11/02/2007

Clearford Announces Agreement to Implement the Small Bore Sewer™ at Ontario Seasonal Condominium Resort

Ottawa, Ontario – (November 2, 2007) – Clearford Industries Inc. (“Clearford”, TSX-V: CLI) today announced a $1,013,800 agreement to install the Small Bore Sewer™ (SBS™) wastewater collection system along with a wastewater treatment plant for 140 connections at Loon Lake Resort (www.loonlakeresort.ca) in Madoc, Ontario.

Loon Lake Resort is located approximately 60 km north of Belleville, Ontario, and consists of 150 hectares of land with 140 existing trailer sites and provisions for an additional 60 trailer sites to be developed. There is also an existing recreation hall, main wash station and log house to be connected to Clearford’s SBS™ system.  When choosing a sewer for this development, it was necessary for the owners of Loon Lake to find a solution that provided a high degree of layout flexibility, was expandable, and would not require deep installation to maintain minimum slopes.  The SBS™ system met these criteria, and will be installed using open trench installation which will result in minimal restoration required for the area. Installation of the SBS™ system will minimize or eliminate the need for rock excavation, blasting and excessive dewatering. 

“It was important for Loon Lake Resort to find a sewer solution that would enable future expansion, that eliminated the environmental issues associated with septic systems, and that was affordable,” said Peter Cougler, President of Loon Lake Resort Condo Corp. “I am looking forward to working with Clearford to make Loon Lake a green example for seasonal developments throughout the country.”

“As baby-boomers become a growing segment of the population looking for affordable recreational property, seasonal resorts such as Loon Lake are going to have an increased presence and demand throughout Canada,” stated Bruce Linton, President and CEO of Clearford. “The environmental advantages of the SBS™ system translate into lower capital and operational cost for both the collection and treatment of sewage. As a result, we are able to service the park for less than $7,500 a door.”

Forward-Looking Statements
Any forward looking statements made in this press release involve risks and uncertainties, and actual results could differ materially from those expressed or implied in such statements. However, we disclaim any intention and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. More detailed information of the matters described herein is included in the public documents Clearford files from time to time with Canadian securities regulatory authorities.

About Clearford Industries Inc.
Clearford Industries Inc. is comprised of two divisions: the Wastewater Systems Division and the Brooklin Concrete Division.  The Wastewater Systems Division designs and implements the patented Small Bore Sewer™ (SBS™), a watertight small diameter wastewater collection system for developers, municipalities and First Nations communities who need to create, expand or upgrade their sewage systems. This solution provides servicing with superior operational and environmental performance at a significantly lower cost when compared to historic gravity sewers. With its first installation in 1989, the SBS™ has since had several installations within Canada and the U.S. The Brooklin Concrete Division has been in operation since 1952, with 4 locations in Ontario, including: Brooklin, Newmarket, Huntsville and Haliburton. A leading producer of septic tanks in Ontario, Brooklin manufactures precast concrete products ranging from interlocking pavers and patio slabs, to retaining walls and storage structures. For more information on Clearford Industries Inc., please visit www.clearford.com.

For more information contact:
Mr. Bruce Linton
President and CEO
Clearford Industries Inc.
Phone: (613) 599-6474 ext. 301
www.clearford.com