Water Stocks News -Pure Technologies ( TSX-V: PUR) Announces New SmartBall(R) Licensee
CALGARY, Dec. 23 Pure Technologies Ltd.,( TSX-V: PUR), announced today that Applus RTD, a leading international non-destructive testing and inspection company, has purchased a license for Pure's SmartBall(R) water leak detection system for the Benelux countries (Belgium, Netherlands and Luxembourg). This is the third SmartBall(R) license sold this year, following similar commitments from Mouchel plc for the UK and Ireland, and Rand Water Services for Southern Africa.
Commenting on the development, Mike Wrigglesworth, Pure's Vice President for the Middle East and Africa, stated that this new license agreement was an indication of the increasing acceptance of SmartBall(R) as an effective and cost-efficient leak detection system for trunk mains.
ABOUT APPLUS RTD GROUP
With headquarters in the Netherlands, and offices in thirty-one countries, Applus RTD Group (www.applusrtd.com) is an international company specialized in non-destructive testing, inspection and asset integrity management. The company provides a wide range of NDT and inspection services ranging from specialized pipeline testing, on-stream monitoring and scanning, detailed inspection and data management through to integrity management. With its specialized team, Applus RTD is partners in providing custom-made solutions to all questions about water-related inspections.
About Pure Technologies Ltd.
Pure Technologies Ltd. is an international technology and services company which has developed patented technologies for inspection, monitoring and management of critical infrastructure around the world. Pure operates from its headquarters in Calgary, Canada and through subsidiaries in Maryland, New Jersey, and the UK. Pure's proprietary product portfolio includes SoundPrint(R), a continuous acoustic structural monitoring system for buildings, bridges and structures; SoundPrint(R) AFO, a fiber-optic distributed acoustic sensing system for monitoring and surveillance of pipelines; and SmartBall(R), a revolutionary new leak detection technology for water, wastewater and hydrocarbon pipelines.
Forward-Looking Statements
This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and the Company's actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of Management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. In the context of any forward-looking information please refer to risk factors detailed in, as well as other information contained in, the Company's filings with Securities Regulators (www.sedar.com).
(R) Registered Trademarks, property of Pure Technologies Ltd.
"The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release"
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