Kelso Technologies Inc. (TSX VENTURE:KLS)(OTCQX:KEOSF) - The Company reports
that it has successfully developed its dual rated pressure relief valve ("DPRV")
for commercial applications. The new DPRV has been designed pursuant to an
industry-wide request by the Association of American Railroads ("AAR") and the
Rail Supply Institute ("RSI") for higher performance standards for pressure
relief valves used on rail tank cars carrying crude oil, ethanol and other
flammable commodities. This is a key part of ongoing regulatory efforts by the
United States and Canada to provide safer DOT 111 tank cars.


On February 20, 2014 Kelso announced that it had filed a patent application for
its DPRV design for use on new rail tank cars and retrofits of existing rail
tank cars. Our design team successfully created the DPRV based on our existing
patents that cover our external constant force spring pressure relief valve
("EPRV") design. Our DPRV features simple mechanical engineering innovations to
our existing EPRV platform. The new DPRV is designed to exceed the AAR and RSI
recommended safety benefits in both accident and non-accident environments. 


In general terms in a rail tank car accident involving fire our DPRV will
significantly lower its operating pressure rating based on temperature only to a
level that will keep the valve open in order to evacuate the tank car in less
than 100 minutes as specified by AAR recommendations. This is a dramatic change
to current technology capability. In addition, Kelso believes its DPRV will
provide economic advantages to the impact of the expense of retrofits facing the
railroad industry. Our DPRV is an extension of our current EPRV products so that
it fits seamlessly to existing tank car designs and can be retrofitted in the
field to minimize costs.


Our unique approach to the DPRV will allow Kelso, in a very short time frame
after final AAR approval, to deliver a proven high performance product at
production capacities that exceed all North American railroad annual OEM,
retrofit and repair needs for this product. Our new 44,000 square foot facility
in Bonham, Texas in combination with our existing 47,000 square foot facilities
have been designed to produce the DPRV in desired volumes commencing in July
2014.


About Kelso Technologies

Kelso is a railroad equipment supplier that designs, produces and sells
proprietary tank car service equipment used in the safe loading, unloading and
containment of hazardous materials during transport. Products are specifically
designed to provide economic and operational advantages while reducing the
potential effects of human error and environmental harm during the transport of
hazardous materials. The Company is experiencing multi-million dollar revenue
growth based on customer adoption criteria for our commercial products which is
partly due to increased regulatory activity over concerns about railroad safety
in North America.


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 our new
DPRV is designed to exceed the AAR and RSI recommended safety benefits in both
accident and non-accident environments; our DPRV will significantly lower its
operating pressure rating in order to evacuate the tank car in less than 100
minutes; the DPRV will provide economic advantages to the impact of the expense
of retrofits facing the railroad industry; our unique approach to the DPRV will
allow Kelso, in a very short time frame after AAR approval, to deliver a proven
high performance product at production capacities that exceed all North American
railroad annual OEM, retrofit and repair needs for this product; and the Company
is experiencing multi-million dollar revenue growth based on customer adoption
criteria for our commercial products which is partly due to increased regulatory
activity over concerns about railroad safety in North America. Although Kelso
believes its anticipated future results, performance or achievements expressed
or implied by the forward-looking statements and information are based upon
reasonable assumptions and expectations, they can give no assurance that such
expectations will prove to be correct. The reader should not place undue
reliance on forward-looking statements and information as such statements and
information involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of Kelso to
differ materially from anticipated future results, performance or achievement
expressed or implied by such forward-looking statements and information,
including without limitation the risk that the Company's products may not
provide the intended economic or operational advantages; or perform as expected
or reduce the potential effects of human error and environmental harm during the
transport of hazardous materials; or grow and sustain anticipated revenue
streams. Except as required by law, the Company does not intend to update the
forward-looking information and forward-looking statements contained in this
news release. 


Neither the 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.


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 May 2024 to Jun 2024 Click Here for more Kelso Technologies Inc. Charts.
Kelso Technologies Inc. (TSXV:KLS)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Kelso Technologies Inc. Charts.