CALGARY, ALBERTA — (Marketwired) — 10/23/13 — Seair Inc. (TSX VENTURE: SDS) (“Seair” or the “Company”) is pleased to announce that it has received a purchase order for two additional flow through diffusion towers from an existing customer. The units will be used for dewatering operations in connection with new wells being drilled at the project. The units will treat between 20 – 450 gallons of water per minute, removing hydrogen sulphide from the water. These units are part of a series of units that will join the five units that the customer ordered this spring.
Seair–s CTO and acting CEO Kyle Greene said, “We–re pleased to continue our work in offering our oil sands customers state-of-the-art dewatering treatment systems. Our system allows them to treat their basal water and remove the naturally occurring hydrogen sulphide very efficiently. The growing use of our systems by one of the world–s leading oil companies is a testament to the effectiveness of our technology and reliability of our systems. We–re excited about what these orders mean to our ability to increase our penetration in the mine dewatering sector, where in certain applications, our technology can–t be matched.”
In other oil sands applications, the Company recently completed a trial to treat certain emissions from an oil sands operation. The results from the trial showed a substantial reduction in the targeted emissions. The project is now moving to the next phase. Seair–s Greene said, “The results of this pilot were very promising and show the versatility of Seair–s diffusion technology. Hopefully the next phase of this project will indicate the process is economically viable and lead to potential commercial implementation. It would be great to see Seair–s technology used beyond the treatment of industrial and other waste waters.”
ABOUT SEAIR
Seair Inc. (TSX VENTURE: SDS) is a Calgary based cleantech company. Seair has commercialized proprietary technology that can diffuse gases, such as oxygen, ozone and carbon dioxide, into liquids more effectively and with lower power consumption than the competition. Seair–s patented technologies can produce micron size bubbles that are more efficient than other diffusion technologies because the diffused gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. Seair has been working with customers in the Oil and Gas industry for over five years.
Seair applications include oil sands SAGD water solutions, frac and produced water treatment, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment and most recently, industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to or visit the Seair website at .
Seair is proud to be recognized as one of the Top 5 Cleantech companies in the TMX 2012 Venture 50.
Statement Regarding Forward-Looking Information
This news release of Seair contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Seair–s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking statements in this document include statements regarding Seair–s expectations regarding the regulatory approval of the Offering, closing of the Offering and the use of proceeds from the Offering. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Seair–s expectations. Seair undertakes no obligation to update these forward-looking statements in the event that management–s beliefs, estimates or opinions, or other factors, should change.
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 news release.
Contacts:
Seair Inc.
Jim Laird
CFO
780-477-7188