ProSep Inc. (TSX:PRP) ("ProSep" or "the Company"), dedicated to providing process solutions to the oil and gas industry, will release its 2013 second quarter financial results on Thursday, August 8, 2013 at 7:00 a.m. (EST). Management will hold a conference call the same day, Thursday, August 8, 2013 at 8:00 a.m. (EST) to review the financial results and the highlights of the quarter. The call will be hosted by Jacques L. Drouin, President and CEO.

CONFERENCE CALL DETAILS:


DATE:                            Thursday, August 8, 2013                   
                                                                            
TIME:                            8:00 a.m. (EST)                            
                                                                            
DIAL IN NUMBER:                  1-416-981-9000 or 1-800-734-8507           
                                                                            
LINK TO THE LIVE AUDIO WEBCAST:  www.prosep.com in the News and Investor    
                                 section                                    
                                                                            
TAPED REPLAY:                    1-416-626-4100, reservation code # 21669601
                                 or 1-800-558-5253, reservation code #      
                                 21669601                                   
                                 Available from August 8 at 10:00 a.m. (EST)
                                 until August 22 at 23:59 p.m. (EST)

If accessing the conference via the web, please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be needed to hear the webcast. An archived replay of the webcast will be available for 90 days.

About ProSep

ProSep is a technology-focused process solutions provider to the upstream oil and gas industry. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas generated by oil and gas production. For more information, please visit www.prosep.com.

Caution concerning forward-looking statements

This press release may contain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements can generally be identified by the use of the conditional tense, the words "may", "should", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective" or "continue" or the negative of these terms or variations of them or words and expressions of similar nature. In particular, forward-looking statements regarding ProSep's plans for its business development strategy, anticipated customer orders, sales and revenues, financial and operational projections and anticipated results, anticipated results of field testing with potential customers and expected benefits of ProSep's proprietary technologies; and anticipated impact on ProSep of the factors discussed under the heading Selected Risks in the latest management discussion and analysis document ("MD&A"). These forward-looking statements are based on, among other things, management's assumptions, expectations, estimates, objectives, plans and intentions as of the date hereof pertaining to, but not limited to demand for ProSep's solutions, projected revenues and expenses, the economic and industry environments in which the Company operates or which could affect its activities, the Company's ability to attract new customers, projected operating costs and cost of raw materials and energy supply, expected timing and amount of capital expenditures program of ProSep's potential customers, target market acceptance of ProSep's solutions, current and future solutions performance, evolving market conditions for oil & gas producers; and success of commercialization approach and strategic partnership initiatives. Although ProSep believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because ProSep can give no assurance that they will prove to be correct. Because forward-looking statements address future events and conditions, by their very nature they involve numerous inherent risks and uncertainties that contribute to the possibility that the forward-looking statements may prove to be incorrect. ProSep cannot assure investors that any of these forward-looking statements will prove to be accurate. Further, if any of these statements are inaccurate, the inaccuracy may be material.

Actual performance and results could differ materially from those currently anticipated in the forward-looking statements due to a number of factors and risks. Some of the factors that could cause such differences include, but are not limited to uncertainty as to market acceptance of new solutions and possible technological change, competition, economic environment and especially conditions in the oil & gas industry, legislative or regulatory developments, ProSep's ability to penetrate core markets, expand into new markets and manage future growth, the need for additional financing and uncertainties as to access to sufficient capital financing on acceptable terms, uncertainty as to achievement of profitability and ability to meet cash requirements, availability and retention of management and key personnel, the long sales and implementation cycles for ProSep's solutions, reliance on major customers, manufacturing, project execution, product defect and product liability risks, dependence on third party suppliers, exchange rate and currency fluctuations, protection of ProSep's intellectual property rights; and risks related to ProSep's foreign operations and compliance with anti-corruption and anti-bribery laws. Assumptions, expectations and estimates made in the preparation of forward-looking statements and risks that could cause actual results to differ materially from current expectations are further discussed under "Selected Risks" in the latest MD&A. In light of the significant risks and uncertainties in these forward-looking statements, investors should not place undue reliance on or regard these statements as a representation or warranty by the Company or any other person that the Company will achieve its objectives, strategies and plans in any specified time frame, if at all. The forward-looking statements contained or incorporated by reference in this management discussion and analysis relate only to events as of the date on which the statements are made. Except as required under applicable securities legislation, the Company does not undertake to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts: ProSep Inc. Investor Relations and Media: Danielle Ste-Marie VP Marketing & Corporate Development (514) 522-5550 ext. 238dste-marie@prosep.com

Purpose Conservative Inc... (TSX:PRP)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Purpose Conservative Inc... Charts.
Purpose Conservative Inc... (TSX:PRP)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Purpose Conservative Inc... Charts.