Clearford Water Systems Commences Installation of Clearford One™ to Provide $1 million Wastewater Collection and Treatment System for Fetherston Mobile Home Park in North Grenville Ontario
Ottawa, Ontario – (August 24, 2015) – Clearford Water Systems Inc. (“Clearford” or the “Company”), (TSX-V:CLI), today announced commencement of installation of Clearford One™ 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™ delivery model is available to Municipalities in Ontario and was announced in January 2015
The Clearford One ™ system is based on distributed treatment at the sewage source in ClearDigest™, collection of liquid outflow from ClearDigest™ through a small bore flexible pipe network, ClearConvey™, and final treatment meeting all regulatory requirements performed by ClearDigest™.
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™ 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™ and the Pay For Performance™ 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™. Clearford One™ is a proprietary system comprised of ClearDigest™ smart digester, ClearConvey™ small bore sewer, and ClearRecover™ 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 Statements
This 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.
For more information contact:
Kevin Loiselle, President & CEO
Clearford Water Systems Inc.
Phone: (613) 599-6474 ext. 303