Pure Technologies Awarded Major Water Pipeline Condition Assessment Contract

May 23, 2014

Pure Technologies Ltd. ("Pure" or the "Company") is pleased to announce it has been awarded a multi-year contract in the amount of $10.9 million to provide inspection services for critical water pipelines within The Regional Municipality of York (York Region).

York Regional Council has awarded Pure with a four-year contract to conduct condition assessments for pipelines critical to the delivery of water to municipalities within the Region. Under the terms of the contract, the Company will provide inspection and engineering services necessary to optimize the proactive rehabilitation work planned by the client and to identify potential sources of failure for more than $700 million worth of York Region's major water pipelines.

The proprietary technologies to be utilized include Pure's PipeDiver® and SmartBall® multi-sensor inspection technologies. These inspection platforms can be deployed into live pipelines, avoiding costly shutdowns and service disruptions, a key criterion for the project. Pure Technologies will also undertake engineering services to provide York Region with actionable information regarding their pipeline assets.The Company has worked previously for York Region's Asset Management program, utilizing various technologies including its robotics equipment.York Region is responsible for production, treatment, storage and transmission of water to its nine area municipalities in the province of Ontario, Canada.

Contact

Pure Technologies Ltd.

Paul Moon

Phone:

+1 403 266-6794

E-Mail:

investor.relations@puretechltd.com

Internet:

To website

© 2024 visaplan GmbH, a subsidiary of Prof. Dr. Ing. Stein & Partner GmbH

UNITRACC 3.10.15.1