who have contributed to
the recent rapid sales growth of the Company.


James R. Bond comments that "The Company has been successfully building its
brand within the railroad industry over the past two and on half years. Despite
near bankruptcy in 2010, the challenges of our small size and limited resources
our products are now fully qualified and regulatory approved for commercial use
in railroad applications. With verification of our productive capability OEM
customers have recently been ordering our products in much larger numbers. This
provides the commercial evidence that Kelso has been accepted as a reliable
railroad equipment supplier - our primary business development goal. Industry
adoption of our innovative line of external pressure release valves has been
growing rapidly with revenue currently running at approximately US$225,000 per
week. Our revolutionary new manway technology continues to be commercially
service tested and expected to contribute to additional revenue growth in 2013.
Our personnel have done exceptional work in building Kelso's business and with
their continued dedication many more business growth highlights are expected in
the near future."


About Kelso Technologies

Kelso is a railroad equipment supplier that designs, produces and sells a new
generation of innovative products designed to improve the safe containment and
pressure management of hazardous materials ("HAZMAT") during rail or road
transport. Products include a series of external constant force spring pressure
relief valves and a revolutionary new manway securement system trademarked as
the "Kelso Klincher(TM)".


These products are initially designed for use on applications on railroad tank
cars but are currently being modified for use in new markets that include
roadway trucking. All products are patent protected. Their primary design
function is to reduce human errors and injuries and minimize environmental harm
due to non-accidental release events that may occur during the transport of
HAZMAT.


Kelso's ultimate goal is to have all products become "gold standard" products on
most HAZMAT and non-hazardous applications and capture a large share of the
market for our products. We are confident that we have created a solid
foundation on which to build a successful multi-million dollar business on
behalf of the shareholders of Kelso Technologies.


For a more complete business and financial profile of the Company, please 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 have
created a sustainable multi-million dollar business that currently generates
approximately US$225,000 weekly and that many more business growth highlights
are expected in the near future. 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; product development may face unexpected delays; 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; and operations may run into permit,
labor or other problems. 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. We assume no responsibility to update these forward
looking statements except to the extent required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kelso Technologies Inc.
James R. Bond
CEO and President
250-764-3618
bond@kelsotech.com


Kelso Technologies Inc.
Richard Lee
Chief Financial Officer
604-590-1525
lee@kelsotech.com
www.kelsotech.com

Kelso Technologies Inc. (TSXV:KLS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Kelso Technologies Inc. (TSXV:KLS)
Historical Stock Chart
From Jul 2023 to Jul 2024