OTTAWA,
April 29, 2014 /CNW/ - Clearford
Industries Inc. ("Clearford" or the "Company"), (TSXV: CLI), today
announced Clearford One™ comprised of ClearDigest™ a new Smart
Digester™, SBS® ClearConvey™ the company's
established small bore pipe network, and ClearRecover™ a new
customized treatment and water recycling product.
Clearford has 25 years of successful experience with numerous
installations of its SBS® (small bore sewer). The system
has proven effective and reliable in delivering effluent from
septic tanks for secondary and tertiary treatment in a central
treatment facility. SBS® provides communities with
highly flexible design of collection systems, eliminates both
infiltration of groundwater into the system and leakage of effluent
from the system, reduces peak flows throughout the system and
eliminates primary treatment at the treatment plant. The sealed
pipe network enables potable water piping to be laid in a common
channel with the SBS® pipes. In these first generation
systems, solids in the septic tanks require periodic removal, which
has proven to be a detractor for builders and operators.
Clearford has recently introduced the ClearDigest™ Smart Digester™,
which digests about 66% of the bio-solids in raw sewage, leaving
only non-biodegradable solids and a small portion of residual
bio-solids. Removal of accumulated solids from the digester will be
required only after decades of normal use. ClearDigest™ also
reduces Biochemical Oxygen Demand (BOD) by about 80% and Chemical
Oxygen Demand (COD) by about 40%. These performance metrics have
been proven out in extensive third-party laboratory tests that have
been ongoing since 2013 near Bangalore,
India, with ClearDigest™ matched against standard septic
tanks.
ClearDigest™ together with the proven benefits of the
SBS® ClearConvey™network, deliver near constant flow of
effluent with predictable quality for final treatment in
ClearRecover™, an optimized treatment facility designed to apply
the best current technology to meet requirements of local
regulations.
Clearford One™ is the unified sanitation system
comprised of ClearDigest™, SBS® ClearConvey™ and
ClearRecover™. The initial installation of Clearford One™ was
completed early in 2014 in a new housing development in Cayundá,
Colombia. The first
installation in Canada is expected
to be announced imminently.
"Clearford has evolved through 25 years of experience and
investment in development of the product that today is Clearford
One™," said Clearford President and CEO Kevin Loiselle.
The first installation of Clearford One™ is already up and running
in a high profile sustainable community development called the
Bosques Granada & Cayundá, in Colombia. It's a rural residential development
to accommodate 115 new houses located in a mountainous area
25 km outside of Bogotá, with a major emphasis on water
conservation and reuse. In addition to the Clearford One™ offering,
the company also provided full water management including potable
treatment and distribution, rainwater harvesting, and water reuse.
Clearford will also be involved in the long-term operation and
maintenance of the entire system. The unified water and sanitation
system that delivers world-leading water conservation is enabled by
the Clearford One™ system.
"The Cayundá development is a very impressive model for new
communities around the world," said Loiselle. "The selection of
Clearford to provide water and sanitation services is a great
affirmation of Clearford One™ and our company's overall approach to
water management," he said.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Clearford Industries Inc.
Clearford Industries Inc. (TSX-V: CLI) is a provider of unified
water management and sanitation systems. Clearford One™ is based on
Clearford's proprietary ClearDigest™ smart digester, SBS®
ClearConvey™ small bore sewer, and ClearRecover™ treatment
facilities customized to meet the requirements of each location.
Learn more about the company at clearford.com.
Forward Looking Statements
This news release contains certain statements that constitute
forward-looking statements as they relate to the Company and its
management. Forward-looking statements are not historical
facts but represent managements current expectation of future
events, and can be identified by words such as "believe",
"expects", "will", "intends", "plans", "projects", "anticipates",
"estimates", "continues" and similar expressions. Although
management believes that the expectations represented in such
forward-looking statements are reasonable, there can be no
assurance that they will prove to be correct.
By their nature, forward-looking statements
include assumptions and are subject to inherent risks and
uncertainties that could cause actual future results, conditions,
actions or events to differ materially from those in the
forward-looking statements. If and when forward-looking
statements are set out in this news release, Clearford will also
set out the material risk factors or assumptions used to develop
the forward-looking statements. Except as expressly required by
applicable securities law, the Company assumes no obligation to
update or revise any forward looking statements. The future
outcomes that relate to forward-looking statements may be
influenced by many factors, including, but not limited to: industry
cyclicality; the ability to secure third party agreements;
successful integration of Clearford's system with third party
technology; competition; reduction in demand for products;
collection from customers; relationships with suppliers; product
liability; intellectual property; reliance on key personnel;
environmental; interest rates; uninsured and underinsured losses;
operating hazards; risks of future legal proceedings; income tax
matters; credit facilities; availability and terms of financing;
distribution of securities; restrictions on potential growth;
effect of market interest rates on price of securities; and
potential dilution.
SOURCE Clearford Industries Inc.
