Source
CANADA NEWSWIRE
Date 08/24/2015
Time 07:26:31 AM
Company
Clearford Water Systems Inc.
Title Clearford Water Systems Commences Installation of Clearford One(TM)
to
Provide $1 million Wastewater Collection and Treatment System for
Fetherston Mobile Home Park in North Grenville Ontario
CDNX Symbol: CLI
Press Release
" BC-ClearfordWater-instal
08-24 0884
News release via Canada NewsWire, Ottawa 613-563-4465 -MEAttention Business Editors:
^Clearford Water Systems Commences Installation of Clearford One(TM) to
Provide $1 million Wastewater Collection and Treatment System for
Fetherston Mobile Home Park in North Grenville Ontario@
OTTAWA, Aug. 24, 2015 /CNW/ - Clearford Water Systems Inc. ("Clearford"
or the "Company"), (TSX-V: CLI), today announced commencement of
installation
of Clearford One(TM) to service the Fetherston Mobile Home Park in North
Grenville Ontario. The system will collect and treat sanitary sewage for
46
permanent residences. Clearford also will acquire the existing potable
water
treatment system which includes ultra violet purification by the Hallett®
system manufactured by UV Pure Technologies Inc. of Toronto, a subsidiary
of
Clearford.
The $1 million system is designed, funded, installed and operated by
Clearford Water Utility (Fetherston) Inc. under a 30 year Service
Agreement
with Fetherston Mobile Home Park Association. The Association will pay a
fixed
charge of $221.24 plus HST per month per residence, adjusted annually to
reflect the change in the Consumer Price Index. The system is scheduled
to be
operational before year end 2015. This Clearford Pay For Performance(TM)
delivery model is available to Municipalities in Ontario and was
announced in
January 2015.
The Clearford One (TM) system is based on distributed treatment at the
sewage source in ClearDigest(TM), collection of liquid outflow from
ClearDigest(TM) through a small bore flexible pipe network,
ClearConvey(TM),
and final treatment meeting all regulatory requirements performed by
ClearDigest(TM).
For Fetherston, ClearDigest will incorporate a packaged Membrane
BioReactor (MBR) supplied to Clearford by Koester-Team Aquatic (KTA).
Operation of the Fetherston system has been contracted by Clearford to
KTA, an
established Ontario operator of wastewater treatment plants. Clearford
retains
full responsibility for the system with service functions performed by
KTA.
"Clearford One(TM) provides this community with wastewater management
service that is affordable for residents while providing environmental
performance superior to conventional systems ", said Kevin Loiselle,
Clearford's President and CEO. "We believe that Clearford One(TM) and the
Pay
For Performance(TM) delivery model will allow many communities in Ontario
to
meet wastewater management needs without being burdened by debt and with
full
life cycle service charges significantly lower than the cost of
conventional
systems," Mr. Loiselle said.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as
term defined in policies of TSX Venture Exchange) accepts responsibility
for
the adequacy or accuracy of this release.
About Clearford Water Systems Inc.Clearford Water Systems Inc. (TSX-V:
CLI) is a provider of unified water management and sanitation systems
based on
Clearford One(TM). Clearford One(TM) is a proprietary system comprised of
ClearDigest(TM) smart digester, ClearConvey(TM) small bore sewer, and
ClearRecover(TM) final treatment facility. For more information on
Clearford
Water Systems, please visit www.clearford.com .
About UV Pure Technologies Inc.UV Pure Technologies manufactures
technically advanced UV water purification systems. The Company has won
an
Artemis Top 50 Clean Tech Company award, two Frost and Sullivan Best
Practices
awards, a Canadian Drinking Water Association award for innovation, and
is a
Going Green Global Top 200 company.
There are currently over 14,000 UV Pure systems in residential,
commercial, industrial, public and municipal applications, with flow
rates up
to 1 million gallons per day. An aerospace version of UV Pure's system is
being used by Boeing to purify water on its new 787 Dreamliner.
UV Pure's patented Crossfire Technology® is dramatically advantaged
compared to conventional UV systems. Lamps are mounted in air surrounded
by
elliptical reflectors providing more effective deactivation of pathogens,
facilitating easy lamp changes and visual quartz inspection. They are
self-cleaning, smart - with multiple sensors and on-board diagnostics
guiding
maintenance, engineered to be fail-safe, virtually maintenance free, and
are
plug-in ready for remote monitoring. For more information on UV Pure
Technologies, please visit www.uvpure.com.
Forward Looking StatementsThis news release contains certain statements
that constitute forward-looking statements as they relate to the Company
and
its management. Forward-looking statements are not historical facts but
represent management's current expectation of future events, and can be
identified by words such as "believe", "expects", "will", "intends",
"plans",
"projects", "anticipates", "estimates", "continues" and similar
expressions.
Although management believes the expectations represented in such
forward-looking statements are reasonable, there can be no assurance that
they
will prove to be correct.
By their nature, forward-looking statements include assumptions and are
subject to inherent risks and uncertainties that could cause actual
future
results, conditions, actions or events to differ materially from those in
the
forward-looking statements. If and when forward-looking statements are
set out
in this news release, Clearford will also set out the material risk
factors or
assumptions used to develop the forward-looking statements. Except as
expressly required by applicable securities law, the Company assumes no
obligation to update or revise any forward looking statements. The future
outcomes that relate to forward-looking statements may be influenced by
many
factors, including, but not limited to: industry cyclicality; the ability
to
secure third party agreements; successful integration of Clearford's
system
with third party technology; competition; reduction in demand for
products;
collection from customers; relationships with suppliers; product
liability;
intellectual property; reliance on key personnel; environmental; interest
rates; uninsured and underinsured losses; operating hazards; risks of
future
legal proceedings; income tax matters; credit facilities; availability
and
terms of financing; distribution of securities; restrictions on potential
growth; effect of market interest rates on price of securities; and
potential
dilution.
SOURCE Clearford Water Systems Inc.
To view this news release in HTML formatting, please use the following
URL:
http://www.newswire.ca/en/releases/archive/August2015/24/c7624.html
-008/24/2015
/For further information: Kevin Loiselle, President & CEO, Clearford
Water Systems Inc., Phone: (613) 599-6474 ext. 303, www.clearford.com/
/Web Site: www.clearford.com /
(CLI. CLIRF)
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Clearford Water Systems Inc.
Ontario
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