Guelph, Ontario / ACCESSWIRE / June 19, 2014 / The Board of Directors (“the Board”) of ENPAR Technologies Inc. (“ENPAR” or “the Company” or “the Corporation”) is extremely pleased to announce that Mr. Nizar Kammourie has joined ENPAR as Director, effective immediately.
Mr. Kammourie heads the Water Division of the privately-owned Saudi Brothers Commercial Group, which consists of three companies. Under his management, SAWACO Water Desalination, Saudi Arabia’s first private water utility, has expanded its output capacity and extended its operating model to include Build/Own/Transfer (BOT) concessions. Suido Kiko Middle East (SKME), a Japanese-Saudi EPC venture in the water treatment field, has secured many significant projects in the Kingdom of Saudi Arabia within a short span of time. Its clientele include the Ministry of Water and Electricity, Municipal Authorities, National Water Company, and other leading public/private sector organizations/industries. SKME has been the recipient of various prestigious international awards and recognitions. Chemsbro is a specialty chemical services provider for the water treatment industry in Saudi Arabia and has established collaborations with leading international chemical suppliers.
Mr. Kammourie is the Director of the Business Development Unit (INDUSTRIAL) of Saudi Brothers Commercial Group. The Water Division’s companies were all spun-off from the Business Development Unit. He holds Degrees in Civil Engineering and Math from the American University of Beirut.
Dr. Gene Shelp, President and CEO, commented, “Management and the Board of Directors are extremely pleased to welcome Mr. Kammourie to the Board of Directors. Mr. Kammourie brings to ENPAR over 26 years of expertise in one of the more dynamic infrastructure markets of the world. His extensive knowledge of Middle East markets, coupled with his proven business acumen, will enable ENPAR and its strategic partner Chemsbro/SAWACO/Saudi Brothers Commercial Group to capitalize on enormous commercial opportunities for ENPAR’s state-of-the-art electrochemical water treatment technologies in the Kingdom of Saudi Arabia and other countries in the region.”
About ENPAR Technologies Inc.
ENPAR is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “ENP”.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Dr. Gene Shelp, President and CEO.
Tel: (519) 836-6155
Fax: (519) 836-5683
Web Site: www.enpar-tech.com
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and “confident” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. ENPAR believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. ENPAR undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: ENPAR Technologies Inc.