NEWS - Flo*Point
ESI Environmental Sensors Inc. - 40 Flo*Point(TM)
Systems to go into Oil and Gas Market
Victoria, British Columbia - Monday, January 29, 2001, 10:00 AM EST
ESI Environmental Sensors Inc. (ESI, "The Company") is pleased to
announce that manufacturing is well underway for the first
production units of the Flo*Point(TM) Water Cut Sensor. Ten units
will be shipped and installed by Barber Engineering and Controls
Ltd., the company's Distributor, in early February, and a further
30 units will be progressively shipped over the following weeks.
The Company also recently completed a series of rigorous
industrial quality assurance certification tests for both its
manufacturing facilities and for the first Flo*Point(TM) product.
Details of these will be announced shortly.
Flo*Point(TM)'s major customer benefit is revenue enhancement. It
assesses the percentage of water content in oil, on a real-time
basis, in multiple oil production applications including primary
and secondary recovery and can eliminate water cut sampling.
Flo*Point's single unit, no-moving-parts construction is
versatile and provides immediate monitoring on pumping oil wells.
Flo*Point(TM) addresses the limitations of alternative
technologies for measuring water in oil. In differing degrees,
they are expensive, inaccurate, difficult to install, or required
constant adjustments. Flo*Point(TM) will be available in a range
of pipe sizes and pressure ratings to suit the varying needs of
the oil industry.
"We are very excited to hear that we will be receiving production
units for many of our clients in the oil industry who have been
waiting for the introduction of this exciting new technology. The
Flo*Point(TM) design is outstanding, simple to install, and our
evaluations have proven its capability." Said Peter Barber, Vice
President of Marketing for Barber Engineering and Controls Ltd.
ESI Environmental Sensors Inc esica.com is an
award-winning environmental technology corporation, based in
Victoria, British Columbia, specializing in the design,
manufacture, and distribution of instrumentation and sensors for
water and environmental management. Established in 1973, it is
publicly traded on the CDNX exchange under the symbol ENV.
For more information contact:
Gail Gabel Robert A. Young
President and CEO, Investor Relations
ESI Environmental Sensors Inc. 1-877-626-2121
800-799-6324
250-479-6588
ggabel@esica.com |
