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To: RagTimeBand who wrote (466)	10/4/1999 7:41:00 PM
From: RagTimeBand	Respond to of 527

Canada Trojan shows signs of return to health Monday October 4, 4:31 pm Eastern Time biz.yahoo.com TORONTO, Oct 4 (Reuters) - Beleaguered Trojan Technologies Inc. (Toronto:TUV.TO - news) shares made a slight rebound on Monday after a miserable week, gaining 14.5 percent as investors snapped up the discounted stock. London, Ontario-based Trojan, which specializes in ultraviolet water disinfection systems, gained 85 Canadian cents on the Toronto Stock Exchange to close at C$6.70 as more than 369,000 shares changed hands. ''It's people trying to find the low and betting we hit it on Friday,'' said Sara Elford, analyst at Canaccord Capital Corp. in Vancouver. The gains follow a massive slide in the stock. It tumbled from last Tuesday's close of C$11.90 after the firm issued its second profit warning in three months last Wednesday. Trojan said on Monday it has appointed Douglas Alexander as interim chief financial officer, replacing Vice-President of Finance David Holden, who is ill. Trojan also announced that it has hired consulting firm PricewaterhouseCoopers LLP to review its operations and reporting systems. The review, expected to take six weeks, will include recommendations to more accurately record results. PricewaterhouseCoopers is also looking for ways to improve gross margins and earnings in manufacturing, engineering and overhead costs. ''I also view that quite positively,'' said Elford. ''They need to go through their controls with a fine-tooth comb.'' Trojan, which split its stock early in September, now expects to break even in the fiscal year ended August 31. An internal audit has shown the firm had understated the cost of goods and overhead. Before the stock split, a consensus estimate of C$1.07 per share was dropped to 60-65 Canadian cents per share. Increased competition and higher-than-expected legal and product development costs were blamed for the downgrade. ($1=$1.47 Canadian)

To: RagTimeBand who wrote (466)	10/4/1999 7:47:00 PM
From: RagTimeBand	Read Replies (1) \| Respond to of 527

Calgon Carbon Awarded Contract for Sentinel(TM) UV Disinfection System For Drinking Water Monday October 4, 11:30 am Eastern Time Company Press Release SOURCE: Calgon Carbon Corporation biz.yahoo.com PITTSBURGH, Oct. 4 /PRNewswire/ -- Calgon Carbon Corporation (NYSE: CCC - news) announced today that it has been awarded a contract to provide the world's first full-scale UV system specifically designed to provide protection against cryptosporidium and giardia in drinking water. Calgon Carbon, in conjunction with the City of Grosse Pointe Farms, will install a Sentinel(TM) UV Disinfection System at the Grosse Pointe Farms Water Treatment Plant in Grosse Pointe Farms, Michigan, as an additional treatment technique to ensure safe drinking water for its residents. The system, which is scheduled to be on-line during the first quarter of 2000, can treat 14 million gallons of water per day. Sentinel's medium-pressure lamps achieve more than 99.9% inactivation of cryptosporidium and giardia at a fraction of the cost of other treatment methods. In addition, operating costs are far less than conventional disinfection methods. Darrel Schuurman, water superintendent for the City of Grosse Pointe Farms commented, ''Our consulting engineer from Snell Environmental Group, Inc., John O'Malia, recommended that we choose Sentinel over membrane and ozone systems because of its high performance standards and both lower capital and operating costs. Also, unlike other technologies, Sentinel does not produce disinfection by-products. The system is compact, easy to install, and has a flexible design for easy retrofitting into our existing system.'' Earlier this year, Sentinel became the first product to receive verification under the U.S. EPA's ETV Package Drinking Water Treatment Systems pilot. The verification, backed by both the U.S. EPA and NSF International, offers water utility managers and state regulatory officials a uniform method for assessing product performance claims. Gary Van Stone, executive director of municipal market development at Calgon Carbon Corporation, said, ''Grosse Pointe Farms has taken a leadership position in the U.S. by choosing to provide its citizens with an additional water treatment technique that is not mandated by law. We are pleased to have the opportunity to work with the City of Grosse Pointe Farms on this project.'' Calgon Carbon Corporation (www.calgoncarbon.com), headquartered in Pittsburgh, Pennsylvania, is a global leader in the production, supply, and design of products, services, and technologies for making air and water cleaner and safer. The company employs 1,100 people with 11 facilities in six countries and 12 sales offices serving customers worldwide. SOURCE: Calgon Carbon Corporation