BluMetric providing environmental equipment and services to the Panama Canal "Third Set of Locks"
OTTAWA, Dec. 9, 2013 /CNW/ - BluMetric Environmental Inc. (TSX-V: BLM), a Canadian cleantech company, is pleased to announce that it has been awarded a contract valued at US$2.348 million to provide wastewater treatment systems and related installation services to Grupo Unidos por el Canal (GUPC) and the Panama Canal Authority.
GUPC is the contractor responsible for the design and construction of the Third Set of Locks - the main project of the Panama Canal Expansion Program - which is amongst the world's largest ongoing construction projects. GUPC is a consortium of large European and Panamanian construction and engineering companies, formed specifically to undertake this extraordinary multi-year, multi-billion-dollar Canal expansion project. The BluMetric equipment will be delivered in stages through the first half of calendar 2014.
"We're very pleased that GUPC selected BluMetric to design, build, install, and commission these critical pieces of environmental infrastructure to the Canal expansion project," said Dan Scroggins, President of the BluMetric Water Division. "With GUPC, we were able to provide advanced technical solutions that exactly fit their needs, in an environment that demands robust design and flexible customer service options."
"This project provides a strong indication of our ability to market and deliver our solutions to large multinational customers, a specific trigger for growth outlined in our strategic plan," said Roger Woeller, BluMetric's co-Chief Executive Officer. "We have a significant presence in Latin America, and this project signals our readiness to expand in that region. We look forward to working with GUPC as it undertakes this mega-project."
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About BluMetric
BluMetric delivers sustainable cleantech solutions to complex environmental issues. The Company serves clients in many industrial sectors, and at all levels of government, in Canada and abroad.
BluMetric operates through two divisions:
- Professional Services, providing environmental earth sciences and engineering solutions, including contaminated site remediation, water resource management, industrial hygiene, occupational health & safety, and renewable energy. This division also operates under the names "WESA", "Envir-Eau", and "OEL-HydroSys"
- Water, focussed on design-build and pre-engineered product solutions to industrial/commercial water and wastewater treatment needs. This division also operates under the names "WESAtech" and "Seprotech".
More information can be obtained at www.blumetric.ca
Forward-Looking Statements
Neither 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 release. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
SOURCE: BluMetric Environmental Inc.
Roger Woeller, Co-CEO
Tel: (613) 839-3053 x242
Email: [email protected]
Robin M. Sundstrom
IRonside Investor Relations
Tel: (647) 822- 8111
Email: [email protected]
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