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Gold/Mining/Energy : Trojan Technologies Inc. - T.TUV

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To: Greg R who started this subject12/13/2001 6:26:06 PM
From: Greg R   of 127
 
Trojan receives purchase order to treat contaminant

Trojan Technologies Inc TUV
Shares issued 17,168,392 Dec 12 close $6.36
Thu 13 Dec 2001 News Release
Mr. Marvin DeVries reports
Trojan Technologies has received a purchase order to supply a three-MGD
ultraviolet (UV) system to destroy N-Nitrosodimethylamine (NDMA), a harmful
environmental contaminant. Once treated, the reclaimed water will be
injected into an aquifer to prevent saltwater intrusion and protect
groundwater supplies. The contract valued at approximately $2-million
(Canadian) was awarded to Trojan as part of the Alamitos Barrier recycled
water project located in Long Beach, Calif. Along with the Trojan UV
system, the Alamitos water treatment plant will also use membrane
filtration and reverse osmosis in the treatment process.
The Alamitos Barrier recycled water project, sponsored by the Water
Replenishment District of Southern California (WRD), will purify water for
reuse, that would otherwise be discharged to the ocean.
"Using advanced water treatment technology, such as ultraviolet light for
the destruction of NDMA, will purify water leaving the treatment plant to
levels that exceed drinking water standards for NDMA," said Dr. Bruce
Mowry, general manager with the WRD. "This project, one of the first of its
kind, will allow our local groundwater supplies to be protected from
saltwater intrusion which, if left unattended, would destroy invaluable
drinking water supplies."
"This Alamitos Barrier project reinforces Trojan's position as a leader in
the environmental contaminant treatment (ECT) market," said Marvin DeVries,
executive vice-president, Trojan Technologies. The ECT market is a new
market opportunity for Trojan developed through the acquisition of AUVS in
March, 2001. Revenues in 2001 were approximately $1.3-million and
significant growth is anticipated in this market. The equipment will be
shipped to the site in the summer of 2002.
Environmental contaminants are compounds that are mobile in water, toxic at
low concentrations, resistant to biodegradation and difficult to treat by
conventional technologies. Examples of environmental contaminants include
NDMA, 1,4-Dioxane and Methyl Tertiary Butyl Ether (MTBE), which are
byproducts of many industrial manufacturing processes, and often found in
groundwater supplies.
(c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com
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