PyroGenesis Receives Additional Contract of US $160K from Military Consortium to Improve Plasma System for the Destruction of Chemical Warfare Agents

MONTREAL, Feb. 4, 2016 /CNW Telbec/ - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF), a TSX Venture 50® clean-tech company (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announced today that it received an additional contract of US $159,877 to provide engineering services  on the Tactical Mobile Plasma System used for the Destruction of Chemical Warfare Agents (the "Contract") already under contract. 

As previously announced, PyroGenesis was engaged by a multi-national military consortium (the "Client") to develop a first of its kind Tactical Mobile Plasma System to be used for the destruction of Chemical Warfare Agents (the "System"), such as those being dealt with in Syria.  This System has since been completed.

PyroGenesis is currently contracted to perform in-depth testing of the System at its facilities in Montreal, Canada.  The Contract announced today was awarded to further automate the System, more specifically, to enhance the System's performance and minimize operator intervention for added safety.

This Contract is expected to start imminently and, along with testing of the first System currently underway at PyroGenesis' facilities, is expected to be completed by end of Q2-2016.  Of note, PyroGenesis' Client is planning to spend an additional US $100 Millions during the final testing phase of the System.

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a TSX Venture 50® clean-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m² manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2008 certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian company on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). For more information, please visit www.pyrogenesis.com

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SOURCE PyroGenesis Canada Inc.

P. Peter Pascali, Chief Executive Officer, Phone: [phone], E-mail: [email protected]