Seprotech Consortium Awarded Middle-East Contract Valued at $ 4 Million
January 18 2012 - 4:01AM
PR Newswire (Canada)
OTTAWA, Jan. 18, 2012 /CNW/ - Seprotech Systems Incorporated is
pleased to announce that a Canadian Consortium lead by the Company
and including WESA Group Inc. of Ottawa, Ontario, has been awarded
a contract in the Middle-East valued at approximately $ 4 Million
CAD for environmental engineering and construction supervision
services. The contract is for a Naturally Engineered Wastewater
Treatment (NEWT) system at an industrial facility currently under
construction for a bauxite mine and aluminum smelter in the Kingdom
of Saudi Arabia. The project is an ecological wastewater treatment
system designed to mimic the cleansing functions of wetlands. The
process is based on fixed-film technology and the ecological
functions of a natural tidal wetland. "This is a very important
project for Seprotech and represents our first contract in the
Middle-East where water scarcity and conservation are paramount as
they represent a major hurdle to economic growth," said President
& CEO Harry Marshall. "We have only been working with our
new partner in Saudi Arabia for 3 months and this relationship is
already bringing in excellent results. "The contract also
reinforces new Management's strategy to expand Seprotech's
technology reach through diverse processes and to concentrate on
specific international partners with strong local presence, and
with engineering capabilities complimentary to Seprotech's,"
continued Mr. Marshall. "We look forward to expanding our
presence and new contracts in The Kingdom of Saudi Arabia and the
Middle-East as a whole over the coming year." About Seprotech:
Seprotech is a provider of 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 CrystalBlueâ„¢ 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. Seprotech Systems
Incorporated CONTACT: Mr. Ian W. Malone, CFOTel: (613) 523-1641Fax:
(613) 731-0851
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